Monday, November 5, 2012

Trading portfolio update for week ended 11/2

It has been two weeks since I provided an update on the performance of the trading portfolios, as my preparations for Hurricane Sandy did not allow for much time for do any posts. Since 10/19, both the long and short trading portfolio investment have remained unchanged. As a reminder, the long and short public profiles can be found here and here, respectively. In addition, these portfolio represents recommendations that I have publicly stated. 

The long-trading portfolio finished the week at a value of $11.45 or gaining 0.8% since 10/19. This compares to a loss of 1.3% on the S&P 500 over the same time period. The blue line in the graph below represents the long trading portfolio while the green line is the S&P 500 and the brown line is the NASDAQ.

graph of fund vs. market indexes

The portfolio is currently composed by long positions in coal stocks, the Proshares Short 20+ year Treasury Fund (ticker TBF), and the Advisor Shares Ranger Equity Bear ETF (ticker HDGE).

The short trading ended the week at $10.28, gaining 2.1% since 10/19 versus the 1.3% loss on the S&P 500 over the same time period. Portfolio positions include short positions in a number of mortgage REITS (in an attempt to simulate the Mortgage REIT ETF), Spider Gold ETF, the United States Oil Fund, the triple Q's, and the S&P Homebuilders ETF (Ticker XHB), the later of which I on may close with a small loss.



graph of fund vs. market indexes

Similar to the above chart, both the green line and brown line represent the performance of the S&P 500 and NASDAQ, respectively, while the blue line is the short portfolio.

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