In addition to the above GILTI provisions, Section 250 also permits U.S. corporations to deduct 37.5% of “foreign-derived intangible income” (FDII), resulting in an effective U.S. federal income tax rate of 13.125% on such income. FDII is the portion of the U.S. corporation’s net income (other than GILTI and certain other income) that exceeds a 10% rate of return on the U.S. corporation’s tangible depreciable business assets and is attributable to certain sales of property (including leases and licenses) to foreign persons or to the provision of certain services to any person located outside the United States.
MU, SPLK and NTNX are in rally mode
VEEV would be if it break above the resistance at $79-$80.
SHOP would be if it break above $146.
UBNT and IRBT are still recovering from the earning and investigation damage.
STC MU calendar Jul/ Mar 23 $55 for 300% gain
BTO MU calendar Apr/Mar 23 $60.
Riding MU momentum tiger
No much explaining to do. Buy when it goes up, sell when it goes down (if you must).
So for SQ, did its fundamentals change? If your only reason to sell is because prices went up a lot by your own measures, that’s probably not a very strong reason to sell. It can always go higher.
Or look at it this way. If you or I were good at timing stocks we would probably be a billionaire already. The fact that we are not means we ain’t that great. So be humble and respect the price.
You can understand what is meant by “Let price do the leading”? We are not talking about concept here. We are supposed to apply the concept to the five stocks mentioned.
People have different systems. For me I only buy or sell once a day, in the last 15 minutes of trading session. I may allot 20K for each 5% increment. So for TWLO, I may start buying $20K. Then I’ll wait until TWLO goes up 5% to putting in another $20K, etc. If it doesn’t go up or even goes down, I don’t put any new money in.