… or appear to be. S&P500 was up 14 points today in a fairly robust rally – except in precious metals stocks which really lagged again, to the point where I ended up buying back a tranche of SLW and adding a third of HGU. So I’m locked and loaded for gold and silver at the moment – but also starting to feel the headwinds on uptrends, as I’m now short three tranches of tech stocks (TYP) and just went short one of emerging markets (EDZ). The portfolio still has a leverage-adjusted 32% net-long bias, but will quickly start to give up ground if this rally continues unbroken to say 1400 S&P. But at least the correlations have broken down somewhat and I’m in a situation of being filled both on the long and short side depending on the vehicle being traded. That should smooth out the overall equity performance a little bit. Still up 2.2% on the month and the year, but’s it’s been fading the past couple of sessions.
| TRADING | 18-Jan-12 | UPDATE | 664 | |||||
| # | Trade | Qty | Stock | Symbol | Price | Acct | ||
| 3 | Sold | 2.8% | Cenovus Energy | CVE | @ | $35.08 | 1 | |
| 6 | Sold | 2.2% | Drxn Real Est 3X ETF | DRN | @ | $54.83 | 2 | |
| 11 | Bought | 2.2% | Drxn Tech 3x Sh ETF | TYP | @ | $14.32 | 2 | |
| 13 | Bought | 2.2% | Drxn Em Mkt 3x Sh ETF | EDZ | @ | $16.25 | 2 | |
| 17 | Bought | 2.3% | Silver Wheaton | SLW | @ | $30.94 | 3 | |
| 1 | Bought | 2.9% | HBP Glb Gold 2X ETF | HGU | @ | $12.28 | 1 | |
| 8 | Sold | 2.2% | Drxn Energy 3X ETF | ERX | @ | $49.28 | 2 | |
| Qty % is the portfolio weighting | ||||||||
X
| EXTENSION REVERSAL TRADING SYSTEM (ERTS) | ||||
| *********************************************************** | ||||
| 18-Jan-12 | ||||
| S&P500 | 1308.0 | 14.4 | 1.1% | |
| TSX | 12327.5 | 94.7 | 0.8% | |
| *********************************************************** | ||||
| PORTFOLIO STATUS | ||||
| Market | JAN 12 | YTD | Incep | |
| Canadian Dollar | 0.9888 | 1.0% | 1.0% | -4.7% |
| S&P500 | 1308.0 | 4.0% | 4.0% | 1.6% |
| TSX | 12327.5 | 3.1% | 3.1% | -8.0% |
| Weight | ||||
| Portfolio % USD | 35.8% | 1.9% | 1.9% | 14.8% |
| Portfolio % CAD | 64.2% | 3.1% | 3.1% | -5.5% |
| FX | ||||
| PORTFOLIO EQUITY | CAD | 2.2% | 2.2% | 2.4% |
| USD ERTS vs SP500 | USD | -2.2% | -2.2% | 13.2% |
| CAD ERTS vs TSX | CAD | 0.0% | 0.0% | 2.6% |
| ERTS vs SP500/TSX | CAD/USD | -0.8% | -0.8% | 6.4% |
| Inception is 30 Jun 11 | ||||
| *********************************************************** | ||||
| Portfolio Direction | Long | Short | Net | |
| Position | 31.6% | 8.5% | 23.2% | long |
| ETF Leverage-adjusted | 57.3% | 25.4% | 31.9% | long |
| CURRENT POSITIONS | ||||
| STOCK/ETF | SYM | LAST | Profit | WGT |
| CASH | 59.9% | |||
| Drxn Gold Sh 3X ETF | NUGT | $21.50 | 0.79% | 5.3% |
| Potash Corp | POT | $45.99 | 0.73% | 2.7% |
| HBP Glb Gold 2X ETF | HGU | $12.36 | 0.70% | 8.7% |
| Drxn Real Est 3X ETF | DRN | $54.80 | 0.33% | 0.7% |
| Silver Wheaton | SLW | $31.61 | 0.32% | 2.3% |
| Cenovus Energy | CVE | $35.55 | 0.24% | 3.1% |
| Cameco | CCO | closed | 0.23% | 0.0% |
| Drxn Energy 3X ETF | ERX | $50.21 | 0.21% | 2.4% |
| Teck Corp | TCK.B | closed | 0.19% | 0.0% |
| Drxn Gold Sh 3X Sh ETF | DUST | closed | 0.00% | 0.0% |
| Drxn Tech 3x ETF | TYH | closed | 0.00% | 0.0% |
| Claymore BRIC ETF | CBQ | closed | 0.00% | 0.0% |
| Drxn Em Mkt 3x ETF | EDC | closed | 0.00% | 0.0% |
| Drxn Real Est 3X Sh ETF | DRV | closed | 0.00% | 0.0% |
| HBP Glb Gold 2X Sh ETF | HGD | closed | 0.00% | 0.0% |
| Drxn Energy 3X Sh ETF | ERY | closed | 0.00% | 0.0% |
| Drxn Em Mkt 3x Sh ETF | EDZ | $15.29 | -0.14% | 2.1% |
| EnCana Corp | ECA | $17.69 | -0.36% | 6.2% |
| Drxn Tech 3x Sh ETF | TYP | $13.84 | -0.41% | 6.4% |
…
