Yessssss You heard right....another 17% worth of free no risk gains coming your way for 2018 So all they had to do to keep this rally forever going is to implement tax reform......this is the best market ever....free money forever and ever and ever and ever and ever..... Stocks could surge by 17 percent — if tax reform passes Stephanie Landsman | @stephlandsman Published 1 Hour AgoCNBC.com If Washington can pass it, the firm's chief market strategist predicts the S&P 500 could surge 17 percent from current levels. "You're looking at over 3100 on the S&P 500," Dwyer said Wednesday on CNBC's "Trading Nation." His potential year-end target is based on a study conducted for his firm by Thomson Reuters. Dwyer said a lowered corporate tax rate to 20 percent from 35 percent would add 10.5 percent to his current S&P 500 earnings per share estimate. In turn, it would drive stocks further into record territory. He acknowledges his current S&P 2018 price target of 2,800, which reflects strong fundamentals and a synchronized growing global economy, is conservative right now. That figure would be about a 6 percent gain from Wednesday's close. "It's not whether you have another leg higher. Corporate taxes may give you an extra boost to that leg," Dwyer said. Yet he's not discounting the risk of a stock market pullback along the way. "We're in for that kind of correction where it's just small, but because of the lack of volatility, it feels really big," he said. "The market is kind of ripe for one of those 3 percenters that feels like 30 percent." Dwyer said it's vital for investors not to get spooked by a sell-off — reiterating that stocks are far from a peak in the cycle. "Ultimately, it is to be bought. I want to be crystal clear on this," Dwyer said. Could the S&P 500 exceed 3000 next year? Yes 61% No 20% Maybe 14% Undecided 4% Total Votes: 1442
25000 by January....keep buying......there is no risk at all.....26000 by February...37000 by December 2018 55000 by Dec 2019 72000 by December 2020 Just keep buying and buying 100000 by 2022 Do.you see where I'm going with this.... There will be dozens and dozens of trillion dollar companies in the next 5 years..... This tax reform is the best ever...if that's all they had to do to give this market unlimited upside why did they wait so long....this could have been implemented years ago...right now we could have had Dow 100000 but they waited too long for this reform...so now will have to wait until 2022 for Dow 100000 ....just keep buying......20+% guranteed returns year over year.
Yes and so on.....it will be everything everyone has ever wished for....we will be saturated with tens of millions of millionaires in the US and the number of billionaires around 500 today in the US will skyrocket to tens of thousands
Economists and tax experts are overwhelmingly skeptical that the bills in the House and Senate can generate meaningful job growth and economic expansion. Many view the legislation not as a product of genuine deliberation, but as a transfer of wealth to corporations and affluent individuals — both generous purveyors of campaign contributions. By 2027, people making $40,000 to $50,000 would pay a combined $5.3 billion more in taxes, while the group earning $1 million or more would get a $5.8 billion cut, according to the Joint Committee and the Congressional Budget Office. Hmmmmmmmm So in reality the ones making less will actually be paying more taxes in the decade to come ......so this isn't really what's it's meant to be.... seems like there are some backwards things going on with this tax reform and people are still swearing by it....hmmmmmmmm $5.3 billion more in taxes by 2027...hmmmmmmmm That's sort of unfair.....isn't that the largest group of people in that income range.....
Stock market millionaires, no one left to work in mainstream jobs. Everyone is a millionaire. Thats will soon be the thinking at this rate. Headlines read: Kroger sacker opens futures account with $500.00. Buys 1 Dow futures contract, the First day makes $500.00, 5th day account now up to $2500. One month later $5000.00.... Quits job and now relaxes at home counting his free money, making $10,000 a month.
I can feel it..... It's funny though how no one comes in to stop the gains from over extending but when everything is collapsing the fed is there within minutes to put a stop to the downside, and let's not forget about the circuit breakers....I call unfair to that game
That's where it's going....in the last year I know people who know nothing about the markets, who never made a trade in their lives talk stocks....it's actually quite amusing...one guy who is in his 60s opened a Robin hood account and bought $500 worth of stocks....not much but he wanted to know about getting in on the trend...I was like yes this feels like euphoria is kicking in....