Saturday, July 13, 2024

Bulls keep running (early report), grade B-

Bulls keep running. Markets feels stronger than the month indicates, but 2% up in less than a month is strong.

Here are some etfs year-to-date:

SLV silver 23.9%
QQQ Nasdaq 100 20.8%
SPY SP500 17.8%

GLD gold 16.7%
EEM emerging mkt 10.7%

IWM Russell 2000 6.2%
TLT US20 yr -5.0%

My trading account +19% or so. I stay slightly ahead of SPY. Doing so with large cash reserves, is a good result. My buy and hold account is up in the 9% range for the year, because it has more fixed income. TLT, 20 year treasury ETF continues to lag. A pause to refresh would be a good thing and give the bulls more staying power.

Precious metals doing well this year. IWM has a few strong days after a year of under performance.

With more travel on my schedule, not sure how much trading I will do. Right now, I have other priorities. Thank you for reading, enjoy the rest of the summer.