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24,828,655 Views | 233501 Replies | Last: 2 hrs ago by giddings_ag_06
irish pete ag06
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In reply to Mostly Foggy Recollection • 1:39p, 4/22/21
AG
Mostly Foggy Recollection said:
Panama, looking more attractive by the day.
Rural Chile would be mine.
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mazag08
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In reply to One time at Banned Camp • 1:40p, 4/22/21
AG
Banister AG said:
Brian Earl Spilner said:
$30,000 Millionaire said:
this is overdone. it's proposed, not taken up by congress, and not voted on. Also no determination of when it would take effect.

Just SOH and let this play out.
Exacty. Sigh.
You're on the record for supporting Biden and wanting "unity" after the election. You were blinded by ideology and you, as well as us all, will pay for your mistake.

You're investing in the market so you not ignorant, perhaps you need to reevaluate your priorities. Stop being a pawn.
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ag94whoop
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In reply to HoustonAg2014 • 1:40p, 4/22/21
AG
Aggiesincebirth said:
Can someone explain because I am missing something.

Was this 43% on long-term capital gains?
yes. increasing from 20% to over 40%

basically there would no longer be long term cap gains....all gains taxed at income rates

this is about more than stock portfolios....it would suck for family farms and companies
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FJ43
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In reply to Aggie_2463 • 1:40p, 4/22/21
Aggie_2463 said:
Anyone still trading REI?

$1.92
I sold when it lost $2.04 on Monday. Want to see if I can buy back at 1.83ish. If it pivots here and the stars line up I will reenter.
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La Bamba
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1:41p, 4/22/21
AG
Hopefully the flush was based on algo headline trading and now the market will call president houseplants bluff
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Mostly Foggy Recollection
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1:42p, 4/22/21
No one with a straight face can say this administration is:

A) Pro business
B) Pro middle class
C) pro sanity
D) about unification
E) for a strong America


They are run by the trash of our global elites.
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Red Red Wine
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In reply to $30,000 Millionaire • 1:43p, 4/22/21
AG
Sorry should have placed "FAIR share" in quotes. It was meant as both sarcasm and a poke at them that folks will find a way to make money in more efficient ways than paying 40% in capital gains taxes, but hey, I'm glad you make a mill a year, could I have a loan?
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D2F1D0
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In reply to $30,000 Millionaire • 1:43p, 4/22/21
AG
This! This! And more of this!
I was ticked. Vented to TexAgs, but didn't touch the account outside of letting stops stop. Immediately looked hourly or daily changes. Found little or none, so its about reentry at cheaper prices.

Also, lunch breaks helped!
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Kampfers
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In reply to FTAG 2000 • 1:44p, 4/22/21
AG
AG 2000' said:
Kampfers said:
PWestAg18 said:
Do these proposed capital gains taxes apply to housing as well?

If so then great job "making the wealthy pay their fair share" then taxing the ever loving **** out of middle class America's largest asset.


I mean, I hardly am a proponent of the tax increase. But it's incredibly disingenuous to act like this is taxing the ever loving **** out of the middle class. If you have capital gains of more than 1 mill per year (good for you, btw!), you ain't middle class
That's just the headline.

Read the full proposal - he wants cap gains for everyone to go to their tax bracket rates.

This would hit anyone who invests pretty hard.


Everything I have read states that equalizing the cap gains to tax bracket is only for individuals earning over 1mm

I have tried looking for the full proposal but it doesn't seem to have been released yet. If I'm wrong, please link me to the text of the proposal.
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fightintxag13
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1:44p, 4/22/21
AG
I enjoy talking politics as much as anyone guys, and I'm pissed about the Biden tax plan as much as most you her. However, can we please stop posting the political stuff here? Go to forum 16 if you want to talk about that. You're cluttering this thread.
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TecRecAg
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In reply to fightintxag13 • 1:46p, 4/22/21
AG
While I do tend to agree with you, a lot of those political decisions influence the market. Much like a virus outbreak does...
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In reply to fightintxag13 • 1:46p, 4/22/21
Red Red Wine
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In reply to TecRecAg • 1:47p, 4/22/21
AG
This


And that!
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Jet Black
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1:48p, 4/22/21
So is the yellen Bitcoin tax quote bs?
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Agvet12
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1:48p, 4/22/21
AG
Can Biden announce the war yet? PLTR could use a bump after the capital gains tax news lol
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BrokeAssAggie
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1:49p, 4/22/21
I wish Biden would just go ahead an announce the CLOV government contract.
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fightintxag13
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In reply to TecRecAg • 1:49p, 4/22/21
AG
TecRecAg said:
While I do tend to agree with you, a lot of those political decisions influence the market. Much like a virus outbreak does...
Posting tweets with the actual news is relevant to this thread. Everyone's posts literally just *****ing about the actual news are not.
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Mostly Foggy Recollection
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In reply to fightintxag13 • 1:49p, 4/22/21
Market outcomes happen vis a vis legislation like this.
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sts7049
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In reply to [removed post] • 1:49p, 4/22/21
AG
yes there is an obvious impact, however the majority of these posts are still just political ranting and don't belong here.
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FJ43
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In reply to Jet Black • 1:49p, 4/22/21
Jet Black said:
So is the yellen Bitcoin tax quote bs?
Think it was a random tweet not from Yellen or a credible source..
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McInnis 03
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In reply to BrokeAssAggie • 1:50p, 4/22/21
AG
CrazyRichAggie said:
I wish Biden would just go ahead an announce the CLOV government contract.
POWERED BY PALANTIR
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FJ43
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1:50p, 4/22/21

Did anyone make a buck through that little hiccup?
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BrokeAssAggie
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In reply to McInnis 03 • 1:51p, 4/22/21
McInnis 03 said:
CrazyRichAggie said:
I wish Biden would just go ahead an announce the CLOV government contract.
POWERED BY PALANTIR
Yes!
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Agvet12
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In reply to McInnis 03 • 1:51p, 4/22/21
AG
McInnis 03 said:
CrazyRichAggie said:
I wish Biden would just go ahead an announce the CLOV government contract.
POWERED BY PALANTIR


Insert training day boooom gif lol
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FJ43
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In reply to Mostly Foggy Recollection • 1:51p, 4/22/21
VIX
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mazag08
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1:52p, 4/22/21
AG
EW Update

Quote:
I cannot stress this enough, but people still question the efficacy of this proposition. I can no longer count how many times the market is set up to pullback or start an imminent rally, and we have a news event announced which catalyzes the move. So, to reiterate, I do not view this drop as being "caused" by the news, as the market was already topping out in a 5-wave structure off yesterday's low. Rather, the news catalyzed a pullback that was to be expected.
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mazag08
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In reply to FJ43 • 1:53p, 4/22/21
AG
FJ43 said:

Did anyone make a buck through that little hiccup?
Sold my calls for profit halfway down and re-bought after bottom confirmation for same timelines.
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Irish 2.0
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1:55p, 4/22/21
As ****ty as this sell was, my key takeaway is that we held yesterday's low on the QQQ. If it can reclaim 336.20, it can see 337.20 by close IMO
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D2F1D0
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In reply to Mostly Foggy Recollection • 1:56p, 4/22/21
AG
I fancy Belize.
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Farmer @ Johnsongrass, TX
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In reply to mazag08 • 1:58p, 4/22/21
mazag08 said:
EW Update

Quote:
I cannot stress this enough, but people still question the efficacy of this proposition. I can no longer count how many times the market is set up to pullback or start an imminent rally, and we have a news event announced which catalyzes the move. So, to reiterate, I do not view this drop as being "caused" by the news, as the market was already topping out in a 5-wave structure off yesterday's low. Rather, the news catalyzed a pullback that was to be expected.
I'm still thinking Tesla $780 before close of business tomorrow.
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FTAG 2000
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In reply to mazag08 • 2:00p, 4/22/21
AG
mazag08 said:
EW Update

Quote:
I cannot stress this enough, but people still question the efficacy of this proposition. I can no longer count how many times the market is set up to pullback or start an imminent rally, and we have a news event announced which catalyzes the move. So, to reiterate, I do not view this drop as being "caused" by the news, as the market was already topping out in a 5-wave structure off yesterday's low. Rather, the news catalyzed a pullback that was to be expected.
Can you post the overall summary on this?

Nearing the top or something right?
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In reply to GigEmRangers75455 • 2:00p, 4/22/21
TecRecAg
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In reply to fightintxag13 • 2:00p, 4/22/21
AG
That's the "While I tend to agree with you" portion of my comment
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Brewmaster
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In reply to FJ43 • 2:00p, 4/22/21
AG
FJ43 said:

Did anyone make a buck through that little hiccup?
made a few on UVXY 4.5C, but played it very small, small hedge. I'm playing the bounce though, added to SPY, FUBO, NIO. I bet VIX is done for now, at least until mid or late next week.
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irish pete ag06
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In reply to mazag08 • 2:01p, 4/22/21
AG
mazag08 said:
FJ43 said:

Did anyone make a buck through that little hiccup?
Sold my calls for profit halfway down and re-bought after bottom confirmation for same timelines.
I've mentioned before that I'm a coach. This crap always happens during our athletic period when I'm in the weight room and on the field with the kids. Come in from it and go to lunch and say cuss words when I open my computer

I nearly sold some of my calls right before athletics started with the idea that I could re-enter after if the trend had held.
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