Mar 252016
 

Last week the S&P 500 rallied and, for the first time in 2016, closed up for the year on Thursday, March 17. One week later, the S&P 500 is back in negative territory for the year. The climb to positive territory was abruptly ended this week on Wednesday when five members of the US Federal Reserve’s rate-setting committee suggested that a rate hike could come as early as April. This ends the five week winning streak for the index. The SPX opened on Monday at 2047.88 and closed the abbreviated trading week on Thursday afternoon at 2035.94, down 11.94 or 0.58%.

Chart_032516_SPX

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Mar 242016
 

drawdownIt has been nearly two months since my last post and I know that readers are wondering what happened to me. Did I blow up my account? Did I jump off a building? Is Aram just another one in the long list of flash-in-the-pan here today, gone tomorrow gurus? I have received countless emails from faithful readers inquiring about where I went. I thank all of you for those emails and concerns. It truly is a comforting thought to know that the work that goes into maintaining this site and writing these posts does not go unnoticed. Those of you that regularly view the Portfolio and Trading Results pages on this website know that I have been actively trading and keeping my positions updated on a regular basis. But what really happened and why have I not been posting the Weekly Portfolio Analysis? That is the subject of this post – the challenges that face many “part-time” traders and the toll that everyday issues in our lives can take on our ability to trade profitably.

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