By Jeffrey Cohen, Investment Advisor Representative
US Advanced Computing Infrastructure, Inc.
Good morning. Yesterday was a really RED day in the US equities markets and US Corporate and US Treasury fixed income too. The markets are down hard over the past year. We could show charts and graphs to prove it, but you already know.
Year through: 2022-06-13
QQQ: 275.41 339.61
IWM: 170.20 229.25
SPY: 375.00 418.80
SPY Variance: 0.00014462534
Riskfree rate = 1.00%
Actual SPY return = -10.46%
Use floor S&P500 rate = 5.00%
Actual IWM return = -25.76%
Use floor Russell 2000 rate = 5.00%
Actual QQQ return = -18.90%
Use floor NASDAQ 100 rate = 5.00%
Market return = 4.00%
Invest regardless of market levels. When stocks go down, it is a chance to add to positions.
Trade based on the market. Don't fight the trend.
Bulls make money, Bears make money, but Pigs get slaughtered. Trade carefully.
Video coming up!
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