It looks as if the market may have reached a local maximum on March 28. It may take a while for the market to reach that level again.
All this month (March) I have tried to post pitches, but I keep getting an OOPS screen when I try to post a pitch. What is the problem?
When I try to post a pitch for BERY, I get the OOPS! screen. He is what I wanted to post: [more]
I try to keep up with Income Tax matters, but some of the new taxes going into effect for next year have me baffled. In particular, does anyone know any details about the new 3.6% tax on investment income? There is little mention of it in the media, and on those rare occasions on which it is mentioned, very little or no explanation is given. Taxes on dividends are already scheduled to go up, and now a new surtax is to be added besides? I have already expressed my views on the double taxation of dividends in an earlier post. [more]
I would Like to see what happens next week before deciding, but, so far, price action has been encouraging. Republicans seem to be getting over their shock and disbelief after the election results the week before. Those who sold in May should consider getting back in if they haven't already. Those who ranted, raved, and railed against selling in May were wrong again this time around.