jamey said:
Brian Earl Spilner said:
I transfered all my after-tax 401k Roth contributions to a Roth brokerage account just about a month ago, and put everything into QQQM / SOXQ / AIQ, but only put in about 40% and left the rest in cash to buy the dip.
Boy did I overshoot those buy limits. Not only it not touch most of them, they've all been left FAR behind.
Dang it. Oh well, the overall returns are actually about on par with the S&P's gain since then, even with most of that in cash.
I got about 22% of my money in the Russell. I figure they'll lower rates this year or next so I'm just waiting for blastoff
I've posted many times why lowering rates is not likely to do what you think it will. Most recently was a couple weeks ago when I discussed the 10-year and 2-year downward setup that's been brewing and what it historically means for markets.
But I would more suggest you look at historical instance where Russell and SPX started diverging away from each other, relative to the shared trajectory they were previously following. It almost always precedes a significant, if not generational, drawdown in both.
What's really striking is that you don't see a single instance where RUT plays "catchup" to SPX after significantly lagging behind in either trajectory or slope.
“Give it hell Heinekandle, I’m enjoying it.”
- Farmer @ Johnsongrass, TX
“No secure borders, no alpha military, no energy independence, no leadership and most of all no mean tweets - this is the worst trade I’ve ever witnessed in my lifetime. ***Put that quote in your quote/signature section HeinendKandle*** LOL!”
- also Farmer @ Johnsongrass, TX (obviously in a worse mood)