The Christmas season is a time for giving.
It’s a time when people tend to be a little more selfless and less selfish – something we just witnessed with one of the greatest gifts of the 2017 holidays…
The Republican Tax Plan.
You know something is good when, finally, both sides of the aisle can agree on something – and agree they did on this one…
And businesses around the globe are ecstatic about it.
We can see examples of this enthusiasm every day when we peruse the various financial sites – or even better – when we check our own portfolios in one of our online trading platforms.
People are excited about what 2018 holds for their financial well being – and they should be – because we may be entering one of the most prolific profit time windows we’ve seen in close to 20 years.
One of the best things about the tax cuts? For the everyday, working American – these tax cuts should put more money in their pockets.
According to multiple sources, under the new withholding tables, the U.S. Treasury says that about 90% of people who get a paycheck are likely to see more in take-home pay – which could show up as early as February.
When people have more money – they spend more money.
It’s just the way it is. And for people who like to dabble in the markets…
Where do you think these investors will put that extra money?
It’s not too far out of the realm of possibility to think that they’ll put that money to good use – not in buying vacations or electronics – but in putting that extra money to work in the markets.
And they’d be crazy not to…
Have you looked at what some of these companies have done since the tax cuts were announced in December?
American Airlines (AAL) is LOVING the tax cuts…
Not only has the airline announced $1K bonuses for over 125,000 of its employees – but the stock has gone on an incredible run – posting double-digit gains over that time.
This is the type of news people like us have been waiting to hear.
But American Airlines isn’t the only company reveling in the tax cuts…
A leader in the aerospace industry, Boeing (BA) has also done very well over the same time frame.
Boeing management announced that because of the tax plan, they’ve allocated $300 million for “workplace of the future” – which includes new facilities, infrastructure, and workforce development – as well as an allotment for some charitable giving.
Again, this kind of announcement is great – but looking at it with an investor’s eye – there’s an even bigger reason to smile…
Because since mid-December, Boeing’s stock has been surging – providing double-digit gains as well!
I don’t know about you – but I’ll take double-digit profits every day of the week…
But of course, not EVERY company has experienced a price surge of any kind, let alone in the double-digits.
AT&T (T) also announced that they would be handing out bonuses as well, $1K for 200,000 U.S. employees…
But that feel-good attitude hasn’t translated to a stock price jump for the company as it has for many others. In fact, AT&T has recorded a 6% loss over that same time period.
There may be light at the end of the tunnel, as AT&T seems to be on the upswing – but only time will tell.
What we can say without a shadow of a doubt is that while there are individuals out there who may not be thrilled with the breaks the new tax plan has given…
Truth be told, as a whole, both the American and World economies seem to love them.
Which is why, as I am so excited for 2018 – both for myself and for GorillaTrades subscribers.
Not to give too much away, but there are a lot of companies that are getting close to hitting ALL of the technical requirements of my proprietary GorillaTrades system – which could be giving GorillaTrades an unprecedented amount of trades over the coming months.
We’d love to have you on board as these recommendations come down the pike…
So please, I urge you, consider becoming a GorillaTrades subscriber now, before Wall Street starts waking up from its winter slumber.
Regardless of joining GT, if there’s one piece of advice I can give you for the coming trading season, it’s this:
Because by all indications – we could all be on the verge of making a lot of money.
“Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.” – Arthur Laffer