TRADING UPDATE
Well that was a heck of a jump out of the starting gate. The portfolio is already 2.7% up on the year (2009) in one day, when I had to work a whole year last year to lose 5%. That thanks to a big jump in oil and getting my year-end portfolio re-positioning mostly right. For a day at least, anyway. I’m also .3% ahead of the S&P500, but that’s solely at the pleasure of the Canadian dollar, which chose to rally a little and work in my favour instead of falling and supporting the benchmark.
| REAP TRADES | ||||||||
| # | Trade | Qty | Stock | Symbol | Price | Grp | ||
| 207 | Sold | 34% | HBP Cr Oil Bull+ ETF | HOU | @ | $13.96 | 1 | |
| 207 | Bought | 110% | HBP SP500 Bear+ ETF | HSD | @ | $28.27 | 1 | |
| REAP methodology detailed in the blogroll under “My Portfolio” | ||||||||
| Qty % are amount by which shares counts are decreased/increased | ||||||||
Both my Horizons BetaPro crude oil bull+ (HOU) and gold shares bear+ (HGD) ETFs went through 1:5 reverse splits effective today. That, and not a 500% two-day gain, would explain my selling HOU at $13.96. However, only 6 trading days ago on December 24th, REAP had bought a large chunk of HOU 41% lower at a reverse-split-adjusted $9.80. See why I like these ETFs?
With today’s market strength, no surprise then that short ETF HSD was HOU’s dance partner for the buy side of the re-allocation. So if reality sets in on Monday and the markets back off, at least now I have a little ”southern comfort” with which to do something about it.
So here’s the aftermath of a pretty good day.
| PORTFOLIO SUMMARY | 2-Jan-09 | ||||
| (in $C, adjusted for $US exchange rates) | |||||
| PORTFOLIO | S&P500 | S&P500 | SP500 $C | REAP | vs S&P |
| Tot Retrn | |||||
| Reference Date | Start | Last | % | % | Var. |
| Inception MAR 07 | 1406.2 | 931.8 | -26.6% | -24.1% | 2.5% |
| Re-start OCT 07 | 1526.7 | 931.8 | -18.5% | -11.9% | 6.7% |
| 2009 Year to Date | 903.3 | 931.8 | 2.3% | 2.7% | 0.3% |
| Discretionary Trading P&L (included in above results) | -5.3% | ||||
| Canadian dollar | Last | Inceptn | Var. | Restart | Var. |
| 0.8248 | 0.8547 | 3.5% | 1.0069 | 18.1% | |
| Dividend Yield (current) | 3.44% | ||||
| Intrinsic leverage (from 2x ETFs) | x | 1.38 | |||
| Currency Mix | 100.0% | ||||
| Canadian Investments/Cash | 46.9% | ||||
| US Investments | 44.8% | ||||
| Other (country ETFs) | 8.3% | ||||
| Market Bias | Net Long | 62.6% | |||
| Cash | 1.2% | ||||
| Short | 18.1% | ||||
| Long | 80.7% | ||||
| Theme Mix | 100.0% | ||||
| Commodity ETFs | 21.0% | ||||
| Short Commodity ETFs | 10.6% | ||||
| Short Equity ETFs | 4.2% | ||||
| Short Bond ETFs | 3.4% | ||||
| Energy | 10.0% | ||||
| Agriculture | 8.3% | ||||
| Alt Energy/Infrastructure | 12.7% | ||||
| Financials | 14.4% | ||||
| Health Care | 0.0% | ||||
| Technology | 6.3% | ||||
| Transportation | 2.2% | ||||
| Restaurants | 0.0% | ||||
| Country ETF | 5.9% | ||||
| Cash | 1.2% | ||||
| Portfolio Notes | |||||
| Inception date is when I started tracking portfolio performance in | |||||
| this blog. I track it to reflect total performance after initial mistakes | |||||
| and discretionary trading losses. A more accurate representation | |||||
| of REAP’s “pure” performance is as of 10 Oct 07, when I | |||||
| re-established it after selling out the portfolio twice due to | |||||
| sub-prime systemic concerns. | |||||
| *** S&P Comparison is total return to reflect dividend re-investment | |||||
3 posts in one day. I’m done!
Cheers,
Allocator
a.k.a. George Parkanyi
gparkanyi@hotmail.com
Copyright 2009 – all rights reserved
