|
Post by aaplsauce on Jul 18, 2021 22:15:40 GMT -8
|
|
4aapl
Moderator
Posts: 3,629
|
Post by 4aapl on Jul 18, 2021 22:52:28 GMT -8
I was surprised by 2 letters from the IRS in our mailbox. One was a letter talking about the prepayment of part of the child tax credit, and the other was a small check! Unlike other recent checks the IRS sent to some people, a yahoo story says that these have to be paid back if an overpayment occurs, such as if you have a higher income than the limits. And it gives a link of where to check or change your eligibility. finance.yahoo.com/news/irs-child-tax-credits-could-162711483.htmlItem 20 on this list from Kiplinger talks about at what levels the prepayments have to be paid back, or not, if an overpayment was made. www.kiplinger.com/taxes/602431/child-tax-credit-2021-faqsWe plan to move some thing around in this tax year, for a variety of reasons. Looks like we will have to update our info so that they stop automatically sending checks. It's a strange problem to have.
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,098
|
Post by Dave on Jul 19, 2021 2:26:32 GMT -8
|
|
|
Post by archibaldtuttle on Jul 19, 2021 6:27:47 GMT -8
What's the opposite of Wheeee?
|
|
4aapl
Moderator
Posts: 3,629
|
Post by 4aapl on Jul 19, 2021 6:37:43 GMT -8
What's the opposite of Wheeee? An RSI dropping quickly from 80 to the mid 50's. Nothing is ever a straight line. Like playing in the waves at an ocean or big lake, there's a sweet spot between small waves, medium, and too large. It's all fun and games, until it isn't. Last fall's euphoric stretch was particularly long. This little market-wide bump might be what helps create that again in the future. This level was nice, but I'd really like to see the 40 P/E wave again. That was a nice one!
|
|
|
Post by dc930 on Jul 19, 2021 10:48:15 GMT -8
I need to trust my instincts. Built a covered call order for August 150's last week during the run-up but never pulled the trigger. C'est la vie.
|
|
|
Post by duckpins on Jul 19, 2021 11:09:46 GMT -8
Covered calls on Apple etc. make money sometimes you get called out eventually. Spreads are dumb. WGAF if you are called out or get the stock a little cheaper ? All of the corps with the most cash on hand which I follow are down today but Nivdia. Cramer said same would never hit 290 again a while ago. Chinese are mostly down but NIO is up/ that is a good sign. YINN is off the bottom even on a down day. Apple hit the 50 mark on the & day rsi. Usually goes up before the down continues. Dylan's concert was fantastic. That film noir look was a mood changer.
|
|
|
Post by ericinaustin on Jul 19, 2021 12:37:34 GMT -8
Woah😳
If you were thinking of getting in well this seems ideal.
Ericinaustin
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
|
Post by chinacat on Jul 19, 2021 14:25:04 GMT -8
Our new iMac arrived today, basically a month late. I’ll head to the Cambridge store tomorrow to see what kind of help we can get with the transition process. Frankly, at this point I am not optimistic. The last few interactions have not lived up to the expectations developed through more than 30 years as an Apple user, customer and investor.
Wish me luck.
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,098
|
Post by Dave on Jul 19, 2021 14:35:54 GMT -8
What's the opposite of Wheeee? Ohhhhh Nooooo! Wish I had sold at $150.
|
|
4aapl
Moderator
Posts: 3,629
|
Post by 4aapl on Jul 19, 2021 19:59:26 GMT -8
What's the opposite of Wheeee? Ohhhhh Nooooo! Wish I had sold at $150. Sure, pick the very highest number possible. How many shares traded at 150.00? AAPL will pass 150. Will it take a week, or 26 of them? If someone knew, with certainty, they'd make a lot of money off of the trade. OTOH, knowing that Apple is solid, and has a very high likelihood of it's stock improving at some point, that makes any short term movements quite a bit less important.
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,098
|
Post by Dave on Jul 20, 2021 1:06:44 GMT -8
4aapl, just as you have said many times, nothing goes up in a straight line.
|
|
4aapl
Moderator
Posts: 3,629
|
Post by 4aapl on Jul 20, 2021 5:45:19 GMT -8
4aapl, just as you have said many times, nothing goes up in a straight line. Except maybe one of those rocket ships. Bezos and Branson have had some good rides, both with their companies, but now with their spaceships.
|
|
mark
fire starter
Posts: 1,552
|
Post by mark on Jul 20, 2021 6:29:11 GMT -8
I want to sell at the absolute local peak, and then buy back at the next local low. Every time, again and again and again. Actually, it sounds exhausting, much easier to just buy, hold, and collect dividends. Besides, if I could accurately determine local lows and highs, I could make 10X+ the money trading options rather than stock.
|
|