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 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

Missed cryto-currency hype?

A couple of days ago, I had a bad experience with Bitstamp with their slow processing of money transfer verification. So, instead, I went ahead and did some research and looked at AMD stock. A couple of years ago, when bitcoin hit $1400 for the first time, AMD stock took off along with it due to AMD’s graphic card demand.

10.90 was when I jumped in. At the time of writing this, it’s hitting at 12.67 and I expect to rise back close to its high record of $15.