2020 Performance

Cumulative return for all positions: 9.4%


Cumulative return for all positions: 16.5%


Cumulative return for all positions: 12.4%


Cumulative return for all positions: 12.4%


Cumulative return for all positions: -0.0%


Cumulative return for all positions: 12.8%

SPECIAL NOTE ON THIS MONTH'S TRADE: Wall Street continues to push higher, bringing the NASDAQ to record levels and the S&P500 positive on the year. Tech has been leading the rally as shutdowns have not effected them as much as economists first thought. A possible bubble may be forming as traders compare the current trading environment to 1999, just before the tech bubble burst. Unfortunately, we won't know until it actually happens. Until then, we look to continue climbing higher.


Cumulative return for all positions: -6.2%

SPECIAL NOTE ON THIS MONTH'S TRADE: The US has seen a spike in coronavirus cases this past month and there are many theories as to why. Was it due to reopening, riots and protests, more testing? Why does the CDC recommend adults to wear masks but not children under 2? Won't they be vulnerable just like any other person? Could they be asymptomatic and spread the virus to adults? Unfortunately, we will not know for sure until sometime in the future. Despite this, Wall Street has stayed somewhat stable. We have not re-tested the lows, nor have we hit record highs again. We'll need something significant, either way, before we hit those benchmark levels.


Cumulative return for all positions: -1.8%

SPECIAL NOTE ON THIS MONTH'S TRADE: As the world reopens businesses, the markets have been pricing in a full recovery. There are signs that some jobs have been lost permanently and that consumers aren't going to be spending as much as before the pandemic. When the federal stimulus ends and the unemployment rate remains elevated, we may begin to see lower earnings and guidance from companies. Many are waiting for another significant selloff and that may not occur until the end of the second quarter.


The DIA position averaged 7.5%
The SPY position averaged 6.4%

Average return for all positions: 7.0%

SPECIAL NOTE ON THIS MONTH'S TRADE: With promising news against the coronavirus, Wall Street shrugged off last month's losses and have recovered a substantial amount. Analysts are focusing on next year's earnings and turning a blind eye to the second and third quarters of 2020. We will get a clearer picture on the impact of the global shutdown in the months to come.


The DIA position averaged (13.9%)

Average return for all positions: (13.9%)

SPECIAL NOTE ON THIS MONTH'S TRADE: The coronavirus stole the spotlight during this cycle, sending world markets into freefall. The major averages fell nearly 40% from their recent highs because of the fear. Panic buying of toilet paper spread across the globe. A federal stimulus package is needed to keep the US economy from falling off a cliff. Only time will tell which methods will be successful.


The DIA position averaged 9.9%
The IWM position averaged 10.5%
The SPY position averaged 10.5%

Average return for all positions: 10.3%

SPECIAL NOTE ON THIS MONTH'S TRADE: Coronavirus fears hit the markets, then subsided, then returned. Even though the standard flu virus in the US has killed over 12,000 so far this flu season, the coronavirus has stolen the spotlight. Travel has been banned for certain cities and countries and until we see the stop of it spreading, knee-jerk selloffs may continue. The selloffs have all been short-lived and we should continue to see record highs.


The DIA position averaged (19.2%)
The IWM position averaged 5.3%

Average return for all positions: (6.9%)

SPECIAL NOTE ON THIS MONTH'S TRADE: Record highs became nearly a daily occurrence as the Santa Claus rally continued into the new year. Sentiment is very positive and may push the markets even higher.