$10,000 Portfolio Update

Please read the disclaimer in my "About Me" section before proceeding.

Today the Wilshire 5000 (the index I use to measure the market, as opposed to the DOW or S&P 500) closed at 11,816.9, up from 11,679 from the beginning of the week. These facts are come from the Yahoo! website.

The Wilshire 5000 so far this year has posted a gain of 1.80%. The Wilshire 5000 is now 16.01% above it's 200 day moving average of 10,185.97. The 200 day moving average is calculated by taking the average closing price of the equity (or index, in this case the Wilshire 5000) over the past 200 trading days. As time goes by, the average follows, that's why it is called a moving average.

The Investor's Intelligence Survey was released on Thursday night of this week, as it is every week. This survey is a measurement of the sentiment in the market. This week's reading was 48.3% BULLS, and 16.9% BEARS, for a spread of 31.4%. This is in comparison to a reading of 51.1% BULLS, and 15.6% BEARS, for a spread of 35.5% last week. As you can see, investors are slightly less bullish this week.

The Volatility Index closed out the week at 18.1, the lowest close since May 30, 2008, and the 5th straight day it was down.

Now for the portfolio...
1) Verizon closed the week at $31.75, down 4.17% for the year (ouch!), however, we got in early enough to get the dividend which will be paid in February (NICE!).

2) AT&T closed the week at $26.69, down .52% for the year.

3) GE closed the week at $16.60, up by 9.72% for the year.

4) Citigroup closed the week at $3.59, up by 8.46% for the year.

5) TBT, the doubleshort U.S. Treasury ETF closed at $50.60, up by 1.44% for the year.

Overall, the portfolio is up by 3.00%, versus 1.80% for the Wilshire 5000. As the year goes on I will look to add positions to the portfolio, as there are 5 spots left. However, the time has not come for that yet.