[quote=enron_by_the_sea]So I sold off a large chunk of my stock holdings today too. I don’t think I ever entered such large sell orders in last 20 years.
Maybe I am crying a wolf here, but I only see trouble no matter who wins with a narrow mandate.[/quote]
There will be some winners here and there, but I don’t see the broader market really moving upward. It’s been stuck where it is for some time, even though earnings haven’t been horrible. (Not great, not horrible).
Precious metals seem to be trickling up….
Locally, Qualcomm will probably have a good quarter. There’s a lot of excitement around the NXP acquisition. That should fuel the next 2-3 years of growth.
My capital gains tax bill will be pretty large this year, but I’m thinking better to pay taxes on an actual gain versus carrying over a capital loss for the next year or 2, lol.
Nasdaq looks like another down day. Eerily reminds me of the dot.com implosion.
