"Recap April 4" ~ higher

"Another rangebound session saw the S&P 500 finish higher by 0.2%, near its best levels of the day, while Treasurys also finished little changed with the 10-year yield settling at 2.51%.  Commodities and the dollar both finished higher, with the CRB Index rising for a fifth straight session despite weakness in crude as WTI fell back to $62 a barrel.  The VIX finished below 14." 

They say that it takes 10 years to become an overnight success.

We can compare investing to being an airline pilot: 90% of the job is uneventful to the point of automation, and 10% of the job is terrifying and requires complex skills and a flawlessly calm demeanour. "Nothing happens, then everything happens." Is life really all that different?

We all go through hardships. We all go through stress. But, we also experience periods of relative calm. It’s the shift between these states that make life interesting and at times difficult.

What would life be without struggle and overcoming obstacles? They say that it takes 10 years to become an overnight success. Don’t forget this as you approach each and every day. "Nothing happens, then everything happens." 

"Recap April 1"

"The second quarter started in familiar fashion, as stocks raced higher with the S&P 500 gaining more than 1% and the financials index tacking on nearly 2.5%. Treasury yields likewise ripped higher across the curve, with the 10-year back to 2.5% from less than 2.38% on Wednesday, and commodities also enjoyed a strong rally with the CRB Index gaining 1%.  WTI crude finished near $62 a barrel and is up by 42% from the Dec. 24 lows."

 

SPY, end of quarter.

                                                    The trend is still up, no hedges on.