Friday, January 15, 2021

Small gains, reduced activity B- grade

I start the year cautiously, with small positions, few trades. Self-grade is B-. After the shellacking I took in 2020, I remain gun shy. My trading account is up 0.4% for calendar 2021. SPY up 0.5%, but QQQ down at this point. The bigger story might be the corrections in gold and silver, down substantially from their highs.

Here is the ETF scoreboard for 2021 so far:

EEM emerging market 5.2%
SPY SP500 0.5%
TLT US20 yr treasury 0.1%

IWM Russell 2000 0.0%
QQQ Nasdaq 100 -0.6%

GLD gold -4.1%
SLV silver -6.6%

Here’s to a better year for all.

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