SPY, QQQ, IWM all boom ahead this trading month. I thought I was doing well with about a 2.7% gain for the month, but SPY is up around 5% for this option cycle.
Here are some ETFs year-to-date
QQQ Nasdaq 100 28.8%
SPY SP500 25.4%
IWM Russell 2000 18.7%
EEM emerging market -1.5%
GLD gold -3.2%
TLT US20 yr treasury -5.9%
SLV silver -7.4%
My trading account +15.1%. In isolation that would be real good, but the question often is “compared to what?” Compared to index funds it doesn't looks so good. Compared to CDs or bonds, looks real good. The new normal continues for me. Less activity, less exposure, which as expect means lower returns.
Have a happy Thanksgiving one and all. Anyone with money to invest likely has a lot of things to be grateful for. Though, like the market, compared to what can be distressing. Focus on the good and it will multiply.
