IWM rose by 4.7% this week, while my account rose 3.8%. The loss-floor has risen to -9.9%.
Over the last nine weeks, my account has risen 2% while IWM is unchanged. Progress! But, over the 27 weeks, my account is roughly unchanged while IWM is about 4% higher. Going nowhere!
Financial news: On Wednesday, the US Fed confirmed that they will stop their $500 billion/year money-printing program to prop up the US stock market. Then, the Bank of Japan announced a $700 billion/program money-printing program to prop up, among other things, the US stock market! So it looks like the market has nowhere to go but up because one central bank or another will constantly print money as needed.
|End of week allocations:
123% equities, 48% cash USD
TNA: Doing great! Max-loss will be going to +2.8 on Monday morning.
URTY ¹: Naturally, the market drops just far enough to hit my stop, then zooms higher.
|Buy date||Buy price||Sell date||Sell price||Acct Profit|
|FRED||OC 20||(Skipped)||$14.31||(Not yet)|
|TNA||OC 16 11:00||$59.41||$59.21||(Not yet)|
|OC 20 11:00||$61.09||$61.15|
|URTY ¹||OC 23 11:00||$75.61||$75.73||OC 27 10:00||9:31||$73.96||$73.94||-0.33%||-0.77%|
|(Nope)||OC 24 12:00||$74.89|
|(Nope)||OC 24 14:00||$75.21|
|URTY ²||OC 28 13:00||12:00||$79.36||$79.03||(Not yet)|
FRED: Skipped this buy because I thought the market would go down. But it didn’t. Would be up +1.2 by now if I had bought it!
UWM: “Buy” signals all week, but I didn’t put in the purchase orders and they wouldn’t have triggered anyway. Another “buy” signal for Monday, but there’s no way it will trigger so I won’t bother.ATML: “Buy” signal for Monday. I think I’ll put in the order for this one.