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IBDvalueinvestin (99.63)

TAX REFUND rally fast approaching.

Recs

2

March 06, 2012 – Comments (2) | RELATED TICKERS: SPY , QQQ , SPXL

Big Reason to buy today's opening Gap Down.

Tax Return Rally coming Mid March till MAY.

Majority of people file their returns from the 1st week of March to the 1st week in April.

Also the majority gets their refunds back by 3rd week in March thru 3rd week in April.

What does all this mean?

It means the moneyflow into equities during the refund period increases in favor of the bulls.

Why? Because historically the general public has reinvested their refunds into equities on the longside.

This has been true the vast majority of years including three straight years 2009, 2010, 2011.

 

Reasons are clear why this happens, people want to take advantage of the tax breaks allowed to them, and many take full advantage of it.

 

2012 IRA Contribution and Deduction Limits  

2012 Combined Traditional and Roth IRA Contribution Limits

If you are under 50 years of age at the end of 2012: The maximum contribution that you can make to a traditional or Roth IRA is the smaller of $5,000 or the amount of your taxable compensation for 2012. This limit can be split between a traditional and a Roth IRA but the combined limit is $5,000. The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified adjusted gross income (modified AGI).

If you are 50 years of age or older before the end of 2012: The maximum contribution that can be made to a traditional or Roth IRA is the smaller of $6,000 or the amount of your taxable compensation for 2012. This limit can be split between a traditional and a Roth IRA but the combined limit is $6,000. The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified AGI.

2 Comments – Post Your Own

#1) On March 09, 2012 at 10:09 AM, IBDvalueinvestin (99.63) wrote:

3 straight up days since I said to buy the dip on March 6th.

The Tax Refund Rally has started.

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#2) On March 19, 2012 at 5:30 PM, IBDvalueinvestin (99.63) wrote:

 

April the Best Month for Stocks Over the Last 11 Years

By the tickerspy.com

Staff | Indie Research – Tue, Mar 13, 2012 6:42 PM EDT

 

http://finance.yahoo.com/news/april-best-month-stocks-over-224206101.html

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