๐บ๐ธ THE IRS JUST RAISED THE 401(K) CONTRIBUTION LIMIT FOR 2027
Here's how much you can put in next year:
401(k):
Under 50: $25,500 (up $1,000)
Age 50+: $34,000
Ages 60 to 63: $37,250
SIMPLE IRA:
Under 50: $17,500 (up $500)
Age 50+: $21,500
Ages 60 to 63: $22,750
IRA (Traditional or Roth):
$7,500, or $8,600 if you're 50+ (no change)
Thursday, November 12, 2026, 7:00 AM.
The latest satellite imagery shows the first cold front of Californiaโs 2026 - 2027 rainy season becoming the start of a gradual active storm pattern.
As expected, conditions are shifting from heat to rain, with possible thunderstorms a pattern similar to those observed in November 1997 and 1982. Skies are clear today, but a different weather pattern is expected over the next few days and weeks ahead. #CAwx #CaliforniaStorms #ElNiรฑo
BREAKING: The DOJ is probing Alice Huang, the woman suspected as a spy targeting Jensen Huang, over whether she was involved in smuggling products made by Super Micro Computer, $SMCI, to China, per Bloomberg
SMCIโs stock extends losses to -14% on the day.
$CRWV will be one of the first $NVDA fallout victums!!! The deal maker is now gone! Levels 60.79 57.96 57.02 55.69 53.76 50.89 49.93 46.86(DROP Zone) 43.55 38.53 ๐ง๐ง๐ฅ๐ฅ @WallStreetMav@wallstreetbets@WallStreetApes
No hurry to buy any "dip"!!! The news that will keep trickling out will NOT BE GOOD!! Either company news, data center funding, AI backing, or Congressional Investigations will be good. Expect a rough road for a bit with a BIG lean downward!!! $SMH $QQQ $DIA $MU $NVDA $INTC $MSFT $CRWV $NVDA
Maybe over cautious, but closed several long positions today and went to 50% cash. Closed:
$CMG UP 17%
$GRAB UP 6%
solana:Hg45Qr91T5ekze7Rog4buMU3MbzTMzN7LCnjptbjnYXG UP 28%
$CELH UP 4%
$RKLB UP 6%
$CAT UP 3%
Want to see where this market shakes out with $NVDA $SMH and new congress. $SPY $QQQ have had great bounces, but they look overbought on lower volume, so feel this is just a bounce off Friday's dump. Never a problem having CASH as a large position in uncertain times.
$NVDA CEO is the orchestrator of TRILLIONS of dollars of Data Center Buildout, AI companies, Whitehouse Deals, and is the "guy" that made it all happen. This is NOT just a $NVDA issues, IT IS AN SEMI'S, AI, DATA CENTER issue!! This will hit markets hard IMO!!! @WallStreetMav@wallstreetbets@WallStreetApes