Stocks and bonds move higher on tame inflation indications. The QQQ again leads the way. I do alright, adding a bit to longs, but mostly still on the sidelines. Grade B okay, not great, but way better than being short equities.
Here are some Etfs year-to-date:
QQQ Nasdaq 100 45.0%
SPY SP500 17.9%
GLD gold 8.3%
EEM emerging mkt 3.9%
IWM Russell 2000 2.3%
SLV silver -2.8%
TLT US20 yr -9.6%
Megacap tech is having an incredible year. I tilt that way with my modest equity allocation. My trading account up 21.2% for the year. Better than SPY and all the other ETFs, but looks meager compared to the gains in QQQ.
My trading activity will be next to nothing for the next month. I have other priorities this time of year. I made add a few shares, take a few tax losses. Everyone is different. For me, taking a few weeks off from the market gives me a fresh perspective.
