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Sanrith Descartes

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It's huge even though 6.4% is a "disappointment"... futures aren't seeing it that way, although they may have not reacted to this at all, I haven't been paying attention to overnight.
Futures are reacting to Janet Powell and the Fed.
 

Sanrith Descartes

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Sold the FB in my mom's account at the opening spike. 30% profit in about 6 weeks was too tasty to deny.
 
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Sanrith Descartes

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Anyone seen a rally running around here? I had it about 30 minutes ago but it seems to have disappeared.
 

LachiusTZ

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Anyone seen a rally running around here? I had it about 30 minutes ago but it seems to have disappeared.

Lol, that's a daily thing for me.

Markets open, up!
30 minutes later, red as fuck!

Every day for months.

A smarter man would sell at 8:30 and buy back in that afternoon.
 
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Sanrith Descartes

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NOC touching a 52-high.

Of note: $10 billion is Space related revenue.

Northrop Grumman Has Space To Grow -- Market Talk
DOW JONES & COMPANY, INC. 10:14 AM ET 4/29/2021
Symbol Last Price Change
NOC 351.27down +12.9 (+3.8124%)
QUOTES AS OF 10:15:11 AM ET 04/29/2021
10:14 ET - Northrop Grumman's(NOC) space unit sales soared 30% in 1Q and it's set to be a $10B business this year through a combination of defense and commercial work. On top of its refreshing the US nuclear triad, the company is pioneering in- orbit satellite repair and building the HALO lunar outpost intended to host astronauts transiting to and from the moon. Shares up 4% after 1Q beat and raise, with Northrop also the latest defense contractor to expand its buyback plans. ([email protected];
 

Sanrith Descartes

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Hmm markets wait about 2.5 hours after AAPL reports earnings to start tanking. Its as if, this was all predicted.
 
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billymain

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dont sleep on OCGN its not done either. EUA submission is imminent and approval is a near lock. John Paul Gabriel was hired as Senior VP of manufacturing and supply and is very ambitious in the team hes building. they recently secured $100m through a direct offering to healthcare focused institutional investors that was scooped up very quickly.
and was just recently endorsed by lord savior fauci , as well as an article in the new york times.
1619723126358.png
 

Borzak

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Ouch, Ford said they expect to lose 50% of Q2 production due to chip shortage. Shits about to get much worse.
 
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Sanrith Descartes

Veteran of a thousand threadban wars
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Ouch, Ford said they expect to lose 50% of Q2 production due to chip shortage. Shits about to get much worse.
If only someone had told all these elected fucks that restarting a shutdown economy isn't just flipping a switch... oh, wait.
 
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TheBeagle

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Or maybe some intelligent vehicle manufacturer could retool a bit and go back to making simple, affordable cars and trucks that will get you from point A to point B without 3 fucking computers installed. It's like 60's/70's era technology might as well be advanced alien tech that's undecipherable by humans. They could still integrate all the improvements in safety, emmisions, and mileage while keeping it simple enough to not need a god damn super computer.
 
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Borzak

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Ford is scheduling their 2023 run on the assembly line next month. Shit takes time.
 

Rangoth

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Anyone have the actual proposal by biden on the new capital gains tax? Is it long term gains only or short too? If it reallyislong only thats a huge Fuck you to the “little guy” but i bet the media will spin it as wall street shit.

If it is im tempted to sell everything long i have and then just buy something else or buy back in to make it short before this tax hits :(
 
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Jysin

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It is only long term cap gains and literally nothing is changing unless you are in the absolute top bracket. $1M+ long term cap gain (married filing jointly)
 
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Omayga

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Anyone have the actual proposal by biden on the new capital gains tax? Is it long term gains only or short too? If it reallyislong only thats a huge Fuck you to the “little guy” but i bet the media will spin it as wall street shit.

If it is im tempted to sell everything long i have and then just buy something else or buy back in to make it short before this tax hits :(

im pretty sure the 39.6 rate on capital gains is only on earnings over 1million. Obviously the rates / brackets may change but it looks to be only on the super high income bracket, not us peasants (yet)
 

Rangoth

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im pretty sure the 39.6 rate on capital gains is only on earnings over 1million. Obviously the rates / brackets may change but it looks to be only on the super high income bracket, not us peasants (yet)

Thanks, thats why i was looking for the link to actual proposal, not sure why i got picarded. Figured if its only long and affected normal people what would be the point of ever holding long again if you pay 15% more for doing so. This seems like valuable information to me /shrug

Thanks for info.
 

Kiroy

Marine Biologist
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Or maybe some intelligent vehicle manufacturer could retool a bit and go back to making simple, affordable cars and trucks that will get you from point A to point B without 3 fucking computers installed. It's like 60's/70's era technology might as well be advanced alien tech that's undecipherable by humans. They could still integrate all the improvements in safety, emmisions, and mileage while keeping it simple enough to not need a god damn super computer.

theyd sell out so fast but insurance and gov wouldnt be able to spy on drivers so no