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Damn what happened with the market today ?

Posted on 1/2/24 at 2:50 pm
Posted by Double Oh
Louisiana
Member since Sep 2008
18085 posts
Posted on 1/2/24 at 2:50 pm
Something happened I don’t know about
Posted by notiger1997
Metairie
Member since May 2009
58295 posts
Posted on 1/2/24 at 2:57 pm to
It can’t go up everyday.
And the Nasdaq did have a bad day, but nothing special about the Dow and S&P.
This post was edited on 1/2/24 at 3:54 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48894 posts
Posted on 1/2/24 at 3:27 pm to
People selling all of last year's big winners on the first trading day so they didn't have to pay capital gains taxes on them in a few months.
Posted by TheWalrus
Member since Dec 2012
40798 posts
Posted on 1/2/24 at 5:17 pm to
Apple downgraded by Barclays led to tech sell off
Posted by CHGAR
Haile, LA
Member since Aug 2022
575 posts
Posted on 1/2/24 at 6:02 pm to
quote:

People selling all of last year's big winners on the first trading day so they didn't have to pay capital gains taxes on them in a few months.


It's a little late for this.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35571 posts
Posted on 1/2/24 at 7:37 pm to
quote:

It's a little late for this.



?
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 1/2/24 at 8:04 pm to
quote:

People selling all of last year's big winners on the first trading day so they didn't have to pay capital gains taxes on them in a few months.


this
Posted by Future LSU Tiger
Member since Jan 2024
31 posts
Posted on 1/2/24 at 8:59 pm to
.
This post was edited on 1/2/24 at 9:02 pm
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2805 posts
Posted on 1/2/24 at 10:01 pm to
quote:

quote:
People selling all of last year's big winners on the first trading day so they didn't have to pay capital gains taxes on them in a few months.


It's a little late for this.


Why is it a little late? You sell winners now and don't have to pay taxes on the gains until you file 2024 return.
Posted by SlidellCajun
Slidell la
Member since May 2019
10534 posts
Posted on 1/2/24 at 10:04 pm to
There’s a shift going on

Money flowing out of tech and into healthcare, banking and energy which aren’t as heavily weighted in the indexes.

Posted by LSUtiger89
Baton Rouge
Member since Dec 2007
3656 posts
Posted on 1/3/24 at 6:11 am to
quote:

It can’t go up everyday. And the Nasdaq did have a bad day, but nothing special about the Dow and S&P.


This. You know you want it to go up and down right? Both need to happen.
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