Sunday, December 2, 2012

Long Trading Portfolio Update for Week Ending 11/30

For the last week of November, the Long-Trading Portfolio gained 30 basis point versus the 50 basis point gain on the S&P 500, down 20 basis points for the week. 

(The Marketocracy charting function is down. The chart of the portfolio's performance will be added once available.)

Since inception, the portfolio is up 3% since inception, or up 4.8% relative to the market over a similar time frame. The outperformance of the portfolio is most attributable to the performance of Alpha Natural Resources and Arch Coal. To a lesser degree, the 1.5% loss on the Proshares Short 20+ year Treasury Bond Fund still beats out the markets 4% loss since inception. The drag on the portfolio comes from the Advisor Shares Ranger Equity Bear Fund (ticker HDGE), which has lost more than 8%. I intend to trade out of this position and will likely roll the proceeds into existing positions.


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