I need a new back!
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Welcome back Fed!
BIDU-Last quarter, BIDU reported earnings that beat estimates by $0.10 – which marked the fourth straight quarter of beating estimates. But nevertheless, shares fell $20.00 in reaction to this news. Today, Baidu is facing competition like it’s never seen before. Search engine Qihoo 360, which launched last August, is really starting to take market share away from BIDU. If this threat is reflected in their earnings, then BIDU could be set for a fall later tonight
BIDU pure speculation play Feb 100 Puts @ 1.76
Sherwin Williams SHW Earnings Jan 31. No position yet. Considering a earnings strangle. Possible shake?
As you probably know, SHW sells paints and coatings to professional, industrial, commercial, and retail customers in North and South America, Europe, and Asia. As you can see, the stock has been setting an impressive series of new 52-week highs leading into their upcoming earnings report. Will this strength continue – or will SHW disappoint? Either way, the stock is setting up for a nice earnings move.
Coinstar CSTR Picked up a few Feb 50 Puts @ 3.60
With resistance at $50.00, CSTR looks ready to drift back down to $46.00.
LVS sold to soon. 52.50 Feb Calls now 2.49 x 2.50 Ouch!
Gave away huge profits.
WYNN comeback up .59.
Usually move in tandem.
LVS moving. Sold 52.50 Calls @ 2.03 .09 profit.
Doctors visit.
WYNN down .60 @ 123.46
Picked up some LVS Feb 52.50 calls @ 1.94
Very quietly, China’s economy is moving back into growth mode. For example, for the first time in two years, China’s economy grew at a 7.9% rate in Q4 – citing a rebound in industrial output, retail sales, and the housing market. If this puts China at the early stages of an economic recovery, then it’ll certainly mean good things for the two biggest China-based resort and casino operators, Wynn (WYNN – NASDAQ) and Las Vegas Sands (LVS – NYSE).
As you can see from the two charts, WYNN is shooting up to new highs while LVS is just starting to bounce. This offers us a great opportunity to move into LVS and play a catch-up effect. If LVS can match the gains of WYNN and break out to new highs, we could have a powerful winner on our hands.
There you go Bob!
KORS nice comeback from this morning. No position.
Was looking @ Ruger RGR @ 11::15 this morning. Feb 50 Calls @ 1.60. No guts. Now 1.85 x 2.00. Can't win them all.
HLF has been a flippers dream!
NFLX stuck at this level. 100 Puts 9.40 x 9.50.
Taking profits from 7.80. Next post this spring. LOL!
NFLX 100 Puts 7.80 @ open. 8.65 x 8.70 now
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83477614
NFLX possible 100 Puts @ open.
With earnings on January 23rd after the close, a series of newly-printed articles on NFLX from Seeking Alpha and Motley Fool are all beating a bearish tone.
Citing a laundry list of negatives – including rising competition from TV and Internet competitors, an “exodus” of subscribers from the higher margin DVD business, losses from their international segment, and even the rumor that Carl Icahn may be selling his shares – it sure looks like a bearish sentiment is now casting doubt into NFLX’s recent upside move. We’ve seen these pre-earnings sell-offs before.
KORS let it go @ 5.10
.90 profit
KORS should of let this one go late yesterday. Down premarket.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83413181
Husband takes the wife to a disco.
There's a guy on the dance floor living it large - break dancing, moon-walking, back flips, the works.
The wife turns to her husband and says:
“See that guy? 25 years ago he proposed to me and I turned him down.”
Husband says:
“Looks like he's still fuckin’ celebrating!!!”
KORS 52.50 Calls 5.10 x 5.30 from 4.20. Still holding
but sliding after hours.
Picked up a few KORS Calls 52.50 @ 4.20
The rapidly-growing high end retailer could see some strong money inflows to begin 2013, so let’s be ready to play the momentum using February calls.
Season ender: Denver Broncos
Happy Holidays John!
Merry Christmas Fed, Zeph, Dave & ZoZo!
Great job keeping the board alive & together.
To YAK, you had a positive influence on a lot of traders here.
Hope the New Year brings you back.
Happy Holidays to all SSS'ers!!!!!
From a full time peeper & part time poster.
ukie
New Orleans please against America's forgotten team.
GMCR keeps on rolling. Hesitate to pick up $41 Calls but 3 minute chart looks good.
"Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent."
"Later on, he even hinted that he would raise capital gains as high as 28%."
http://www.barackobamataxplan.com/investments/
In this article, we’ll discuss Barack Obama’s tax plan as it relates to Capital Gains.
As we’ve said before, Capital Gains Taxes are basically taxes on money you make from selling a non-inventory based asset for an increased price. This applies to non-inventory assets like stocks, bonds, precious metals, and property.
Capital Gains Taxes are also applied to dividends, which are payments made by a corporation to its shareholder members. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend.
So if you own stock in a company that pays dividends, you can be taxed on the income those dividends bring you under the capital gains tax.
Under the Bush Tax Cuts, rates for long term capital gains and dividends are 15% for taxpayers in the top four tax brackets. Taxpayers in the 10% and 15% brackets pay no taxes on long-term capital gains.
John McCain has stated he wants to make those rates permanent.
Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent.
Later on, he even hinted that he would raise capital gains as high as 28%.
Barack Obama’s justification for the high capital gains rate is the economy under Bill Clinton. However, the capital gains rate during the Clinton administration fell from 28 percent at the beginning of his Presidency to 20 percent with the signing of the Taxpayer Relief Act of 1997 in August of that year. Interestingly, the economy managed only two years of growth of 4 percent or more in the decade previous to the 1997 capital gains cut—but notched three straight years of such growth in 1997, 1998, and 1999 after the Capital Gains tax was lowered.
A majority of American households now own stock, either directly or through their IRA, 401k, or union pension fund. Especially senior citizens, 30% of whom use capital gains income for their retirement. An increased capital gains tax means that all Americans will suffer increased tax rates - yet another “hidden” tax raise on all Americans Barack Obama does not publicly discuss.
According to the National Center for Policy Analysis (NCPA), which conducted a study on the economic effects of the Bush Tax Cuts in regards to the Capital Gains tax, President Bush’s investment tax
cuts helped stimulate the economy and increase government revenue, and raising the capital gains tax rate, as Barack Obama is now proposing, would be harmful to the economy at a time when it is once again in need of stimulus.
Faced with a fragile economy early in his presidency, President Bush responded with a series of tax cuts, including reduced taxes on capital gains and dividend income. These measures were designed to stimulate capital investment and produce more jobs. The study notes that the stimulus package had positive effects on the economy and government finances. The economy grew, the government gained revenue and the rich now pay a larger share of taxes than ever. For example:
The rate of business capital investment underwent a U-turn — from negative business investment spending in the two years before the tax cut to an average annual increase of more than 10 percent in the three succeeding years.
In the four years since the cut, federal revenues increased $740 billion and revenues from the capital gains tax nearly doubled to $110 billion.
There was a sizable “unlocking effect” from the lower tax rate, meaning that investors voluntarily sold stock and other assets at a much higher volume once the tax rate was reduced, nearly doubling the amount of capital gains realized.
The study notes that the cuts are scheduled to expire after 2010, increasing the capital gains tax from 15 percent to 20 percent, which is higher than most developed countries. Raising the capital gains tax to a rate of 28 percent or higher, like Barack Obama is suggesting, will place the U.S. at a competitive disadvantage.
The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. If you’d like to read their study for yourself, you can do so here.
If you are someone who wishes to enjoy the economic benefits that come with lower income tax rates, you will want a President who wishes to lower capital gains taxes to stimulate economic growth. If Obama should be elected, you may see a run on selling on Wall Street to try and take advantage of the lower capital gains taxes while they are still in place, which could hurt the market in the short run.
"Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent."
"Later on, he even hinted that he would raise capital gains as high as 28%."
http://www.barackobamataxplan.com/investments/
In this article, we’ll discuss Barack Obama’s tax plan as it relates to Capital Gains.
As we’ve said before, Capital Gains Taxes are basically taxes on money you make from selling a non-inventory based asset for an increased price. This applies to non-inventory assets like stocks, bonds, precious metals, and property.
Capital Gains Taxes are also applied to dividends, which are payments made by a corporation to its shareholder members. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend.
So if you own stock in a company that pays dividends, you can be taxed on the income those dividends bring you under the capital gains tax.
Under the Bush Tax Cuts, rates for long term capital gains and dividends are 15% for taxpayers in the top four tax brackets. Taxpayers in the 10% and 15% brackets pay no taxes on long-term capital gains.
John McCain has stated he wants to make those rates permanent.
Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent.
Later on, he even hinted that he would raise capital gains as high as 28%.
Barack Obama’s justification for the high capital gains rate is the economy under Bill Clinton. However, the capital gains rate during the Clinton administration fell from 28 percent at the beginning of his Presidency to 20 percent with the signing of the Taxpayer Relief Act of 1997 in August of that year. Interestingly, the economy managed only two years of growth of 4 percent or more in the decade previous to the 1997 capital gains cut—but notched three straight years of such growth in 1997, 1998, and 1999 after the Capital Gains tax was lowered.
A majority of American households now own stock, either directly or through their IRA, 401k, or union pension fund. Especially senior citizens, 30% of whom use capital gains income for their retirement. An increased capital gains tax means that all Americans will suffer increased tax rates - yet another “hidden” tax raise on all Americans Barack Obama does not publicly discuss.
According to the National Center for Policy Analysis (NCPA), which conducted a study on the economic effects of the Bush Tax Cuts in regards to the Capital Gains tax, President Bush’s investment tax
cuts helped stimulate the economy and increase government revenue, and raising the capital gains tax rate, as Barack Obama is now proposing, would be harmful to the economy at a time when it is once again in need of stimulus.
Faced with a fragile economy early in his presidency, President Bush responded with a series of tax cuts, including reduced taxes on capital gains and dividend income. These measures were designed to stimulate capital investment and produce more jobs. The study notes that the stimulus package had positive effects on the economy and government finances. The economy grew, the government gained revenue and the rich now pay a larger share of taxes than ever. For example:
The rate of business capital investment underwent a U-turn — from negative business investment spending in the two years before the tax cut to an average annual increase of more than 10 percent in the three succeeding years.
In the four years since the cut, federal revenues increased $740 billion and revenues from the capital gains tax nearly doubled to $110 billion.
There was a sizable “unlocking effect” from the lower tax rate, meaning that investors voluntarily sold stock and other assets at a much higher volume once the tax rate was reduced, nearly doubling the amount of capital gains realized.
The study notes that the cuts are scheduled to expire after 2010, increasing the capital gains tax from 15 percent to 20 percent, which is higher than most developed countries. Raising the capital gains tax to a rate of 28 percent or higher, like Barack Obama is suggesting, will place the U.S. at a competitive disadvantage.
The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. If you’d like to read their study for yourself, you can do so here.
If you are someone who wishes to enjoy the economic benefits that come with lower income tax rates, you will want a President who wishes to lower capital gains taxes to stimulate economic growth. If Obama should be elected, you may see a run on selling on Wall Street to try and take advantage of the lower capital gains taxes while they are still in place, which could hurt the market in the short run.
"Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent."
"Later on, he even hinted that he would raise capital gains as high as 28%."
http://www.barackobamataxplan.com/investments/
In this article, we’ll discuss Barack Obama’s tax plan as it relates to Capital Gains.
As we’ve said before, Capital Gains Taxes are basically taxes on money you make from selling a non-inventory based asset for an increased price. This applies to non-inventory assets like stocks, bonds, precious metals, and property.
Capital Gains Taxes are also applied to dividends, which are payments made by a corporation to its shareholder members. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend.
So if you own stock in a company that pays dividends, you can be taxed on the income those dividends bring you under the capital gains tax.
Under the Bush Tax Cuts, rates for long term capital gains and dividends are 15% for taxpayers in the top four tax brackets. Taxpayers in the 10% and 15% brackets pay no taxes on long-term capital gains.
John McCain has stated he wants to make those rates permanent.
Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent.
Later on, he even hinted that he would raise capital gains as high as 28%.
Barack Obama’s justification for the high capital gains rate is the economy under Bill Clinton. However, the capital gains rate during the Clinton administration fell from 28 percent at the beginning of his Presidency to 20 percent with the signing of the Taxpayer Relief Act of 1997 in August of that year. Interestingly, the economy managed only two years of growth of 4 percent or more in the decade previous to the 1997 capital gains cut—but notched three straight years of such growth in 1997, 1998, and 1999 after the Capital Gains tax was lowered.
A majority of American households now own stock, either directly or through their IRA, 401k, or union pension fund. Especially senior citizens, 30% of whom use capital gains income for their retirement. An increased capital gains tax means that all Americans will suffer increased tax rates - yet another “hidden” tax raise on all Americans Barack Obama does not publicly discuss.
According to the National Center for Policy Analysis (NCPA), which conducted a study on the economic effects of the Bush Tax Cuts in regards to the Capital Gains tax, President Bush’s investment tax
cuts helped stimulate the economy and increase government revenue, and raising the capital gains tax rate, as Barack Obama is now proposing, would be harmful to the economy at a time when it is once again in need of stimulus.
Faced with a fragile economy early in his presidency, President Bush responded with a series of tax cuts, including reduced taxes on capital gains and dividend income. These measures were designed to stimulate capital investment and produce more jobs. The study notes that the stimulus package had positive effects on the economy and government finances. The economy grew, the government gained revenue and the rich now pay a larger share of taxes than ever. For example:
The rate of business capital investment underwent a U-turn — from negative business investment spending in the two years before the tax cut to an average annual increase of more than 10 percent in the three succeeding years.
In the four years since the cut, federal revenues increased $740 billion and revenues from the capital gains tax nearly doubled to $110 billion.
There was a sizable “unlocking effect” from the lower tax rate, meaning that investors voluntarily sold stock and other assets at a much higher volume once the tax rate was reduced, nearly doubling the amount of capital gains realized.
The study notes that the cuts are scheduled to expire after 2010, increasing the capital gains tax from 15 percent to 20 percent, which is higher than most developed countries. Raising the capital gains tax to a rate of 28 percent or higher, like Barack Obama is suggesting, will place the U.S. at a competitive disadvantage.
The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. If you’d like to read their study for yourself, you can do so here.
If you are someone who wishes to enjoy the economic benefits that come with lower income tax rates, you will want a President who wishes to lower capital gains taxes to stimulate economic growth. If Obama should be elected, you may see a run on selling on Wall Street to try and take advantage of the lower capital gains taxes while they are still in place, which could hurt the market in the short run.
"Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent."
"Later on, he even hinted that he would raise capital gains as high as 28%."
http://www.barackobamataxplan.com/investments/
In this article, we’ll discuss Barack Obama’s tax plan as it relates to Capital Gains.
As we’ve said before, Capital Gains Taxes are basically taxes on money you make from selling a non-inventory based asset for an increased price. This applies to non-inventory assets like stocks, bonds, precious metals, and property.
Capital Gains Taxes are also applied to dividends, which are payments made by a corporation to its shareholder members. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend.
So if you own stock in a company that pays dividends, you can be taxed on the income those dividends bring you under the capital gains tax.
Under the Bush Tax Cuts, rates for long term capital gains and dividends are 15% for taxpayers in the top four tax brackets. Taxpayers in the 10% and 15% brackets pay no taxes on long-term capital gains.
John McCain has stated he wants to make those rates permanent.
Barack Obama wants to raise capital gains taxes to a rate of 20%. He even stated on CNBC that he would consider raising capital gains up to 25% percent.
Later on, he even hinted that he would raise capital gains as high as 28%.
Barack Obama’s justification for the high capital gains rate is the economy under Bill Clinton. However, the capital gains rate during the Clinton administration fell from 28 percent at the beginning of his Presidency to 20 percent with the signing of the Taxpayer Relief Act of 1997 in August of that year. Interestingly, the economy managed only two years of growth of 4 percent or more in the decade previous to the 1997 capital gains cut—but notched three straight years of such growth in 1997, 1998, and 1999 after the Capital Gains tax was lowered.
A majority of American households now own stock, either directly or through their IRA, 401k, or union pension fund. Especially senior citizens, 30% of whom use capital gains income for their retirement. An increased capital gains tax means that all Americans will suffer increased tax rates - yet another “hidden” tax raise on all Americans Barack Obama does not publicly discuss.
According to the National Center for Policy Analysis (NCPA), which conducted a study on the economic effects of the Bush Tax Cuts in regards to the Capital Gains tax, President Bush’s investment tax
cuts helped stimulate the economy and increase government revenue, and raising the capital gains tax rate, as Barack Obama is now proposing, would be harmful to the economy at a time when it is once again in need of stimulus.
Faced with a fragile economy early in his presidency, President Bush responded with a series of tax cuts, including reduced taxes on capital gains and dividend income. These measures were designed to stimulate capital investment and produce more jobs. The study notes that the stimulus package had positive effects on the economy and government finances. The economy grew, the government gained revenue and the rich now pay a larger share of taxes than ever. For example:
The rate of business capital investment underwent a U-turn — from negative business investment spending in the two years before the tax cut to an average annual increase of more than 10 percent in the three succeeding years.
In the four years since the cut, federal revenues increased $740 billion and revenues from the capital gains tax nearly doubled to $110 billion.
There was a sizable “unlocking effect” from the lower tax rate, meaning that investors voluntarily sold stock and other assets at a much higher volume once the tax rate was reduced, nearly doubling the amount of capital gains realized.
The study notes that the cuts are scheduled to expire after 2010, increasing the capital gains tax from 15 percent to 20 percent, which is higher than most developed countries. Raising the capital gains tax to a rate of 28 percent or higher, like Barack Obama is suggesting, will place the U.S. at a competitive disadvantage.
The NCPA is an internationally known nonprofit, nonpartisan research institute with offices in Dallas and Washington, D. C. that advocates private solutions to public policy problems. If you’d like to read their study for yourself, you can do so here.
If you are someone who wishes to enjoy the economic benefits that come with lower income tax rates, you will want a President who wishes to lower capital gains taxes to stimulate economic growth. If Obama should be elected, you may see a run on selling on Wall Street to try and take advantage of the lower capital gains taxes while they are still in place, which could hurt the market in the short run.
Tech, any numbers on the short term capital gains tax for 2013?
I heard a # that was part of Obama Care & it blew my mind.
San Diego. Thanks John.
People will simply leave to work force & stop looking for jobs.
That in itself will drop the unemployment rate. Then what?
Ben's "Press" conference 1415.
no pun intended, I'm sure. LOL!
Wake up! LULU Jan. 75 Calls 3.40 x 3.50 from 3.20.
Picked up some LULU Jan 75 Calls.
Surprised it bouned off $72.00 level.
Looking @ GMCR & LNKD as possible call plays @ the bell.
Yesterdays mistake might pay off.
Bought GMCR 39.5 weekly calls instead of monthly.
Still might nail the monthly @ open.
AAPL down $7.27 premarket
Any thoughts on LULU this morning?
tampa bay