My stocks came back today from their low of the day.....but....still a small....big loss for them today. A single GREEN stock for me...GOOGL....although NVDA nearly got back to the green by the close. My stocks also los tout to the SP500 today by....0.68%.
Considering the day last Friday and today......and....considering the illustration above....I am feeling pretty good about being at......+5.6%.....year to date, in my entire account, as of the close today. I have lost a bunch of my "cushion"...but I am still positive.....so far. BIG EMPHASIS on the phrase....."so far". ONWARD AND UPWARD.....and in honor of the SpaceX IPO on Friday....TO INFINITY AND BEYOND.
I will MISS the open today for a routine blood draw. BIG WHOOP. Since my stocks and funds just sit there and do nothing....I dont really care.
YES...it is rare to see anything in the news about this......YAWN. Latest Tariff Threats Lack Terror for Markets Markets have seen this movie before. https://www.fisherinvestments.com/e...latest-tariff-threats-lack-terror-for-markets
Some performance data for "funds". Over the past seven years it looks like many on here have done the IMPOSSIBLE. The Diversification Test https://awealthofcommonsense.com/2026/06/the-diversification-test/ ....."Starting in 2021, there were basically no funds that remained in the top quartile 3, 4 and 5 years later. Less than 10% of funds could stay in the top half of performers for five consecutive years. So you have to get used to the fact that nothing and no one can outperform the markets on a consistent basis. This is what makes active management so difficult. Stock-picking is hard, but it might be even harder to pick the managers that will outperform the market.".....
YES....probably true. We are definately going to see the HUGE IPO's that will come up this year....cause selling of the big cap tech and AI stocks. SpaceX fever is testing the chip trade: Chart of the Day https://finance.yahoo.com/markets/a...he-chip-trade-chart-of-the-day-100000045.html ....."The concern is that the next wave of mega-IPOs could drain cash from the trades that have already run. That fear showed up in the tape Tuesday, when the Philadelphia Semiconductor Index (^SOX) sank nearly 9% at the lows before a late-day rally cut the loss to 1.9% by the close.".....
YES.....there are STILL some earnings happening right now. Oracle to report Q4 earnings amid AI trade jitters https://finance.yahoo.com/sectors/t...earnings-amid-ai-trade-jitters-221337653.html
A perfect example of where we are right now....ALL NEWS....is.....BAD NEWS. NOTHING is a positive for any business especially tech. Yes.....INSANITY....but that is the current reality. Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders https://www.cnbc.com/2026/06/09/super-micro-stock-tumbles-on-7-billion-financing-plans.html
i will miss the open today.....but....the futures are not looking very....HAPPY. Dow, S&P 500, Nasdaq futures sink as techs slide, US-Iran truce teeters https://finance.yahoo.com/markets/l...hs-slide-us-iran-truce-teeters-215056429.html
Wish I had your optimism, well maybe I'll catch it lets see......after a couple down days......I got nothing ................. Down again this morning, but it seems to be fighting back................. Big talk about a ROTATION out of AI , CHIPS etc . Everything that made my accounts flyers this and last year. I see it initially ..... BUT we'll see ...... I say they all come back to MEGA caps and chips ........
Down a little at the opening, fought back for an hour ......... 10:00 am Pacific DOWN Periscope .........1.43% Just went SLIGHTLY negative for the PAST 30 DAYS ...... Down 4.75% from my ATH June 2nd These are big moves ..... in the short term ...... BUT, In the big picture, it's not that big of a deal, IF , IF I wanted to do something , what would I do ? Rotate to what ? And who wants to take a bunch of capital gains ? Washington has the new tax on gains over $200K In the end I'm going to do the best thing I can do....... NOTHING !! I'm going to take a nap ........
Perhaps I should take a NAP also. I am down today...of course. NVDA is down BIG...again...for no reason. I have five stocks RED and two GREEN...COST and AAPL.
I'm just going to let this sort itself out. I think the pain will continue through the end of the week.
WELL....another big loss for my stofks today....in spite of a couple of them being GREEN....COST and AAPL. And I got beat by the SP500 against my stocks to top it off......by 0.42%. BROTHER and WHATEVER.
Not relevant to much....but....something I had no knowledge of. Copernicus at 500 https://libertarianinstitute.org/articles/copernicus-at-500/ "Famed for his contributions to the hard sciences—most notably his theory of heliocentricity—the sixteenth-century astronomer Nicolaus Copernicus was also an acute analyst of monetary policy."....
YEAH...you tell them. STOP BLAMING THE BABY BOOMERS FOR EVERYTHING The silent revolutionaries Babies don't create public policy https://scottsumner.substack.com/p/the-silent-revolutionaries
HERE.....is a nice little analysis of the May CPI data. MAY CPI: NO CLEAR SIGNAL IN VERY MIXED DATA https://assets.realclear.com/files/2026/06/2898_cpi_10.pdf
YES....the PPI is out and do I care? NO. It is a very time specific report based on...oil, oil, oil. AND.....I dont care about this kind of "stuff" when it comes to investing. Since I am NOT a trader dont care much about short term, current, economic conditions. AND....there is no way I am going to try to guess the future of this sort of data and how it might impact my stocks or funds......and than....try to trade my way around it. It is bad enough that this sort of DRAMA TOPIC......(like the FED and other issues).....has come to dominate the financial news. I guess I would prefer to see the financial media focus on real business, investing, trading, fundamental business issues and results, investing styles and analysis, etc, etc, etc. YES....I know this is not going to happen we are way beyond that point and never going back.
Speak of the DEVIL. Wholesale prices rose 1.1% in May, more than expected, on surge in energy https://www.cnbc.com/2026/06/11/producer-price-index-may-2026-.html
