All things STOCKS

[bignewt]

XSPA looking to move today as well.

I sure hope so, PHBI having another strong day...check it out.

 

[TheColdVolTruth]

Spirit and other airlines down nearly 40% in a month. TSA reporting more and more travelers daily. What am I missing here?

The RSI for SAVE was in the low 80s at the start of that downward move. Even after falling that quickly, it still isn't oversold, but it was overbought at its peak. The TSA is reporting more daily travelers. It is also reporting nearly 2M fewer daily travelers as last year. The data cuts both ways. I like how SAVE seems to be holding the 50 day, but the industry as a whole still faces some serious headwinds.

You seem to identify the bull case for stocks very well, and that should work well for you long term. US equities will go up with a long enough runway, but I always like to see the bear case for my holdings even if I'm bullish.

 

[Thunder Good-Oil]

Anyone eyeing any high yield stocks? After some research, I'm liking BOH quite a bit. I may have to invest at least half of my portfiolio (may be all of Schwab 401k?) into BOH very soon, maybe a soon as next week. It's a high yield dividend stock that's approaching 52 week lows from March. Probably looking at minimum 20% gains over the next year, with the potential for 60%+ gains if it gets back to pre-covid levels.

No! 50% is too much to risk on a single stock in a retirement account.

 

[TheColdVolTruth]

Anyone eyeing any high yield stocks? After some research, I'm liking BOH quite a bit. I may have to invest at least half of my portfiolio (may be all of Schwab 401k?) into BOH very soon, maybe a soon as next week. It's a high yield dividend stock that's approaching 52 week lows from March. Probably looking at minimum 20% gains over the next year, with the potential for 60%+ gains if it gets back to pre-covid levels.

Hawaii’s unemployment rate remains high at 22.6%

Banks are facing some headwinds with the Fed pinning interest rates at 0. Hawaii is struggling more than most with an economy that is so tourism centric. I don't know anything about Bank of Hawaii, but I would imagine they have many customers whose liquidity issues may turn into solvency issues if people don't start filling airplanes and hotels in Hawaii.

 

[Thunder Good-Oil]

CCL CEO will be on CNBC Closing Bell today.

 

[mr.checkerboards]

SAVE coming back ok. It's the rock of idex that's struggling

 

[Carp]

Short squeeze? Lol

Next time SAVE pushes into the 15's I'm loading up for a swing,, at least until it proves it can't hold it. It always bounces back up at least 10%.

 

[Thunder Good-Oil]

SAVE gets extra buyers any time that BA has good news. They think they're buying SPR.

 

[Carp]

No! 50% is too much to risk on a single stock in a retirement account.

This was an old IRA from a previous job with less than $5k. My IRA with my current job is much stronger. I'm more or less using this to learn.

 

[Thunder Good-Oil]

This was an old IRA from a previous job with less than $5k. My IRA with my current job is much stronger. I'm more or less using this to learn.

Even if it's a better percentage in total, it's still not the best account for speculating. Loses won't be available to offset gains on taxes. Better to put growth and income generators under that account umbrella.

 

[Carp]

Even if it's a better percentage in total, it's still not the best account for speculating. Loses won't be available to offset gains on taxes. Better to put growth and income generators under that account umbrella.

Unless I've read it wrong, gains from trades within your IRA aren't taxable unless they are withdrawn early. Is that not correct?

 

[Orange_Vol1321]

I like Tesla if they focus more on batteries rather than vehicles. Power systems in buildings seems like a better idea than trying to take market share from Toyota, Ford, GM, Mercedes, VW, etc. They should partner with those rather than spinning their wheels competing. I'd like to see them focus on integrating building power systems like solar roofing, generators, power grids, as well as producing the batteries at the heart of the systems.

I think he's doing fine. The blue hair company's will never catch up to him now that he's passed them all.

Tesla Takes Over Top Spot From Toyota As World’s Most Valuable Carmaker

 

[VolAllen]

This feels like one of those days where SAVE fake dips and then runs big. I won’t be surprised to see an $18 close.

 

[Thunder Good-Oil]

Unless I've read it wrong, gains from trades within your IRA aren't taxable unless they are withdrawn early. Is that not correct?

Roth gains are never taxable (under current legislation). Regular IRAs are taxed as gains are withdrawn. I don't know in what order withdrawals are handled though. With annuities the IRS taxes all of the distributions as ordinary income until the account has been drawn down to the initial amount deposited.

 

[VolAllen]

On a side note, any of you guys download the ios14 beta? I’m running it now on my 11 and I like it.

@Freak i know this is your kind of thing..

 

[Freak]

On a side note, any of you guys download the ios14 beta? I’m running it now on my 11 and I like it.

@Freak i know this is your kind of thing..

I downloaded it last night but haven’t had any time to mess with it yet.

 

[Firebirdparts]

This was an old IRA from a previous job with less than $5k. My IRA with my current job is much stronger. I'm more or less using this to learn.

Look, when you say "half my portfolio" then people just assume you mean half your portfolio. FWIW. There's no need to defend yourself.

 

[Thunder Good-Oil]

I think he's doing fine. The blue hair company's will never catch up to him now that he's passed them all.

Tesla Takes Over Top Spot From Toyota As World’s Most Valuable Carmaker

Toyota makes 10x as many vehicles as Tesla. Tesla has a ways to go yet to catch TM.

 

[Carp]

This feels like one of those days where SAVE fake dips and then runs big. I won’t be surprised to see an $18 close.

About to break $17

 

[VolAllen]

About to break $17

CCL up like 10% and most people really can’t cruise without airlines, so we’ll see if that assists in the run.

 

[VolAllen]

6,000 share wall at 17.00. Bust that and it’s going to be a great day.

 

[mr.checkerboards]

6,000 share wall at 17.00. Bust that and it’s going to be a great day.

Broke 17

 

[Go aeiou]

Roth gains are never taxable (under current legislation). Regular IRAs are taxed as gains are withdrawn. I don't know in what order withdrawals are handled though. With annuities the IRS taxes all of the distributions as ordinary income until the account has been drawn down to the initial amount deposited.

In a Regular IRA all withdrawals are taxed the same. The is no recognition of capital gains or losses. No recognition if you sell a stock for a gain. One typically puts funds from sales of assets in a cash fund, and makes withdrawals from that fund.
In other words all withdrawals are taxed at your tax rate. Most people think of that rate as their marginal rate.
As you said no tax on Roth withdrawals.

 

[Thunder Good-Oil]

In a Regular IRA all withdrawals are taxed the same. The is no recognition of capital gains or losses. No recognition if you sell a stock for a gain. One typically puts funds from sales of assets in a cash fund, and makes withdrawals from that fund.
In other words all withdrawals are taxed at your tax rate. Most people think of that rate as their marginal rate.
As you said no tax on Roth withdrawals.

That's right. The contributions weren't ever taxed so every dollar withdrawn from a regular IRA is taxed. Same with 401(k)s. Annuities are funded with after tax dollars so the record keeping is more involved.

 

[Carp]

What if you transfer funds from a regular IRA to a ROTH IRA? Since the money hasn't been taxed, will you be required to pay taxes on it before you move it?