Lucky 8, grade B

Another up month, up about 8% for the May option cycle. My self-grade for the month is B. I am still down more than 50% for the year. That’s the unfortunate math of suffering a large loss. It takes a 200% gain to recover from a 67% account loss. Eight is considered a lucky number by many Chinese. Two up 8 percent months in a row are welcome.

Here are some etfs 2020 year-to-date:

TLT +23.1% US 20 year treasuries
GLD +14.7% gold
QQQ +5.0% Nasdaq100 mostly US tech stocks

SLV -3.3% silver
SPY -11.1% SP500 US large cap stocks

EEM -19.7% Emerging market equities
IWM -24.6% Russell 2000 US small cap stocks

My account down about 50% for the year because of the March losses.

Notable is the QQQ is now up for the year. SPY was about flat for March. Emerging market stocks and US small cap stocks still down for the year. Gold and long term treasury bonds continue to lead for the year.