Tuesday, December 21, 2021 -- $96,676.83 (+$7,148.13, +7.98%)
Tuesday, December 21, 2021 -- $96,676.83 (+$7,148.13, +7.98%)
The market went up in a big way today with the DJI up over 500 points. While Omicron seems to be spreading extremely rapidly--now comprising over 70% of new cases in the US, up from less than 1% just three weeks ago, it appears that it may be more mild, and, for vaccinated/boosted individuals, have a very low risk of serious complications. It could be that Omicron is what "ends" the pandemic early by infecting nearly everyone and effectively vaccinating the significant percentage of the population that are anti vaxxers. If so, COVID could move from being something we are fearful of to just being just like the flu where we accept it is a small risk and get a vaccination each year.
CCL and Ethereum followed the broad market up and the portfolio jumped almost 8% today and is back up to above the level at which this blog was started just about two months ago. So, using a 20% decline as a measure of a bear market, this portfolio gone up 20%, dropped 30%,
gone up 20%, dropped 20%, and gone up 20% all within about a 2-month timeframe. Using a 20% decline as a measure of a bear market, this portfolio has experienced 3 bear markets in just the past two months!
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