For the most recent week, the Short-Trading Portfolio lost 0.8% versus a gain of 0.50% on the S&P 500. This was due to gains on a number of Mortgage REIT names, but most due to the 3% gain in Express Scripts (ticker ESRX). The mortgage REIT ETF Fund (ticker MORT) and ESRX have increased in recent weeks on significantly weaker volumes and I will stick with these short positions. These losses were partially offset by gains in the short Gold Spider (ticker GLD) and Sector Spider Financials (Ticker XLf) positions.
(Marketocracy's charting function is down. Will update once available.)
Since inception, the portfolio is up 1.7% versus a 2% loss on the market over a similar time period.
(Marketocracy's charting function is down. Will update once available.)
Since inception, the portfolio is up 1.7% versus a 2% loss on the market over a similar time period.
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