Tag Archives: strategist

Threats of higher taxes could trigger major selling of stocks by the wealthy: strategist

TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. There are a multitude of possible clues investors can use to find the price… Source link

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5 tax hikes that may be coming under Biden: strategist

With a $1.9 trillion stimulus plan now under his belt, President Joe Biden and his administration are reportedly eyeing several tax hikes to pay for a significant new infrastructure bill and help coral the ballooning U.S. deficit. But getting tax hikes through even to support badly needed infrastructure investments will be a Herculean challenge, argues Stifel chief Washington policy strategist Brian Gardner. “The politics of a tax bill are likely to be more challenging than the politics of… Source link

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Stock market is nearly 10% overvalued without Trump’s bigger stimulus checks: strategist

The stock market has been looking a little top heavy for weeks on end after an early winter melt-up. But absent President Trump signing off on a new stimulus bill that features his demands for fatter stimulus checks to households reeling from the COVID-19 pandemic, the math suggests stocks would be too overvalued to not justify a correction. Long-time market strategist Hugh Johnson of Hugh Johnson Advisors told Yahoo Finance Live he thought stocks were about 8.5% overvalued before Trump threw… Source link

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