THE PROPOSED TAX PLAN [obviously subject to changes]
Ned Davis Research thinks “Utilities and Materials would benefit the most under the Trump tax plan. Tech and Health Care the least. This excludes any repatriation.” https://pbs.twimg.com/media/DKp6j4QWkAAmgpt.jpg
And “Small-cap tax cut even bigger. For S&P 600 [SML, 600 small caps], an effective tax rate of 20% would mean a 35% jump in EPS. At 15%, EPS would rise 44%. https://pbs.twimg.com/media/DKp6MqSW4AAQoCs.jpg
And they calculate that if the effective tax rate is cut from 25% to 20%, the EPS on the SPX would rise 7%. At 15% effective rate, EPS would jump 14%. https://pbs.twimg.com/media/DKp5wbjW0AA3IJm.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
guess the phantom bar target will be reached within days.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.