if you have a US only portfolio you are missing the boat.
S+P 500 up 3.50% YTD.
Not 11%
"3m" means 3 months.
meanwhile, the SP500 is right on the 200 day moving average. The SP500 has failed twice at this mark over the last year....maybe this time it will break through.
notably, the other major indices are well above the 200 day moving average - which is another way to say that tech has lagged. Any index without much tech has done much better.
meanwhile, the SP500 is right on the 200 day moving average. The SP500 has failed twice at this mark over the last year....maybe this time it will break through.
notably, the other major indices are well above the 200 day moving average - which is another way to say that tech has lagged. Any index without much tech has done much better.
Markets off to a great start for 2023. Hussmann Strategic, sigh, seems to have reverted to its lackluster (and that is being generous) performance history.
Quick note. With the S&P 500 ticking its upper Bollinger band, kissing the 200-day from below, and within about 16% of most extreme speculative peak in history, "strenuously overbought in a negative Climate" is a fair description here - though nothing decisively rules out more. pic.twitter.com/m5Qqu9ks7N
Earnings Scorecard: For Q4 2022 (with 29 S&P 500 companies reporting actual results), 23 S&P 500 companies has reported a positive EPS surprise and 20 S&P 500 companies have reported a positive revenue surprise.
Turns outi triskaidekaphobia (fear of 13) isn't something that should bother the bulls.
Stocks have gained 8 of the past 10 times and 5 in a row. Since the S&P 500 moved to 500 stocks in 1957, it has never made it to 6 in a row.
History tomorrow?
Born under a bad sign gente.
Hey, gente. Forget that born under a bad sign nonsense. Just Having a Lucky Day.
"Now I'm down a little in fact I'm down a lot I'm on a roller coaster ride that I can't stop Yea my luck has changed but she'll come back That's the beauty of a game of chance I can't loose forever but I'm doomed to try because I keep on hearing a voice inside Players win and winners play have a lucky day (x2) Have a lucky day"
Provided to YouTube by Ryko/RhinoHave a Lucky Day · MorphineB-Sides & Otherwise℗ 1997 RykodiscLead Vocals: Mark SandmanComposer, Writer: Mark SandmanAuto-ge...
Bitcoin up pretty substantially. No clue why. Not complaining.
Thankfully.
My biggest bet is vs. the market -- real bad week for that.
Made much smaller bets mid week in two bitcoin funds which paid off so well I actually ended the week up a few bucks
EM CEFs up big on falling dollar, balancing risk on negative market view. FAX 7% YTD and 17% 3 month; EMD 3% YTD and 22% 3 month. My total return thus far double digits up in each. iLOL.
aaaaand we're failing once again to break above the 200 day. Boring, this is. Igy might be in place once again to make money on his shorts.
4-5% in short term bonds and 8% in short term junk sure sounds good right now.
But we are starting to get some quite negative pieces about the economy. Hard to imagine but we seem to be going from 4% growth to 1% growth, 4Q to 1Q. Weird.
I have continued to add to my shorts on market rises. My view is this is just another bear market rally, giving investors an opportunity to reduce risk, which most will not take.
Seven of eight indexes on our world watch list posted gains through January 17, 2023. This marks the second week straight of gains for these seven indexes, however take this cautiously as there have only been 10 market days thus far in 2023. The top performer is France's CAC 40 with a YTD gain of 9.32%. Hong Kong's Hang Seng is in second with a YTD gain of 9.08%, and Germany's DAXK is close behind in third with a YTD gain of 9.07%. Coming in last is India's BSE SENEX with a loss of 0.30% YTD.
Seven of eight indexes on our world watch list posted gains through January 17, 2023. This marks the second week straight of gains for these seven indexes, however take this cautiously as there have only been 10 market days thus far in 2023. The top performer is France's CAC 40 with a YTD gain of 9.32%. Hong Kong's Hang Seng is in second with a YTD gain of 9.08%, and Germany's DAXK is close behind in third with a YTD gain of 9.07%. Coming in last is India's BSE SENEX with a loss of 0.30% YTD.
aaaaand we're failing once again to break above the 200 day. Boring, this is. Igy might be in place once again to make money on his shorts.
4-5% in short term bonds and 8% in short term junk sure sounds good right now.
But we are starting to get some quite negative pieces about the economy. Hard to imagine but we seem to be going from 4% growth to 1% growth, 4Q to 1Q. Weird.
added to position in short term junk bond etf (SJNK). I think I got in in-time as regards to ex-dividend date, but having a hard time finding exactly when it is this month.