BREAKING: President Trump's capital gains tax cut discussions include "indexing" capital gains for inflation BEFORE taxes are calculated.
This would mean that taxes would be applied on gains adjusted for inflation.
For example, if you purchased a stock for $100,000 and sold it 5 years later for $200,000.
Under the current system, you would owe capital gains taxes on the full $100,000 gain.
But, if cumulative inflation over those 5 years was 20%, your inflation-adjusted cost basis would rise to $120,000.
This means you would only owe capital gains taxes on the $80,000 REAL gain, rather than the $100,000 nominal gain.
Trump has also suggested exemptions for sales of homes worth $2 million or less from capital gains taxes.
We expect more details soon.
@Han_Akamatsu I started sharing my analysis and tickers to buy with a friend of mine. Usually what I'm buying is different from what I say him to buy. AND EVERY SINGLE TIME his tickers 🚀🚀 the next day and mine drop like -10% -15% at the same time.
I'll become a Sith this way 👿👿
@Gubloinvestor I'm going through something like this as I bought SIVE at 0.8$ and sold it around 0.95$. I'm not sure I'm happy with the experience but it definitely changed my approach to investing as compared to my previous way of thinking
This is gonna upset a lot of people:
But TA is astrology for traders.
It's confirmation bias + trading human psychology about entries.
Kinda like how people frontran $SPCE from $SPCX IPO expecting retail to mess up tickers by trading psychology.
$SIVE didn't go up 1900% because of the golden cross space comet firebreathing dragon candle that someone is trying to sell for $499.
It's because markets are pricing in future revenue from $JBL, $GFS that got announced.
$AXTI didn't go up 8000% because the golden waterfall candle alert sounded back at $8.
it's because of InP substrate, game theory on ASP hikes, export controls, photonics demand, and others.
If you want to figure out psychologically what other regards are believing, you use TA.
But for determining the actual upside... nah
People have been drawing $120+ TAs on $IREN for the past idk how many months none of that crap matters when there's a $6B ATM that needs to be bought through first.
It's by theme (eg. $LITE to $AAOI relations), any news catalysts that affect forward revenue, projections, macro news, earnings, float dynamics, and so on.
Then you can just derive what MC that company should be at.
So for entry points, sure you can use TA.
For determining where the stock heads, just throw the tyrannosaurs rex omega-green candle indicator out the window.