Okay I embellished. I'm not doomed. I've taken some lumps but it could have been much, much, worse. [more]
TigerPack has gone on a spree today red-thumbing leveraged ETFs along with some select tech stocks. What gives?
How significant are these factors?
- Investors that made a good profit this year may want to cut away some dead weight which will help mitigate their tax liability.
- Investors that are up on paper may want to take profits this year for fear of being more heavily taxed next year.
What other factors am I missing?
I appreciate the comments.