I was hoping that my "feelings"....about the markets this week would not be in line with reality. BUT......NOPE.....I had a real CRAP week in the markets. Last week at the Friday close my entire portfolio was at year to date......+28.07%. Today I am at a year to date for my entire portfolio of......+25.77%. AND....the drop and BS market this week happened as the FED gave us another rate cut. Of course....the Ten Year Yield was UP significantly today to.....4.188%. Rate cut....what rate cut. Apparently when the FED is cutting rates...the big banks, credit card companies, etc, etc,etc....dont care and neither do the Treasury yields.
HAVE A GREAT WEEKEND EVERYONE.....get out there and shop.....only about 1.75 weeks left for that Christmas and Holiday shopping.
The DISMAL close today. At least we now get a break for the next couple of days. S&P 500 retreats from record Friday, closes down for week as investors rush out of AI trade https://www.cnbc.com/2025/12/11/stock-market-today-live-updates.html “The same things don’t outperform in markets month after month after month for forever, so this is normal,” Ellerbroek also said. “It’s to be expected, but it is unwarranted.”
I did get a bit of good news today. I have had a pending legal claim for about 3 years now. I got a call from my attorney and it settled for $30,000. SO...I will see about $18,000 after everything is paid for. GREAT....since I was expecting to perhaps clear about $8000. It will take about 30 days to see the money....but my plan....put about $7000 into the SP500 Index.....put about $8000 into 2X LEVERAGE ETF's for NVDA and PLTR for the long term (A WILD and CRAZY gamble with found money). Hold back $3000 for my new tires and vet expenses that we have had recently for the dogs and horses......and for future vet costs that we might have over the next 2-4 months.
