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Managed portfolio up 195% YTD
SQQQ 5612.37 shares x $59.07 = $331,522
Beginning portfolio $112,500
wadegarret: TQQQ
I messed up yesterday buying this ETF at the high for the session in the morning--around $21. It was looking good, then the tech selloff resumed. IMO, some of the tech stocks are WAY too cheap--NVDA and AAPL to name two.
The average correction that's happened after a
500% bull market run on the DJIA since 1929 has been 68%. Not counting 1929 to 1932 correction, the average has been 61%. The average number of years per correction from peak to trough was 6.5 years. So now that the DJIA went up around 475% from 2009 to 2022, will we get the 5 th huge correction of the last 100 years ? If we do, history says it'll likely be around 60% off the DJIA from peak to trough
Being that the DJIA was 36800 at it's height, taking 40% of that would bring it down to 14720. For the S&P, the high was 4790, so 40% of that would be 1916. Both numbers sound plausible to me. As far as the 6.5 years average for prior corrections, the 1966 to 1982 one should maybe be discounted, and if so, then the average for the other 3 were 3.3 years. That sounds more likely to me, but who knows.Either way, I believe there is a 50/50 chance that this will be the 5th major correction since 1929, and that a new bull market will happen at earliest by mid 2025.
What to play in the next bear market rally ?
Any suggestions on some hugely whacked high beta plays ?
Managed portfolio up 206% YTD
SQQQ 5612.37 x $61.32 = $344,150
Beginning portfolio $112,500
Managed portfolio up 180%
SQQQ 5612.37 x $56,26 = $315,752
Beginning portfolio $112,500
buy SQQQ $51.71
Buy 5612.37 SQQQ @ $51.71= $290,215
Sell SQQQ @ $52.36 ah
Sell 5542.71 shares x $52.36 = $290,216
Portfolio performance YTD up 142%
SQQQ 5542.71 x $49.12 = $272, 258
Beginning portfolio $112,500
Correction on last post
Should have 5542.71 shares SQQQ, not 5547
Correct math was $228,526/$41.23 = 5542.71
Buy SQQQ @ $41.23 pm
Buy SQQQ 5548.02 x $41.23 = $228,745
Portfolio performance up 103% YTD
SQQQ 5467.15 x $41.84 = $228,745
Beginning portfolio $112,500
Sell SQQQ @ $41.80 AH
Sell 5467.15 x $41.80 = $228,526
Managed portfolio up 129% YTD
SQQQ 5467.15 x $47.23 = $258,213
Beginning portfolio $112,500
Managed portfolio up 103% YTD
SQQQ 5467.15 x $41.86 = $228,855
Beginning portfolio $112,500
portfolio performance YTD up 78%
SQQQ 5467.15 x $36.66 = $200,425
Beginning portfolio $112,500
Correction on last post
Meant buy SQQQ 5467.15 x $33.67 = $184,079
Buy SQQQ @$33.67
Buy SQQQ 5471.96 x $33.67 = $184.241
Managed portfolio performance up 64%
SQQQ 5373.02 x $34.29 = $184,241
Beginning value $112,500
Sell SQQQ $34.26
Sell 5373.02 x $34.26 = $184,079
Buy SQQQ $35.17
Buy SQQQ 5373.02 X $35.17 = $188,969
Sell SQQQ @ $36.34
Sell 5200.04 shares SQQQ @ $36.34= $188,969
Managed portfolio performance up 73% YTD
SQQQ 5200.04 x $37.38 = $194,377
Beginning portfolio $112,500
Managed portfolio performance YTD up 84%
5200.04 SQQQ @ $39.85 = $207, 221
Beginning portfolio value $112,500
Buy SQQQ @ $45.52
Buy SQQQ 5200.04 @ $45.52
Sell SQQQ @ $47.92
Sell SQQQ 4939.61 x $47.92 = $236,706
Buy SQQQ $48.45 ah
buy SQQQ 4939.61 = $239,324
Math mistake on last post
Meant sell 4874.21 SQQQ @ $49.10 = $239,324
Sell SQQQ @ $49.10
Sell 4892.08 x $49.10 = $240, 201
Buy SQQQ @ $49.28
Buy SQQQ 4874.21 x $49.28 = $240,201
Sell SQQQ @ $47.37 ah
Sell 5070.75 @ $47.37 = $240,201
Buy SQQQ @ $46.70 ah
Buy 5070.75 SQQQ @ $46.70 = $236,804
Sell SQQQ @ $47.19
Sell 5018.10 x $47.19 = 236,804
Managed portfolio performance YTD up 105%
5018.10 x $46.08 = $231,234
Beginning portfolio value $112,500
SQQQ buy @ $45.48
SQQQ buy 5018.10 @ $45.48 = $228,223
TQQQ, sell @ $30.09/HZNP sell @ $85.38
TQQQ, sell 5201.78 shares @ $30.09 = $156,522
HZNP sell 839.91 shares @ $85.38 = $71,711
Total proceeds = $228,223
TQQQ, sell @ $30.09/HZNP sell @ $85.38
Managed portfolio performance YTD up 85.5%
Total of TQQQ and HZNP = $208,673
Beginning portfolio $112,500
Present portfolio
TQQQ 5201.78 shares
HZNP 839.91 shares
Sell 2600.89 TQQQ $26.61/Buy HZNP @ 82.40
Sell TQQQ 2600.89 x $26.61 = $69,209
Buy HZNP 839.91 shares @ $82.40 = $69,209
TQQQ buy @ $26.59
Buy 7802.67 x $26.59 = $207.473
Sell SQQQ @ $54.54
3804.07 x $54.54 = $207,473
Buy SQQQ @ $56.44
Buy SQQQ 3804.07 shares @ $56.44 = $214,702
Sell SQQQ $55.61 ah
Sell 3860.85 @ $55.61 = 214,702
Buy SQQQ @ $52,83
Buy 3860.85 shares x $52.83 = $203,969
Present portfolio & correction
Cash $203,969 Was off by $20 in last post.
Sell SQQQ ah @ $50.02
Sell 4077.75 x $50.02 = $203,989
Portfolio performance YTD- up 80%
SQQQ 4077.75 shares x $49.66 = $202,501
Beginning portfolio $112,500
Buy SQQQ @ $50.38
Buy 4077.75 x $50.38 = $205,437
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