Dow Jones going 30,000?!

30,000 Dow. I never imagined. But at this rate of increase with the tax reform, I see why not? I expected some “crash” this year but seems like this uptrend will linger for some time. To be honest, I was going to sell all my holdings no later than Jan 2018 before this tax reform. I think I have to reconsider.

I woke up today and saw most of my stock portfolios shooting up. Seems like the tax reform is affecting them. I am expecting more uptrend due to the tax reform. Tax deferral will make investors keep their stock until next year. This will lead some bullish movement. Also, tax rate discount when securities are sold in 2018. Another bullish movement.

Below are some of the companies that would benefit the most from the tax reform.

Some of my favorites are VZ, AAPL, AMD (it jumped nearly 6% as of now!!!), BA, and COST.

Stock watchlist review (110717)

MSFT hasn’t come down! Unless there is another tech market crash, I don’t see that coming. So far, it has been steadily increasing. Almost 30% increase from earlier April with the $0.39/share dividend.

PEB also has been steadily increasing about 23% from the early April with the $0.38/share dividend. Rarely saw the stock plunging so far. It seems very safe stock for the beginners.

AAPL had some ups and downs. I didn’t expect the stock to hit above $170 after the iPhone X release since there were so many bad reviews prior to the release date. What a break trough!

AMD had a bad time. Dropping below $11! Yet, what an opportunity! I didn’t expect the stock to drop below $11.80 but $10.70s! Now, it’s back up to $12.06! With the soaring price of bitcoin at $7,000 (CRAZY!!!), AMD has quite of a strong tailwind. After Amazon purchasing some domain name relating to bitcoin, I see the future of bitcoin shinning bit more longer.

BA had some headwind for a few weeks even after the nice 3rd quarter financial report. I expect to reach $300 not too far from today due to all the military contract orders to fulfill. Still wondering about the date of merging with OA. um…..

One bad apple that I have on the list is the S. Sprint had news regarding merge with T-Mobile. A news is a news. Nothing more nothing less until it happens. hum…

Stock watch list

I have been dealing with a few stocks that have been “good” to me. Yes, I know that there are better stocks out there but these are what I know and what I have been gaining from. I generally do all trades; long term trades, swing trades, and a few day trades.

This list will be updated periodically.

TSLA – Buy queue @ $300.00 – $310.00
NVDA – Buy queue @ $160.00 – $163.00
AMD – Buy queue @ $12.00 – $12.10
AAPL – Buy queue @ 150.00 – $152.00