Monday, December 17, 2012

Long-Trading Portfolio for Week Ending 12/14

The Long-Trading Portfolio saw an extraordinary performance gain last week, gaining 6 percentage points versus the market loss of 30 basis points. Inception to date, the portfolio has gained more than 14% versus a market loss of nearly 2 percentage points over the same time period.

graph of fund vs. market indexes

The above chart shows the track of the Long-Trading Portfolio (blue) versus the S&P 500 (green) and the NASDAQ (brown). The recent outperformance is attributable to the 5.4% gain in the shares of Arch Coal but primarily on the nearly 17% gain in Alpha Natural Resources shares- as analysts and traders turn more positive on the prospects for coal, Peabody Energy calls for a trough in earnings in Q1 2013, and Chinese economic growth prospects become more positive.

No comments:

Post a Comment