Boiler Room: The Official Stock Market Discussion
Good shyt breh. How old are you?I hit a major milestone today brehs.. bank accounts exceeded 100k and that's not even including investments
And the house has appreciated 80k in the past year
I'm on my way to retiring.
double post
Domingo Halliburton
Handmade in USA
So they're going to nail apple on that bullshyt they pull in Ireland?
ill
Superstar
Apple Ordered by EU to Repay $14.5 Billion in Irish Tax Breaks
Mr. Cook fired back that “The European Commission has launched an effort to rewrite Apple’s history in Europe, ignore Ireland’s tax laws and upend the international tax system in the process.”
The U.S. Treasury Department has sharply criticized the EU’s tax investigations, arguing that the bloc unfairly targets American companies and acts inconsistently with international tax norms.
On Tuesday, a spokesperson said the Treasury Department was disappointed with the commission’s decision and reiterated that “retroactive tax assessments by the commission are unfair, contrary to well-established legal principles, and call into question the tax rules of individual Member States.”
I highly doubt Apple will pay anywhere near the $13-14.5 billion that they are demanding. Treasury Dept has their back and Ireland has filed an appeal. Ireland is going to suffer tremendously if they lose their 'tax' businesses.
Domingo Halliburton
Handmade in USA
Apparently whatever they have to pay will all fall under the foreign tax credit for apple. Theyll get a dollar back for every dollar they have to pay.
Ex: our tax rate is 35% for corporations. If i make $100 in Ireland and i pay 5% on it there, i pay the other 30% in america. So i just deduct that 5% off my american tax bill essentially and reduce how much i owe. That may not be the best example but you get my gist.
Domingo Halliburton
Handmade in USA
Take this for what it's worth but apparently Martin Shkreli loves AMD.
Domingo Halliburton
Handmade in USA
I keep trying to tell you guys shorting the vix (especcially VXX if it rallies at all) is the easiest money out there.
Look how much VXX has to pay into buying the front 2 months of vix futures:
Barchart.com - Futures Prices for S&P 500 VIX
Such a piece of shyt security that is only designed to lose money.
Better yet just sell weekly 18 (or higher depending on your risk preferences) calls on the vix. We will need a massive move for that to hit.
Look how much VXX has to pay into buying the front 2 months of vix futures:
Barchart.com - Futures Prices for S&P 500 VIX
Such a piece of shyt security that is only designed to lose money.
Better yet just sell weekly 18 (or higher depending on your risk preferences) calls on the vix. We will need a massive move for that to hit.
Last edited:
Domingo Halliburton
Handmade in USA
By the way, BKX (bank index) highest levels since the beginning of the year...how youre bearish this market is beyond me.
If Fed is hawkish and banks dont carry us then worry.
If Fed is hawkish and banks dont carry us then worry.
Last edited:
Domingo Halliburton
Handmade in USA
It's all good 'til it's not
I tried to edit it in, but if the Fed gets more hawkish and banks dont carry us into the close of a day then you might want to worry
Domingo Halliburton
Handmade in USA
Especially if they start acting like biotechs
Futuristic Eskimo
All Star
A bit worrisome that banks are decoupling from the yield curve, no? I don't think that divergence can continue and I trust the bond market more than equities on calling these things.