YEP.....keep the mood up RG. Sooner or later we will break out and there will be a lot of pent up positive company news that will drive a nice big rally.
For any that are DISCOURAGED.....at this time last year.....April 1......I was DOWN by (-10.4%). In comparison this year is looking pretty good right now....although I might be back down there by about April 1. BUT....on the other hand look at how we ended the year last year in spite of the early year LOSSES. I am STILL out there....waiting to once again.....RIDE THE WAVE.
So, for the SP 500 at the moment. Drawdown from the ATH. S&P 500 Drawdown Metrics Last Closing Price 6506.48 All Time High 7002.28 Lowest Price Since All Time High 6473.52 Drawdown At Lowest Price Since All Time High -7.55% Gain From Lowest Price 0.51% Gain Required to Reach All Time High From Current Price 7.62% Gain Required to Reach All Time High From Lowest Price 8.17%
A..... POSITIVE....little black swan event so far today. Thanks to news about Iran today. We will see if this pans out over the next 5 or so days. Dow jumps 800 points at the open after Trump says U.S. and Iran have held ‘productive’ talks https://www.cnbc.com/2026/03/22/stock-market-today-live-updates.html
I like this little article. Why “War Winner” Trades Are Off Base Investing is about knowing what others don’t. https://www.fisherinvestments.com/e...commentary/why-war-winner-trades-are-off-base "Overall, making big moves based on widely known and unpredictable information is likely to prove a mistake. In our view, markets reward discipline and patience—not blindly or emotionally trying to time portfolio moves."
Are you GenX? How do you stack up. My kids are both MILLENNIALS. Both are early MILLENNIALS...with my son being in the first year of the definitions. How Gen X wealth compares by age group The median net worth varies significantly by age group. https://www.usatoday.com/story/money/2026/03/19/gen-x-net-worth/89232222007/
To continue the theme above. 'The thing I really want to emphasize is that nobody knows' https://www.tker.co/p/stock-market-whipsaw-amid-iran-war-uncertainty "From a markets perspective, I think we’ll know the worst is behind us only far in hindsight."
And more on the theme above. Ignoring the Noise is Impossible https://awealthofcommonsense.com/2026/03/ignoring-the-noise-is-impossible/ "......I asked the client what they thought about the situation. I haven’t really been paying attention. I have too many other things going on in my life and work right now. That was music to my ears."
BUMMER......but what do I care.....I was able to get in my 58 years in music. Not my problem. Human musicians are doomed https://klementoninvesting.substack.com/p/human-musicians-are-doomed
Sounds good to me. BlackRock's Fink warns AI boom could widen wealth divide without broader participation https://finance.yahoo.com/sectors/t...ackrock-ceo-fink-backs-staying-115903674.html "The massive wealth created over the past several generations flowed mostly to people who already owned financial assets," Fink said in his annual letter to shareholders. "Now AI threatens to repeat that pattern at an even larger scale." "Although more individuals have entered markets in recent years, participation is still modest, particularly in equities and other traditional assets linked to wealth creation."
I am not going to post any of the articles.....but.....the FED ASSES are out there today fear mongering inflation. RIDICULOUS.
I have to leave soon for my wife's follow up stent appointment. she is doing just fine....ZERO concerns or symptoms. Amazing technology.....what can be done in the current Cath-Labs.
Well, it appears I am a day late and a dollar short, as the saying goes. My little stash of deployment cash was all ready this week...LOL. You just never know when something may change direction.
Nice little article discussing some of the current environment and some in the past. A couple of other good lines from it. We could apply these to just about any event....past or present. “The most destabilizing risks are the ones people aren’t talking about.” “The thing I really want to emphasize is that nobody knows.” "Erratic market behavior in response to a flurry of conflicting headlines is not new." “The first draft of history is typically emotional, rarely accurate, and often conflicted.”
I dont want to focus too much on the short term today....but....what we are suddenly seeing out of the blue today is why...... when I have money available....I simply put it....all in all at once. I NEVER try to time the markets. I trust the academic research that tells me putting that money into the markets WILL provide thee best return over the long term.
As mentioned, looks like the markets liked the "news" of a possible resolution. Time will tell. Way too much can change at any given time with this one.
Yes, I thought I would put my little extra stash in this week and BOOM. My regular contributions have been going in steady, so at least there is that. No changes with it.
The US/China trade and business investment continues. Despite what we may think. The US and China are going to continue this relationship in some form or another. The big US businesses are simply not going to walk away and discontinue investment there. Too much $$$ at stake. https://www.cnbc.com/2026/03/23/apple-eli-lilly-us-china-market-push-trade-truce.html
For those that like a good conspiracy story. Coincidence? Suspicious? Normal? https://www.cnbc.com/2026/03/23/vol...inutes-before-trumps-market-turning-post.html