The Rokslide Stock Traders Thread

[Poser]

There’s currently only one car company that’s more than a car company who hits over the 85% mark. Tesla, could be why there was a decent pump this afternoon

Definitely no insider corruption going on here....

 

[Beendare]

Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.

 

[MuleyFever]

Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.

Ill have to look into this more. Does it matter that they are held in a non taxable account?

 

[RoaminTexan]

Dividend stocks; Just know that some of those high dividend oil stocks are MLP's- partnerships that require a special treatment on your tax return- read, more work- and aren't treated like regular stocks. Kinder Morgan is a stock, ET is a partnership. MLPX bundles a bunch of the pipelines as an ETF and it trades and is treated like a stock. MLPX- which I own- has about a 4% dividend.

These shouldn't trade along with the price of oil due to the nature of their business...but they do.

If you own those “partnership” stocks, is it a K-1 form that gets sent?

 

[Wrench]

Definitely no insider corruption going on here....

Was that sacasm or rooting against America?

 

[Beendare]

If you own those “partnership” stocks, is it a K-1 form that gets sent?

Yeah, they send you a K1.

I'm giving general advice here- I am not a CPA, so for specific tax advice ask your accountant...heck I just handed off the K1's to my accountant back when I owned those pipeline partnerships. Later, I decided not to mess with them and went the MLPX route. IME, these won't make you rich but they are pretty steady.

I've owed MLPX for about 2 years...and it fluctuates more than one would think considering it's made up of pipeline and infrastructure companies that are like a toll road for oil and gas.There is some Nat gas shipping in there too. It's at about $61 now, if oil drops, and it probably will, I bet you can get it for $57 or better on a dip. It has been doing better than 20% a year for awhile....my guess is we might get a year here where it under performs.

 

[Poser]

Was that sacasm or rooting against America?

Sarcasm. Clearly, the admin is directly throwing Musk a bone, but, it won't really matter as its not going to lead to people buying more Teslas.

 

[SWFLhntr]

lol.

 

[Wrench]

It wasn't THAT long ago when Americans built great cars with our own steel and glass. For a resource rich country with tons of real estate and electricity.....we became dependent on others.......and every place that once thrived during those years is now a shithole.

It's not going to be instantly fixed, but I am glad that it'll happen during my lifetime and not my grandkids......right now it can be done without civil war, had it maintained it's path.....not so much.

Thank god for progress like this......and incredibly fitting in a trading thread.

https://www.congress.gov/bill/118th-congress/senate-bill/58

 

[Beendare]

Wrench, your comment is extremely relevant to a stock trading thread. We are going through a huge purge and reorientation in the US to being more streamlined [with less wasteful spending] and more secure as a nation.
The markets will gyrate wildly with these moves. I try to look at sectors that will still perform well in 5-10 years.

Anyone looking at HIMS? Man that company seems to be doing all the right things in a segment that sure seems ripe for the picking. It's been volatile with them playing in the weight loss shot arena but now it seems like they are in a sweet spot for that. Huge short covering run up yesterday.

 

[TaperPin]

It wasn't THAT long ago when Americans built great cars with our own steel and glass. For a resource rich country with tons of real estate and electricity.....we became dependent on others.......and every place that once thrived during those years is now a shithole.

It's not going to be instantly fixed, but I am glad that it'll happen during my lifetime and not my grandkids......right now it can be done without civil war, had it maintained it's path.....not so much.

Thank god for progress like this......and incredibly fitting in a trading thread.

https://www.congress.gov/bill/118th-congress/senate-bill/58

We should all think about our grandkids. This overall plan includes raising the debt ceiling by $4 trillion to cover $4.5 trillion more in tax cuts for the top. $4 trillion is 4 million $million. Leaving grandkids with our debt shouldn’t be ok to folks on either side of the isle, and during good times we should be paying it down not increasing it. Rand Paul sounds like the only voice of reason.

 

[cubdriver84d]

Anyone like SMCI? Down 15% since yesterday.

 

[MountainTracker]

We should all think about our grandkids. This overall plan includes raising the debt ceiling by $4 trillion to cover $4.5 trillion more in tax cuts for the top. $4 trillion is 4 million $million. Leaving grandkids with our debt shouldn’t be ok to folks on either side of the isle, and during good times we should be paying it down not increasing it. Rand Paul sounds like the only voice of reason.
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Last I read we are paying $1T every quarter to cover interest on existing debit, that amount will only go up. That raise in the debt ceiling is enough to just cover interest nothing else.

Dollar milkshake theory, it won’t stop bc it can’t, maybe slowed down.

I agree the future generations are going to suffer the most bc of the debt load.


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[TaperPin]

Last I read we are paying $1T every quarter to cover interest on existing debit, that amount will only go up. That raise in the debt ceiling is enough to just cover interest nothing else.

It covers the tax break and nothing else.

 

[Poser]

Reading the White House fact sheet on the updated auto tariffs, it appears that the tariffs will no longer stack as components move back and forth between Mexico and Canada. It also becomes a game of reimbursement rather than reduced tariffs as the new order does not alter previous 25% auto tariffs, nor does it impact those on steel and aluminum imports and other sectors. However, in a separate proclamation signed Tuesday, current tariffs on imports of steel, aluminum, cars and non-USMCA-compliant goods will not stack on top of duties on auto parts.

Fact Sheet: President Donald J. Trump Incentivizes Domestic Automobile Production

INCENTIVIZING DOMESTIC AUTO PRODUCTION: Today, President Donald J. Trump signed a proclamation to protect national security by incentivizing domestic

www.whitehouse.gov

• It offers an offset to a portion of tariffs for automobile parts used in U.S.-assembled vehicles equal to 3.75% of the Manufacturer’s Suggested Retail Price (MSRP) of a manufacturer’s U.S. production for the next year (April 3, 2025 to April 30, 2026), and 2.5% of U.S. production the year after (May 1, 2026 to April 30, 2027).
  • These percentages reflect the duty that would be owed when a 25% duty is applied to 15% of the value of a U.S.-assembled automobile in the first year, and to 10% of the value of a U.S.-assembled automobile in the second year.
  • All other automobile imports will still be subject to the 25% tariff.
  • For instance, if a manufacturer builds a car in the U.S. that has 85% U.S. or USMCA content, the manufacturer effectively will not owe tariffs on that vehicle’s production for the first year.
  • If a manufacturer builds a car in the U.S. that is 50% U.S. or USMCA content and 50% imported from elsewhere, then instead of paying the tariff on the full 50% of the imported car parts, the manufacturer effectively only pays on 35% for the first year.
• The proclamation sets strict penalties for importers who claim tariff reduction in excess of approved amounts.
• This modified action will more effectively address the threat to national security by reducing reliance on foreign manufacturing, strengthening U.S. vehicle assembly operations, boosting domestic R&D, and creating American jobs, all of which are essential to a strong defense industrial base.

 

[mostlybirch]

"address the threat to national security by reducing reliance on foreign manufacturing" if my eyes could roll anymore they would fall out of my head.

 

[Wrench]

"address the threat to national security by reducing reliance on foreign manufacturing" if my eyes could roll anymore they would fall out of my head.

Considering EVERYTHING is electronic and connected to the internet....and your simple little phone can magically start searching for purple unicorns in the morning if you mention those before bed......do you really want foreign manufacturers creating your hardware and software for anything mission critical?

We're in a huge mess at some facilities because of poor quality Chinese bolts that are not holding up. Ask Boeing how that imported titanium worked out.

It's not complete BS.

 

[mostlybirch]

Considering EVERYTHING is electronic and connected to the internet....and your simple little phone can magically start searching for purple unicorns in the morning if you mention those before bed......do you really want foreign manufacturers creating your hardware and software for anything mission critical?

We're in a huge mess at some facilities because of poor quality Chinese bolts that are not holding up. Ask Boeing how that imported titanium worked out.

It's not complete BS.

its not complete BS, there's usually a little corn kernel of truth buried in there for credibility.

however I was quoting from the "INCENTIVIZING DOMESTIC AUTO PRODUCTION".

 

[Wrench]

Many cars today have camera tech that allows them to function as a perpetual drone. Don't think that tech doesn't get used against us.

 

[MountainTracker]

MSTR has earnings reports today after hours. I believe this is the first time they will be able to include BTC on their balance sheets.

It will be interesting to see how that plays out in that area today. Btc up, MSTR up 4%, msty and etfs up 2.5%.


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