NOW DOWN 8 WEEKS IN A ROW.
YEAR-TO-DATE 2022:
> DJIA:
(14.55%)
> Nasdaq:
(28.28%)
> S&P 500:
(18.66%)
> Bitcoin:
(39.84%)
The technical indicators are ugly, suggesting the downward spiral continues
Let's see what happens next week.
I suspect we see a 9th week in a row.
Excuse me but I have commented openly in this thread that my stocks are down just like about everyone else is.
I don't lie and hide as you do from adversity!!
In addition, as I have stated before I am currently over 50% in case, which is better than being 100% invested.
When the market turns as it always does, my investing firm will be in a great position to take advantage of the current prices.
Also as stated earlier, I made some nifty short term profits by buying back some covered calls today.
Bst of all Churchill Management which manages the bulf of my case is down around 8% for the year.
Compare that to the general market which is down around 20%!!
And just as importantly when you root for the market to go down so that I will lose money, don't forget that you are also in
effect rooting for millions of people to lose money in their 401K and other investments; lots and lots of those
are also Trump supporters and/or Republicans!!
In short be careful what you with for!!!