Interim Market Nov 9, 2021

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SOL
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Interim Market Nov 9, 2021

Post by SOL »

Extracted from the Trend blazer service.

We believe that the markets are setting up for a substantial correction next year, as almost every asset class has soared in value. A strong stock market correction should, in theory, push the housing market lower. As the housing market is not liquid, one might be in a position to score some decent deals. So if anyone is looking to purchase a house, that might be a good time to consider doing so.

We suspect the markets will shed a minimum of 18% and possibly as much as 27% before a multi-month bottom takes hold. The Fed will be behind this correction. They need a substantial correction so that they con the masses again. They can pull an “oops, I did it again Britney Spears move”. The Fed’s mission now is to keep printing money forever. We are in the forever QE mode. They will use all sorts of tricks to achieve this. One will be via the IRS, where they give people money back to help them with various needs. Eventually, this will morph into universal income, which, believe it or not, will be the ultimate in terms of QE. Ultimate because most individuals will never consider that free handouts equate to QE.


Given that both the MACD’s and the RSI are consolidating, the markets are holding up remarkably well. This suggests that the odds of the Dow test and surpassing the 37K ranges are pretty high over the next few months. TBS Update, Oct 26, 2021


The MACD’s are in the process of completing a bullish crossover. Once the crossover is complete, DOW 37.5K is virtually set in stone. The odds of the Dow trading all the way to 39K will rise to 65% if the Dow can trade above 38K for 3 days in a row. All in all, the Dow has the potential to surge to 39K by Q1 of 2022.

Additional comments.

If the markets follow the projected path and shed a large dose of steam and you have been with us for more than 6 months, Don't even dare to panic, for this will prove to be a monumental buying opportunity. End of story
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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Re: Interim Market Nov 9, 2021

Post by Cinnamon »

Gone are the days when I used to Panic and I was one of the herd. Now I look forward to corrections as I finally understand they represent buying opportunities. This is such a simple lesson yet it was so hard to understand until I joined TI.
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Market update Nov 11, 2021. Fantastic and disturbing

Post by deepthinker »

SOL I love the way you and your team work. You guys lay out things in a real no bullshit format. The latest update was great and the new logos were fantastic. Look forward to expanding my knowledge
loczkins
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Re: Interim Market Nov 9, 2021

Post by loczkins »

Sol,
does 'end-of-year tax optimization' (selling losing stocks and re-buying them early next year) have any use in TI actions? you mentioned in the latest release that there can be general selling signals (assume also for loosing positions) so this could be addressed anyways but still wanted to ask if this is smth you use to optimise P&L or it's rather bs.

thanks in advance
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SOL
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Re: Interim Market Nov 9, 2021

Post by SOL »

loczkins wrote: Sun Nov 14, 2021 3:08 pm Sol,
does 'end-of-year tax optimization' (selling losing stocks and re-buying them early next year) have any use in TI actions? you mentioned in the latest release that there can be general selling signals (assume also for loosing positions) so this could be addressed anyways but still wanted to ask if this is smth you use to optimise P&L or it's rather bs.

thanks in advance
Selling a position that is showing losses and getting in again is a good way to lower your taxes. Astute players, mutual funds etc all employ this trick. However, this is something each individual has to decide for themselves.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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SOL
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Re: Interim Market Nov 9, 2021

Post by SOL »

loczkins wrote: Sun Nov 14, 2021 3:08 pm Sol,
does 'end-of-year tax optimization' (selling losing stocks and re-buying them early next year) have any use in TI actions? you mentioned in the latest release that there can be general selling signals (assume also for loosing positions) so this could be addressed anyways but still wanted to ask if this is smth you use to optimise P&L or it's rather bs.

thanks in advance
Selling a position that is showing losses and getting in again is a good way to lower your taxes. Astute players, mutual funds etc all employ this trick. However, this is something each individual has to decide for themselves.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
Centeron631
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Re: Interim Market Nov 9, 2021 TAX LOSS HARVESTING

Post by Centeron631 »

SOL wrote: Sun Nov 14, 2021 3:34 pm
loczkins wrote: Sun Nov 14, 2021 3:08 pm Sol,
does 'end-of-year tax optimization' (selling losing stocks and re-buying them early next year) have any use in TI actions? you mentioned in the latest release that there can be general selling signals (assume also for loosing positions) so this could be addressed anyways but still wanted to ask if this is smth you use to optimise P&L or it's rather bs.

thanks in advance
Selling a position that is showing losses and getting in again is a good way to lower your taxes. Astute players, mutual funds etc all employ this trick. However, this is something each individual has to decide for themselves.
Soo Sol ou al are there any of our stocks that are in fairly hi loss positions that appear good for tax loss harvesting BUT are on the verge according to the charts sentiment etc almost ready for a comeback such that one cannot afford to be out of them for 31 days?
be in/do the PRESENT = Live the MIRACLE = infinity; there is no more, Why not now?... The Law of Mirrors. I'd go insane if I didn't act crazy
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SOL
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Re: Interim Market Nov 9, 2021 TAX LOSS HARVESTING

Post by SOL »

Centeron631 wrote: Mon Dec 13, 2021 11:37 pm
SOL wrote: Sun Nov 14, 2021 3:34 pm
loczkins wrote: Sun Nov 14, 2021 3:08 pm Sol,
does 'end-of-year tax optimization' (selling losing stocks and re-buying them early next year) have any use in TI actions? you mentioned in the latest release that there can be general selling signals (assume also for loosing positions) so this could be addressed anyways but still wanted to ask if this is smth you use to optimise P&L or it's rather bs.

thanks in advance
Selling a position that is showing losses and getting in again is a good way to lower your taxes. Astute players, mutual funds etc all employ this trick. However, this is something each individual has to decide for themselves.
Soo Sol ou al are there any of our stocks that are in fairly hi loss positions that appear good for tax loss harvesting BUT are on the verge according to the charts sentiment etc almost ready for a comeback such that one cannot afford to be out of them for 31 days?
That is a hard question to answer, with today's market where there are almost no free forces at play it is hard to determine what an individual stock will do. In the past when the indices soared, good stocks soared with them. now we have some dissonance

One option and would be to look for an ETF that somewhat mimics the stocks one is invested in. Another option would be for one to look for ETF's that trend with the general markets and then use the proceeds from the sale of the stocks to purchase these ETF's. The wash rule is a terrible rule designed to screw the small investor. They could have made an amendment stating that any investor with less than 1-2 million dollars in the market is not bound by that rule. It is the really big whales that abused this strategy and brought that rule into play.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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