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Hello from the master suite of the Knight Chalet, where I am being pushed to the edge of my bed by the trio of dogs here with me. I wanted to cobble together a post with a few thoughts about the index charts as we’re at the 50% mark on the progress bar of the year 2022. Please find the charts below, with some off-the-cuff comments in the caption for each.
That’s it, ladies and gentlemen. The first half of the year is in the bag, and I stand at a 80.3% return thus far.
How delightful it is that the charlatans, hucksters, and carnival barkers of 2020 and 2021 are dead and buried. Well, that’s not entirely true. They did manage to dump hundreds of billions of dollars of their now-nearly-worthless equities onto simple-minded retail investors afflicted by FOMO. But seeing the likes of the loud-mouthed, crass, stocks-are-easy blowhard pictured below and knowing that his time has absolutely passed gives me a warm, soft glow.
Yet another weed wipe-out. Not that daily pot smokers aren’t, ya know, great guys and all. I’m just a simple chartist and wanted to share another 95% disaster with everyone.
