Indeed it's good news for most of the investors. But why was the market keep running up and down in recent days? Is there any important news that is responsible for the upward trend? Or the most significant threat has been eliminated?
Would you comment and tell mooers about your thoughts?
Mike Hunt
:
Window dressing is a factor creating demand for stocks that performed well this quarter and creating selling pressure for those that didn’t. On the supply side, selling a stock in what’s left of 2021 means owing capital gains taxes in 4 months. Waiting just another week and a half to sell means those taxes aren’t due for 16 months.
Mike Hunt : Window dressing is a factor creating demand for stocks that performed well this quarter and creating selling pressure for those that didn’t. On the supply side, selling a stock in what’s left of 2021 means owing capital gains taxes in 4 months. Waiting just another week and a half to sell means those taxes aren’t due for 16 months.
Popular on moomoo OP Mike Hunt : OMG no wonder everything has been green