5 Trading Videos... Swing Trading Seminar... and lots of new taxes

Published: Fri, 07/25/08

Dear Toolbox Fans...

Next week we are doing a live event for swing traders. You may want to check it out, but you'll have to get on the list.

Here are the details... 

 
Thursday, July 31, 2008
8:00 PM to 9:30 PM
Swing Trading Best practices
Swing Trading Best Practices You need to know how to enter and exit trades properly. Risk management, position sizing, stop losses, targets and more. Just a few bits of wisdom can make a world...
Online Event

Anyone who is interested in day trading, swing trading, position trading or long term investing needs to understand technical analysis. We will be discussing some real "power techniques" that can make you a better trader or investor.

What a week...

From open to close of the week the markets did ok...  Monday was a nothing kind of day, Tuesday gapped down and scared people out, then they ran it up pretty well before letting it fall off the rest of the week. I especially like the way they faked you out Wednesday morning. Oh those Wall Street types, they crack me up.

 

spyjul252008

 

majul252008

 

Still a lot of stocks moved up over their own 20 day moving averages, but if the market continues falling we may not see the same kind of follow through with the 50 day etc...

The 3 stocks to watch in the free toolbox were a mixed bag today with CSCO, SNDK and CSIQ but then again we usually see at least one pick in there that is less that stellar.

I think I should tell you though that the free stocks to watch in the toolbox are picks made at just after 9am... so there is little to go on at that point. It's kind of dicey!

The picks in the Research Lab come just after the open and have a lot more data available when the picks are made.

As I write this here are some of today's stocks to watch from inside the Research Lab...

picksjul252008
picks2252008

 

Those are some pretty hot one-day winners... and there are lots more too. 

It was interesting to actually get some good news out of the financial sector. (if you can relate billions in losses to good news) I was also just a a little outraged that the geniuses in congress are allowing the GOVT (you) to hold a lot of pesky bad mortgages as collateral for our currency. Boy, there is a confidence builder.

Five videos to help you shake the money tree...

LEARN HOW TO TRADE STOCKS In 2008 some stocks soared, while others tanked. Find out how you can put these moves in your pocket and walk away a winner in the stock market.

LEARN HOW TO TRADE CRUDE OIL Record high prices for crude. Did you miss the move to $147? Watch this  90 second video on trading crude it will enlighten you to the possibilities that this market offers.

LEARN HOW TO TRADE GOLD Record swings in Gold. Did you miss the move to new all time highs? Watch my 90 second video on trading gold. See how it is possible to dominate this precious metal.

LEARN HOW TO TRADE FUTURES Soaring commodity prices. We say that's inflationary, the government say's that inflation is under control. What does your pocketbook say?  Watch this video on how you can protect yourself against inflationary commodity pressures in '08.

LEARN HOW TO TRADE FOREX The dollar index hit a record lows in '08. Watch this 90 second video on forex trading right here. See how you can protect your dollar purchasing power in '08.

These five videos show you how you can protect and grow your nest egg no matter what happens to the economy. There is no registration required. Watch any or all of my videos.

On the political front...

Senator Obama is parading around the globe like a rock star, even packing in hundreds of thousands in Germany to hear whatever he was saying... snooze

The lame stream media is allowing their "top guns" to follow him around like teenage girls in love. (I think I might be sick) John McCain couldn't get press coverage if he fell down into a fire.

Why don't we just hold the coronation.. er, I mean, inauguration right now and get on with it.

I just can't stand to watch this political lightweight make a mockery of what was left of the system.

I suppose I will have to wait till the next time around for a chance to vote for a real man of substance. Pity that.

For now lets just peek at what's in store for you from the current prospects...

Misinformation ~ Disinformation You Decide...

CAPITAL GAINS TAX

MCCAIN
0% on home sales up to $500,000 per home (couples) McCain does not propose any change in existing home sales income tax.

OBAMA
28% on profit from ALL home sales

How does this affect you?

If you sell your home and make a profit, you will pay 28% of your gain on taxes.
If you are heading toward retirement and would like to down-size your home or move into a retirement community, 28% of the money you make from your home will go to taxes. This proposal will adversely affect the elderly who are counting on the income from their homes as part of their retirement income.

DIVIDEND TAX 


MCCAIN   15% (no change)

OBAMA    39.6%   How will this affect you?

  
If you have any money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement   accounts, or anything that pays or reinvests dividends, you will now be paying nearly 40% of the money earned on taxes if Obama become president. The experts predict that 'higher tax rates on dividends and capital gains would crash the stock market yet do absolutely nothing to cut the deficit.

  
INCOME TAX

  
MCCAIN (no changes)
  Single making 30K - tax $4,500
  Single making 50K - tax $12,500
  Single making 75K - tax $18,750
  Married making 60K- tax $9,000
  Married making 75K - tax $18,750
  Married making 125K - tax $31,250
 

OBAMA
  (reversion to pre-Bush tax cuts)
  Single making 30K - t ax $8,400
  Single making 50K - tax $14,000
  Single making 75K - tax $23,250
  Married making 60K - tax $16,800
  Married making 75K - tax $21,000
  Married making 125K - tax $38,750
 

Under Obama your taxes will more than double!
 

How does this affect you? No explanation needed. This is pretty straight forward.

INHERITANCE TAX

 MCCAIN 0% (No change, Bush repealed this tax)

  
 OBAMA

Restore the inheritance tax.   How does this affect you?

Many families have lost businesses, farms and ranches, and homes that have  been in their families for generations because they could not afford the inheritance tax.  Those willing their assets to loved  ones will not only lose them to these taxes.

NEW TAXES BEING PROPOSED BY OBAMA


  * New government taxes proposed on homes that are more than 2400 square feet.

  * New gasoline taxes (as if gas weren't high enough already)

  * New taxes on natural resources consumption (heating gas, water, electricity)

  * New taxes on retirement accounts and last but not least....

  * New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! 

Until next time... VOTE!

Sincerely,

Doug & Bill
Investing Systems Inc.