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I'm back!  I have not posted on this blog in a month and four days (by my count), and it was about time for an update!

The Wilshire 5000 closed at 13,009.05, up from 12,323.47, or 5.56%, since October 12th.  The Wilshire 5000's 200-day moving average currently sits at 11,813.05, or 10.12% below today's close. 

The Investor's Intelligence Survey was released on Thursday night. This week's reading was 55.4% BULLS, and 21.8% BEARS, for a spread of 33.6%. This is in comparison to a reading of 45.6% BULLS, and 28.3% BEARS, for a spread of 17.3% back in October.  Bullish sentiment is now in what I would consider to be a dangerous range, as it's been well over 50 for three straight weeks, and the 4-week moving average has been over 50 for the second straight week.

The Volatility Index closed Friday at 17.99, down from 18.93 back on October 12th.  It is also worth noting that the 25-day moving average has closed below 20 for the third straight trading day, what I consider to be dangerous territory.

Now for the portfolio...
1) Verizon at $32.95, up 7.60% for the year, inclusive of dividends.  FTR, the recent spinoff, recently closed at $9.11/share, worth $63.77 to this portfolio currently.

2) AT&T closed at $28.54, up 2.10% for the year, inclusive of dividends. 

3) GE closed at $17.03, up by 12.41% for the year, inclusive of dividends.

4) TBT, the doubleshort U.S. Treasury ETF closed at $37.49, down an abysmal 14.12% since my buy.  However, it is worth noting TBT has gained significant ground since my last portfolio update, and I think it will continue to do so for the foreseeable future.  Remember, the 10-year is still only down near 3%, historically still very low. 

5) January 2011 WHR $75/$85 Call spread purchased a few months back I sold at $6.50, up 39.78% since my buy.

6) January 2012 DD $45/$55 Call spreads purchased a few months back closed at $4.70, up 28.77% since my buy.

7) AAPL closed at $318.21 up by 64.24% since my buy. 

8) January '12 Citigroup Calls closed at $.13, down by 70.45% since my buy. 

9) C closed at $4.62, up by 16.08% since my buy.

10) GS closed at $161.59, up by 18.73% since my buy.

Overall, the portfolio is up by 19.03% (9.47% for the DOW Dogs), versus 13.15% for the Wilshire 5000. The current basket of ten stocks and options that I am currently invested in, including dividends, is up 7.62% year-to-date. The spread between my performance and the overall market (Wilshire 5000) is at 5.88% outperform.  

Overall, my portfolio has done quite well this year.  As I have detailed a bit above, I am getting a bit worried about where the market is.  I think we are due for some sort of a dip or correction in the near future.  As you can see from this post, and my prior post, I have raised quite a bit of cash, and I may be putting that to work on the short side in the near future, maybe as soon as tomorrow.  As I make trades, I will update this blog going forward.