Well, I've been managing a portfolio for a couple of weeks now. Sorry the updates haven't been posted like I had hoped, but now that I have a little more time I can start posting more consistently. Here is the link to see my portfolio:
http://www.kaching.com/portfolio/83948/holdings
There you can see my portfolio holdings and my performance against the S&P 500.
Currently we are still betting on a sudden change in the market's intermediate term trend. I still very strongly believe that the U.S. Dollar is going to see a massive rally and with that the stock market will take a tremendous hit, eventually seeing new lows.
I am positioned with a large portion of my portfolio long the U.S. dollar and long-term U.S. treasuries. I also am short a few financial and commodity related companies that I feel will be hurt in a deflationary environment.
I am, however, going to maintain a large portion of my portfolio in cash. If I sense a continuation of the current market rally I can use this cash to buy a position in the S&P 500 to hedge my short exposure and minimize losses.
Showing posts with label model. Show all posts
Showing posts with label model. Show all posts
Friday, December 4, 2009
Wednesday, November 4, 2009
Model Portfolio Update - 11/04/2009
This is the first update to our model portfolio. Today I will discuss the format for this portfolio. I will maintain a portfolio, starting with $100,000, on www.investopedia.com. In this portfolio I will be able to:
This is not a mutual fund. I do not have to stay 60% invested and my entire portfolio can consist on one single stock if I deem it necessary. One thing to keep in mind:
Anyway, tomorrow I will provide a link where the portfolio can be seen 24 hours a day (with a 20 minute delay). I will post updates on a daily basis and will give my buy and sell signals the night before they are executed. I will also periodically post my current watch list of stocks.
As of tonight I will not be taking any positions tomorrow. Right now I am feeling pretty bearish, however, I feel the bulls could stage one last rally attempt (since the Fed isn't tightening) before the ship sinks. Let's wait and see what happens tomorrow and I will leave you with my current watch list.
Portfolio:
Allocation: 100% Cash
- Buy stocks (bet on a price rise)
- Sell stocks short (bet on a price fall)
- Sit in cash
- Buy bonds or bond equivalents (bond ETFs)
This is not a mutual fund. I do not have to stay 60% invested and my entire portfolio can consist on one single stock if I deem it necessary. One thing to keep in mind:
- This portfolio should not be taken as investment advice. I am not a financial advisor, and I am not telling anyone to follow my actions. This portfolio is strictly to demonstrate my investment style. If you see something you like, please do your own due diligence before acting.
Anyway, tomorrow I will provide a link where the portfolio can be seen 24 hours a day (with a 20 minute delay). I will post updates on a daily basis and will give my buy and sell signals the night before they are executed. I will also periodically post my current watch list of stocks.
As of tonight I will not be taking any positions tomorrow. Right now I am feeling pretty bearish, however, I feel the bulls could stage one last rally attempt (since the Fed isn't tightening) before the ship sinks. Let's wait and see what happens tomorrow and I will leave you with my current watch list.
Portfolio:
Allocation: 100% Cash
| Bullish Watchlist | ||
| Company | Symbol | Why? |
| Global Ship Lease | GSL | Soros Owns it (very speculative) |
| Curis, Inc | CRIS | Takeover Rumor |
| Energy Conversion Devices | ENER | Takeover Rumor |
| Bearish Watchlist | ||
| Company | Symbol | Why? |
| Citigroup | C | $10 tax defferal due in Q-4 |
| Cisco | CSCO | |
| Gold | GLD | |
| Silver | SLV | |
| Oil | USO | |
| E-House Holdings | EJ | |
| Atheros Communications | ATHR | |
| Cninsure | CISG | |
| International Business Machines | IBM | |
| Baidu Inc | BIDU | |
| Qualcomm Inc | QCOM | |
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