Performance remains positive currently up 12.02% YTD 2012 and 172.52% since inception based on 5% capital at risk and implemented using options. The performance for implementing the strategies using Futures and ETF’s can be found on the website:
The main drivers of performance have been the long NASDAQ and short AUD strategies. While the long gold strategy remains positive it has given up some of its profit.
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Negative sentiment continues to effect global markets. Any good news seems only to lead to short weak rallies. Investors are only looking for bad news right now. Markets have now also started looking beyond the Eurozone for bad news. The past week has seen a number of economic releases pointing to a weak global economic picture. The worries regarding the global economy were also expressed through Central Bank action last week in a range of countries including China, the Eurozone and the UK using both monetary and stimulus tools to help support global economic growth.
I have no positions in any stocks mentioned in the work, and no plans to initiate any positions within next 72 hours.
I receive no compensation to write about any specific stock, sector or theme.