total market cap is starting to roll over without surpassing the previous high.. lower highs is not good.. the bubble could burst in the next 7 days if we don't surpass the previous all time high.


My beef with the tax code in the US is how complex it is. You shouldn't have to track every single bleeping trade and log it, there should be one flat capital gains tax rate, and the brokerage you use should be able to track all trades all year long and all the gains and losses and come up with a single number for you to use to report to uncle sam, your net gain/loss. This single number can be used to calculate your taxes, instead of having to log dozens of trades and whether they were short or long term capital gains. It's needlessly complex.  If they want to charge day traders more, they should just institute a per trade tax that goes right to uncle sam that's a flat fee the brokerage collects. In any case, they won't change the tax code and I'm still not sure how I'm going to handle the tax mess. I'll worry about it later.