Week 50 - Friday, Dec 13 - Investments Moves
- Current US Market Condition as of 11:30 am EST
- Dec 13 - Not so scary trades for today.
- SP500 and QQQ
Current US Market Condition as of 11:30 am EST
The market is on a three week uptrend and we might end up having a down week for the SP500 index. This market is on FIRE and mostly ONE direction with over 56 or so RECORD this year. I will think we will go UP still from here.
Dec 13 - Not so scary trades for today.
I have not posted my trades for the last few days because I was busy with a client that pays for my time. I have some open "limit" orders that triggered and wanted to share my trades. I usually post within the hour of my trades, but when I am not actively trading, I will post when I get back into the groove.
Earlier this week, I got some dividends paid out to me. My focus is to sell dividends and put higher risk security. I was buying QQQ back in June 2024, and recently, I switched to BITCOIN, to increase my exposure. Today I continue this pattern by selling RTX (since it paid a dividend this week) and I purchase 4 shares of BITO.
SP500 and QQQ
The last 15 years have seen the RISE of low-cost ETFs that follow the indexes. The two most popular are the S&P500 and the QQQ. Both have had awesome returns since the GREAT RECESSION (2009-2011).
However, the S&P 500 is now about 33% Tech (because of the growth from the Mag 7 and top 10 stocks). The Nasdaq 100 has more TECH stocks and the HIGH growth in that area has help the QQQ outperform the SP500. For those that want less RISK, might want to look into the equal weighted SP500 Index. Each company hold about the same "weight" in the ETF.
Have a profitable day.