Yeah, it’s Friday alright.
Well, as I expected the stock market went to heck today. Mostly all those stocks that had the huge gains last week and through the earlier part of this week had huge drops. Not as much as what they gained but still pretty significant.
We were doing nicely as you can see since around the 4th of May. They all looked pretty much like this chart above. Rising up and up and then down. Not as far down as it came up though, so that’s good. I’d hate for my Micron stock to go back where it started!
Interupted
I was interrupted last night when I started typing this, so I am now typing on Saturday. May 16, 2026. I had to go help my wife with something and just didn’t get back to the computer. No worries.
The president went to China
The big news this week was the visit that the president made to China, and while we all hoped that he’d come back with some good news, it seems like it was just a “getting to know you” visit or something. He took a bunch of CEOs from a bunch of companies including his old buddy Elon Musk. I have to say that Elon looked a little stoned while he was there. A lot of companies and financial people were represented, as well as Pete Hegseth and Marco Rubio.
Basically, that meant that nothing was being done with Iran so that is still at a stalemate. There have been more strikes in Lebanon and Gaza too, but they say that the ceasefire is still in place. I thought a ceasefire meant that you didn’t fire on each other anymore, but I guess it just means that you just do it a little less than before. But that means that gasoline is still going up and so is everything else. That includes stuff that doesn’t have anything to do with oil, like insurance. Inflation will probably hit 4.0 this month. It was 3.8 in April. Money is just leaking out all over the place.
Investments
I didn’t do much this last week. I did a 25 dollar drop into my ETFs and this time I put it into XSHD which is my small cap ETF. They all dropped on Friday evening too. So did my Mutual Funds. I did spend a time putting in my stocks and quantities and cost basis into the My profile part of Yahoo finance. Then I found this cool bit at the bottom of the list that showed me the allocation of my holdings by ticker.
I think it’s interesting that I hit all 11 of the sectors. I wasn’t trying to but somehow, I made it. That’s pretty cool. I have to see if there is a way that I can get new purchases from dividend payments to be added automatically. It does watch for them, and list them but it doesn’t put them into the stock line easily. I also think it doesn’t do the LLP or Royalty Trusts because I got a dividend payment from ERP and it didn’t show up. I guess if you don’t get a 1099-DIV but get a K-1 instead (tax forms) it doesn’t show up as a dividend in Yahoo.
I am pleased to say that continuing to buy into Ford worked out well so far. I was getting additional stock as the prices were falling and then when it went up, it went further than it had before, so I was satisfied. Now if I could only get some of the others to do that.
I did notice that I tend to spend more time looking at my losers than my winners. I think that’s because they show up in RED in my spreadsheet. It catches my eye. I need to pay more attention to the winners though. It doesn’t matter that much really that some are down. I’m just waiting for the rest of the investors to find out how good those companies are.
