Although the Long-Trading Portfolio is taking it on the chin, the Short-Trading Portfolio is performing well. This is as the market's volatility has picked up in recent weeks and investors get nervous about a pullback. The performance of the portfolio has been led by the steep sell off in the shares of EHTH, which have been almost cut in half since the top, and by AAPL. The latest chart of the portfolio (blue line) versus the S&P 500 (green) and the NASDAQ (brown) is shown below.
In the most recently ended week, the portfolio gained 1.1%, gaining almost a full 100 basis points over the market. Year-to-date, the portfolio has gained 3.4%, down 310 basis points versus the market. Since inception, the portfolio's performance is 140 basis points better than the S&P 500, representing an absolute gain of 6.5%.
In the most recently ended week, the portfolio gained 1.1%, gaining almost a full 100 basis points over the market. Year-to-date, the portfolio has gained 3.4%, down 310 basis points versus the market. Since inception, the portfolio's performance is 140 basis points better than the S&P 500, representing an absolute gain of 6.5%.
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