The Short-Trading Portfolio's performance took it on the chin again this week, as the market continues to gain upside momentum. For the week, the portfolio lost 60 basis points in value relative to a nearly 100 basis point gain on the S&P 500. The performance detriment is clearly seen in the chart below.
The loss on the week was tacked on to the negative comparisons to the market on both a year-to-date and since inception basis, losing 370 basis points and 790 basis points, respectively.
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