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Showing posts from December, 2022

2023 Stock Market Forecasts Challenges, But Smart Stock Pickers Could Thrive

The stock market suffered large losses in 2022. Uncertainty surrounds 2023. Due to Fed rate hikes, the Russia-Ukraine war, and recession fears, 2023 is expect to be somewhat a tumultuous trading year. Uncertainty offers opportunity. There's always a bull market on Wall Street. As the market struggles, smart investors can outperform. Most 2023 stock market estimates display a mix of optimism and concerns  and forecast the S&P 500 at 3900 by 2023.  With so much uncertainty, a cautious stance is wise. Long-term investing trends are changing. Investors must monitor sector changes and choose wisely. As tech stocks seek new footing, some analysts anticipate value stocks outperforming growth companies. Other experts foresee strong infrastructure stocks and M&A prospects in 2023. 2023: Market recovery? All major indexes fell the most since the 2008 financial crisis in 2022.  The Dow Jones Industrial Average fell 8.8% due to its underexposure to technology stocks. The Nasd...

Don't wait for 2023 to cut your taxes. Do it before 2022 ends

2022 has been a rough year for investors.  Year-to-Date the S&P 500 is down almost 20%, the Nasdaq 100 is down 34%; large caps such as Google (GOOG), Amazon (AMZN) and Tesla (TSLA) lost 41%, 54% and 65% respectively.  That's not a pretty picture. We can all agree on that. But there's a silver lining here.  The IRS permits individuals with red portfolio pages to reduce gains and income using their investment losses.   In fact, investors can take advantage of what is called tax-loss harvesting and lower their 2022 tax bill until the end of the year.  Tax-loss harvesting explained Tax-loss harvesting requires knowledge of capital gains taxation. So, how's capital gain taxed? A capital gain is realized when investors sell a taxable investment for more than they paid for. Profits from investments held for a year or less are taxed at the regular income rate of the individual. Long-term capital gains rates range from 0% to 23.8%, depending on the individual's...

Two Explosive Day Trades: See How We Traded Them

Today we cover two day trades from our focus list: ACER and CCJD, +35% and +52% respectively. See how we day traded them. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

Bitcoin, the next move might be coming soon

Today we take a look at the technicals for Bitcoin.  2022 has been a disastrous year for cryptos.  Today we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund GBTC. What can we expect next? Watch this  video  to find and to get the technical insights.  Good trading! Dark pool activities explained When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities   do not   tell us the direction of the next move. They only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. Trading Risk Disclaimer All the information shared is provided for educational purposes ...

Buying On Margin

When an investor purchases an asset using margin, they borrow the remaining funds from a bank or broker. The first payment made to the broker for the asset—for instance, 10% down and 90% financed—is referred to as buying on margin. The marginable securities in the investor's broker account serve as collateral. The entire dollar amount of purchases an investor is capable of making with any available margin capacity is reflected in their brokerage account's buying power. Margin is used by stock short sellers to trade shares. Understanding margin Buying on margin means to borrow money from your broker in order to increase capital investments, and ideally profits. Let's say you invest $10,000 and earn 10%. You will be making $1,000. What if you could have borrowed an additional $10,000 and double your profits? Investors borrow money or buy on margin to multiple their gains. However, while increasing the potential gains,  the technique is dangerous because it also increases your...