Stock Market Investing: 2024 Begins, The Table is Set, Let’s Don’t Overthink it

Stock Market Investing Topics discussed this morning....

Risk Monitor [Market] commentary: The trend is our friend; Confluence/liquidity the trump card 

• Here are the sobering facts that has made me think all weekend…
  • QQQ up 55.53% in 2023 meaning QLD [2X] was up over 110%!?!?!
  • SPY up 26.56% in 2023 meaning SSO [2X] was up over 52%!?!?!
• If our portfolios were not up by these amounts, either with or without 2X leverage, then we are overthinking the investment process and must do better in 2024.
• I’m guilty of overthinking and will do everything in my power in 2024 and beyond to correct this weakness.

Highlighted Action: The importance of working together!

Wanted to take this moment to thank all armrInsiders for helping make 2023 a profitable year for the ARMR Virtual Hedge Fund.

Working together in a community, all pulling on the same oar, trumps trading in a vacuum & makes us all more profitable in obvious ways and in ways we may not readily see.

ARMR Research: The trend is indeed our friend and until the 50 day moving average is broken on SPY QQQ IWM DIA ARKK etc the Risk Monitor will remain primarily Green. We may denote moments of weakness with a change to Yellow but this will be more a sign of a buying opportunity approaching then of an imminent collapse into Red action.