1. #8646
    dlowilly
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    Pretty funny watching the DOW change with the current odds on Perdue

  2. #8647
    Madison
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    Quote Originally Posted by dlowilly View Post
    First day of the new year so just some profit taking?

    Awful start today
    Don't understand. Why if you were going to take profit , with change of policy makers , wouldn't you have done it late 2020?

  3. #8648
    d2bets
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    Quote Originally Posted by Madison View Post
    Don't understand. Why if you were going to take profit , with change of policy makers , wouldn't you have done it late 2020?
    Even if they pass a tax bill, it would be later in 2021 with changes taking effect in 2022. Won't be retroactive.

  4. #8649
    Madison
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    Quote Originally Posted by RoyBacon View Post
    No. It's appearing like Dems will win the two seats in GA.
    More worried about this..

  5. #8650
    dlowilly
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    Quote Originally Posted by Madison View Post
    Don't understand. Why if you were going to take profit , with change of policy makers , wouldn't you have done it late 2020?
    I said that before I saw what was going on in Georgia

    Was just grasping at something to explain it

    Normally if you already have short term gains in 2020 taxed at your marginal tax rate it would make sense to split it up into two different years if possible.

  6. #8651
    packerd_00
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    Have you fellas heard of a company in Canada called Husky Energy?

  7. #8652
    dlowilly
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    Quote Originally Posted by packerd_00 View Post
    Have you fellas heard of a company in Canada called Husky Energy?
    Sounds like the name of a big booty stripper...couldn't resist

  8. #8653
    Madison
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    Quote Originally Posted by dlowilly View Post
    I said that before I saw what was going on in Georgia

    Was just grasping at something to explain it

    Normally if you already have short term gains in 2020 taxed at your marginal tax rate it would make sense to split it up into two different years if possible.
    I took my IRA distribution (1099) 1/1. Let the FEDS wait 15 months to get my taxation.

  9. #8654
    Madison
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    Quote Originally Posted by dlowilly View Post
    I said that before I saw what was going on in Georgia

    Was just grasping at something to explain it

    Normally if you already have short term gains in 2020 taxed at your marginal tax rate it would make sense to split it up into two different years if possible.
    Yeah, I'm trading my IRA so hopefully long/short gains will not affect me.

  10. #8655
    dlowilly
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    Quote Originally Posted by Madison View Post
    I took my IRA distribution (1099) 1/1. Let the FEDS wait 15 months to get my taxation.
    It wasn't withheld? If you have a sizable liability at the end of the year they will get you with penalties and interest.

  11. #8656
    Madison
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    Quote Originally Posted by packerd_00 View Post
    Have you fellas heard of a company in Canada called Husky Energy?
    Symbol/ further info?

  12. #8657
    Madison
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    Quote Originally Posted by dlowilly View Post
    It wasn't withheld? If you have a sizable liability at the end of the year they will get you with penalties and interest.
    No, took no taxation. Retired and income below norms. Pls inform if you know more.

  13. #8658
    Madison
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    Quote Originally Posted by d2bets View Post
    Even if they pass a tax bill, it would be later in 2021 with changes taking effect in 2022. Won't be retroactive.
    Understood, but still a gamble, no? Why not take what you know today, versus what may happen when??

  14. #8659
    RoyBacon
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    Personally, I think Repubs will win both of those senate seats and we will get a relieve rally.

    But if Dems win things could get pretty darn ugly. Not so much with policy. I'm worried about market psychology and a stampede towards the door. Like we saw in March.

  15. #8660
    CanuckG
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    NGA is groovin

  16. #8661
    Madison
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    Quote Originally Posted by RoyBacon View Post
    Personally, I think Repubs will win both of those senate seats and we will get a relieve rally.

    But if Dems win things could get pretty darn ugly. Not so much with policy. I'm worried about market psychology and a stampede towards the door. Like we saw in March.
    Hummm, Limited knowledge of politics , but sentiment seems (poorer Dems?) want MORE $$ for nothing. See Pelosi and other's , what's his name , defacement of their homes.

  17. #8662
    packerd_00
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    Quote Originally Posted by Madison View Post
    Symbol/ further info?
    HSE

    Their a Calgary based oil company, just merged this week. I was hanging onto them for quite along time because their price had dropped so drastically. Wondered if someone else had any knowledge of them.

  18. #8663
    packerd_00
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    Quote Originally Posted by dlowilly View Post
    Sounds like the name of a big booty stripper...couldn't resist
    All good mate lol!

  19. #8664
    RoyBacon
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    Quote Originally Posted by Madison View Post
    Hummm, Limited knowledge of politics , but sentiment seems (poorer Dems?) want MORE $$ for nothing. See Pelosi and other's , what's his name , defacement of their homes.
    Dems have said they want to raise business taxes from 21% back to 35%. You will have to revalue stocks if nearly half their bottom line is taken in taxes. Just as we did to the upside when rates were cut.

    I don't think Dems will win. But if they do it's possible it could get ugly.

  20. #8665
    dlowilly
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    Quote Originally Posted by Madison View Post
    No, took no taxation. Retired and income below norms. Pls inform if you know more.
    ok you should be fine then

  21. #8666
    CanuckG
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    NGA rocketing after hours too

  22. #8667
    chico2663
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    Quote Originally Posted by CanuckG View Post
    NGA rocketing after hours too
    Got some at 15.51 a share. Another spac dealing with ev
    Last edited by chico2663; 01-05-21 at 12:12 AM.

  23. #8668
    chico2663
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    Good entry back into fubo. It is a 70 stock by end of 2022.

  24. #8669
    Madison
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    Quote Originally Posted by packerd_00 View Post
    HSE

    Their a Calgary based oil company, just merged this week. I was hanging onto them for quite along time because their price had dropped so drastically. Wondered if someone else had any knowledge of them.
    Coul'nd find anything on Yahoo??

  25. #8670
    Madison
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    Does the market know something about GEO we don't nown't?

  26. #8671
    chico2663
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    Quote Originally Posted by packerd_00 View Post
    Have you fellas heard of a company in Canada called Husky Energy?

    ticker is huskf


    https://seekingalpha.com/news/364464...ok-merger-deal

  27. #8672
    chico2663
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    i threw 150 on it

  28. #8673
    packerd_00
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    Quote Originally Posted by Madison View Post
    Coul'nd find anything on Yahoo??
    https://ca.finance.yahoo.com/quote/H....tsrc=fin-srch

  29. #8674
    packerd_00
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    Quote Originally Posted by chico2663 View Post
    Its always been HSE since I've used the Toronto Stock Exchange.

  30. #8675
    Enkhbat
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    Everything is exploding apparently. What are you guys expecting? More stimulus and money printing

  31. #8676
    Madison
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    Quote Originally Posted by RoyBacon View Post
    Personally, I think Repubs will win both of those senate seats and we will get a relieve rally.

    But if Dems win things could get pretty darn ugly. Not so much with policy. I'm worried about market psychology and a stampede towards the door. Like we saw in March.
    I'm with you but the opposite appears to be happening and I don't quite get it??

  32. #8677
    Madison
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    Quote Originally Posted by Enkhbat View Post
    Everything is exploding apparently. What are you guys expecting? More stimulus and money printing
    IMHO ... YES. We could open another thread regarding the national debt and where this is going to lead us. GDP vs Debt is worrisome.

  33. #8678
    Shafted69
    Green Shoots 2021
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    Goldung Sacks is predicting another 600B stimulus now that DEMS control Senate. Market will continue to melt up.

  34. #8679
    vitterd
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    Quote Originally Posted by RoyBacon View Post
    Personally, I think Repubs will win both of those senate seats and we will get a relieve rally.

    But if Dems win things could get pretty darn ugly. Not so much with policy. I'm worried about market psychology and a stampede towards the door. Like we saw in March.
    Jesus this guy can’t get anything right

  35. #8680
    allabout the $$$
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    Quote Originally Posted by vitterd View Post
    Jesus this guy can’t get anything right
    stfu and go back to the useless part of the forum

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