Monthly: Zombie Bull and the Tax Bill, 62-4 Grade B+

Some big losers mar an otherwise stellar month. The near invincible bull market continues to roll for another month. The likely passage of the tax bill brings good cheer to Wall Street.

Here are a few etfs year to date:
EEM +31.9% emerging market equity
SPY +19.2% S&P 500, U.S. large cap

IWM +12.9% Russell 2000 U.S. small cap
GLD + 8.7% gold

TLT + 7.7% U.S. 20 year treasuries
SLV + 0.3% silver

It is a bit remarkable that all are up for the year. IWM was about break even a couple of months ago. GLD and SLV started the year strong and have faded. Perhaps most surprising is a good year for bonds, despite several Fed rate hikes.

My account is up 17.9%, which is nothing to sneeze at. However, it is behind SPY’s bull market year. I haven’t had much time or energy for trading lately. I’m sure readers had remarkably good results this year. I try to remain in learning mode at all times. The market is always evolving.