Saturday, February 13, 2010

Portfolio Update 2/13/10

Before reading, please see the disclaimer in the 'About Me' section.

Here goes...

The Wilshire 5000 closed at 11,149.40, up from
10,913.90 since my last post on 2/8/10. The Wilshire 5000 is now 5.79% above it's 200-day moving average.

The Investor's Intelligence Survey was released on Thursday night of last week, as it is every week. This survey is a measurement of the sentiment in the market. This week's reading was 34.1% BULLS, and 26.1% BEARS, for a spread of 8.0%. This is in comparison to a reading of 38.9% BULLS, and 22.2% BEARS, for a spread of 16.7% on February 2nd. This is the tightest spread we have seen since tracking this blog, and is the most bearish we have seen the sentiment on the market. I am reiterating the fact that now is a good time to buy, as I have the last 3 weeks.

The Volatility Index closed today at 22.51, down from 26.51 at the date of my last post.

Now for the portfolio...
1) Verizon at $28.93, down 12.46% for the year (ouch...still).

2) AT&T closed at $26.04, down 2.44% for the year.

3) GE closed at $15.55, up by 2.78% for the year.

4) Citigroup closed at $3.18, down by 3.93% for the year.

5) TBT, the doubleshort U.S. Treasury ETF closed at $48.81, down by 2.15% since our buy.

6) FXP, the doubleshort China ETF, closed at $9.40, up 9.05% since my buy.

7) GOOD closed at $14.00, up by 3.86% since my buy.

8) NLY closed at $17.15, down by 1.04% since my buy.

9) X closed at $44.09, down by 0.05% since my buy.

10) AAPL closed at $200.38, up by 3.42% since my buy.

Overall, the portfolio is up by .55% (-4.07% for the DOW Dogs), versus -3.03% for the Wilshire 5000. The gap between my performance and the overall market has shrunk to 3.58% outperform, down from 5.35% last week.

Have a great week, and happy trading! I will update the portfolio at the end of next week, as always, with possibly a post or two on other topics thrown in the mix.

No comments:

Post a Comment