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The IRA was in the red at .09% on Friday. Players in the green were ALVIX, THOPX, FMIEX, and VNLA. Debbie Downers were EISIX and FMILX, though they weren't the only losers. Several players watched from the bench.
For the taxable, participation trophies go to FDFAX, RDIV, VMNVX, VEIRX, DODGX, GLFOX, FDVV, and SEQUX. The whole shebang was off .54% for the day.
Yes. I do have the sort of sprawling portfolios that M* Christine would just love to gutsimplify.
I have made some progress with the IRA. Really. It just looks like the number of funds is creeping up since I cleared it out in the spring.
FPFIX and VDIGX gained 0.10% and 0.03% respectively while BBBIX was flat. Everything else— six additional funds and one individual stock—declined in value.
My worst was TSNIX, a long term favorite, at -2.88%. Followed by other tech, industrials & energy.
My best was CL (5.92%, T (4.30%). Followed by mainly consumer staples.
My total portfolio was down .43% - equal to the S&P. I have a lot of tech. My individual stocks, 11% of total portfolio were basically flat. Seemed like a classic flight to safety.
My plan is to lower my tech/growth allocation in 2026, this seems to support that intention. That money may go to PM, SMIDs and INTL.
Hey,@Derf. I bested your .56% loss with only a .55% loss for the day. That loss is exaggerated a bit however because two or three fixed income funds declared end of month dividends Friday, reducing share price proportionally. That "doughnut" money will be reinvested automatically next week. Suspect you might also have some fixed income funds that did the same.
Sure, with 10 CEFs and now 18 individual stocks there were several bright spots. I'm gradually adding to the stock basket which was up .31% Friday. Some consumer staples stocks did well as they're sometimes viewed by investors as safe havens in rough markets.
Up modestly for the day with my largest fund holding SCHD +1.53%. Lots of dividend payers and short term bonds up as well. ABBV, T, BTO, PRU, all >1%. Foreign stock holdings took a 1% haircut.
PRFCX TUHYX PRCPX SWVXX paid end-of-month dividends and on the face of it, reduced my daily loss by half. No green (black) in sight, here. The "best" performers were down by a penny (PRCPX) and FBP was down by 2 cents/share. ... I have a limit order in, to sell all of FBP. Too volatile! Despite all the "experts" saying the stock is a BUY. I've owned it for a while now, and it's a roller coaster. No, thanks. I'm seriously considering replacing it with EWJV (Japan Value iShares.) 5% 12-month yield. Am I reading that right? https://www.morningstar.com/etfs/xnas/ewjv/quote
Friday was strange: 1. Nomination of the new FED chairman, Kelvin Warsh 2. Dollar strengthen against major currencies after it lost 10% in 2025 3. Precious metals and mining stocks lost over 10% and >10%, respectively 4. Tech stocks trailed value stocks
YTD gain of our conservative portfolio was modest and that is good enough for us.
The pullback continues for next Monday. Here is the future market : 1. All global stock indexes are red. 2. Spot price of gold is falling below $5,000 an ounce 2. Oil is falling back to $61 per barrel 3. US dollar is rising to 97 against major currencies 4. 10 years treasury price is rising and the yield fell (inverse relationship) https://finviz.com/futures.ashx
The following information was published by the WSJ at 2:55 AM ET. Markets might be "interesting" on the first trading day of February. Place your seats in the fully upright position and fasten your seat belts.
Stock futures sank early Monday. Nasdaq-100 contracts led declines, dropping more than 1.5%. Global stocks retreated, with the Kospi index in South Korea shedding about 5% and Hong Kong's Hang Seng losing more than 3%.
Friday's dramatic reversal in metals extended, with gold and silver facing fresh pressure. Most-active gold futures dropped below $4,500 a troy ounce and silver stood under $73 an ounce.
Cryptocurrencies were also on the defensive. Bitcoin traded below $77,000.
Not doing anything big with new money to equities or PMs at this time. Except periodic 401K contributions. I am waiting for a better entry point on PMs. And will only add to equities on a fairly steep pullback. I even have my Roth contributions for 2026 staged in Roth MMF for now, however small that is, relatively speaking. Someone or something is going to cause a pullback eventually IMHO. I am going to remain patient. I might even sell some equities if things appear too toppy. And raise even more cash.
But, I did move some money from U.S. large and U.S. index to INTL and SMID. Roughly 4% of my portfolio, split between INTL and SMID. Better a bit late than never, based on perceived momentum and YTD numbers.
You mean like a cabaret show in a casino? Place your bets! Still waiting for the main act to show up, though.
Currently, US equity markets are only a few % off the index highs.
"...you just ain't seen n-n-n-nothing yet."
More like something you might have seen if you watch old musicals.
One of my dad's first gigs after WWII was warming up the audiences, and then em-ceeing floor shows at a downtown nightclub in St. Louis. He used to say to me "Son, if you ever need to get a laugh, drop your pants." Of course you have to have the talent to make it look like an accident.
I just took a quick look @ Mr. Market & a felt a down draft! Take care out there.
If this continues ... Warsh's tenure as nominee may be short-lived. Maybe Rieder to the rescue?
There were some disappointing jobs numbers and other indicators this morning. Haven't followed too closely. Commodities mostly off. Oil down 3%. Precious metals less precious.
Comments
ORR + .80%
QMNNX +.34%
For the taxable, participation trophies go to FDFAX, RDIV, VMNVX, VEIRX, DODGX, GLFOX, FDVV, and SEQUX. The whole shebang was off .54% for the day.
Yes. I do have the sort of sprawling portfolios that M* Christine would just love to
gutsimplify.I have made some progress with the IRA. Really. It just looks like the number of funds is creeping up since I cleared it out in the spring.
Everything else— six additional funds and one individual stock—declined in value.
Followed by other tech, industrials & energy.
My best was CL (5.92%, T (4.30%).
Followed by mainly consumer staples.
My total portfolio was down .43% - equal to the S&P. I have a lot of tech.
My individual stocks, 11% of total portfolio were basically flat.
Seemed like a classic flight to safety.
My plan is to lower my tech/growth allocation in 2026, this seems to support that intention.
That money may go to PM, SMIDs and INTL.
Sure, with 10 CEFs and now 18 individual stocks there were several bright spots. I'm gradually adding to the stock basket which was up .31% Friday. Some consumer staples stocks did well as they're sometimes viewed by investors as safe havens in rough markets.
https://www.morningstar.com/etfs/xnas/ewjv/quote
But Barron's tells me the yield is just 1.54%. What gives?
https://www.barrons.com/market-data/funds/ewjv?mod=searchresults_companyquotes&mod=searchbar&search_keywords=ewjv&search_statement_type=suggested
1. Nomination of the new FED chairman, Kelvin Warsh
2. Dollar strengthen against major currencies after it lost 10% in 2025
3. Precious metals and mining stocks lost over 10% and >10%, respectively
4. Tech stocks trailed value stocks
YTD gain of our conservative portfolio was modest and that is good enough for us.
Finally some volatility in the cards?
1. All global stock indexes are red.
2. Spot price of gold is falling below $5,000 an ounce
2. Oil is falling back to $61 per barrel
3. US dollar is rising to 97 against major currencies
4. 10 years treasury price is rising and the yield fell (inverse relationship)
https://finviz.com/futures.ashx
Markets might be "interesting" on the first trading day of February.
Place your seats in the fully upright position and fasten your seat belts.
Stock futures sank early Monday.
Nasdaq-100 contracts led declines, dropping more than 1.5%.
Global stocks retreated, with the Kospi index in South Korea shedding about 5%
and Hong Kong's Hang Seng losing more than 3%.
Friday's dramatic reversal in metals extended, with gold and silver facing fresh pressure.
Most-active gold futures dropped below $4,500 a troy ounce and silver stood under $73 an ounce.
Cryptocurrencies were also on the defensive.
Bitcoin traded below $77,000.
PM are still in red. A pullback is healthy in the long run. Lots of balls were in the air last Friday and the market is adjusting accordingly.
But, I did move some money from U.S. large and U.S. index to INTL and SMID. Roughly 4% of my portfolio, split between INTL and SMID. Better a bit late than never, based on perceived momentum and YTD numbers.
Currently, US equity markets are only a few % off the index highs.
"...you just ain't seen n-n-n-nothing yet."
One of my dad's first gigs after WWII was warming up the audiences, and then em-ceeing floor shows at a downtown nightclub in St. Louis. He used to say to me "Son, if you ever need to get a laugh, drop your pants." Of course you have to have the talent to make it look like an accident.
There may be a toll to pay for that.
There were some disappointing jobs numbers and other indicators this morning. Haven't followed too closely. Commodities mostly off. Oil down 3%. Precious metals less precious.