Most markets stage a modest rally off the lows. I am taking a month long break from trading. I will start back in slowly after the third week of December option expiration.
Here are some etfs year-to-date:
GLD gold -4.8%
SLV silver -10.5%
SPY SP500 -16.6%
IWM Russell 2000 -17.4%
EEM emerging mkt -22.1%
QQQ Nasdaq 100 -28.4%
TLT US20 yr -32.8%
My trading account down about 10%. US bonds the biggest loser on the list. Not one of the ETFs is positive on the year, so any long term investors that have a gain are doing well.
It’s been a difficult year for most. I played defense most of the year. Didn’t do much right, but avoided another catastrophic year.
It is the season to be thankful. Keep in mind that about 40 percent of Americans have no savings, so anyone with money to invest is doing relatively okay. Be thankful. Bless what you have, and it will multiply. Again, I’m taking a month long break from trading. Will reenter slowly after the third week of December.
