Friday, April 2, 2010

Portfolio Update Week Ending 4/2/10

Before reading, please see the disclaimer in the 'About Me' section.
The Wilshire 5000 closed at 12,250.70, up from
12,133.00 since my post on 3/27/10. The Wilshire 5000 is now 12.05% above it's 200-day moving average, up from 11.36% last week. 

The Investor's Intelligence Survey was released on Thursday night. This week's reading was 48.3% BULLS, and 19.1% BEARS, for a spread of 29.2%. This is in comparison to a reading of 46.1% 48.9% BULLS, and 20.5% BEARS, for a spread of 28.4% on March 23rd.

The Volatility Index closed today at 17.47, down from
17.77 last week. The VIX continues to trade below the 20 mark, and has done so for at least four weeks now.


Now for the portfolio...
1) Verizon at $31.28, down 5.10% for the year.  As I have been talking about all year, there was some clamoring this week regarding the iPhone coming to Verizon this year.  This would certainly be great news for both Apple and Verizon, and I am excited about the prospects going forward for both stocks.

2) AT&T closed at $26.34, down 1.31% for the year.

3) GE closed at $18.33, up by 21.91% for the year, including the reinvestment of a dividend in February.

4) TBT, the doubleshort U.S. Treasury ETF closed at $48.91, down by 1.94% since my buy.

5) FXP, the doubleshort China ETF, closed at $7.43, down by 13.81% since my buy.

6) GOOD closed at $14.43, up by 6.93% since my buy, including the reinvestment of a dividend which was received on the 19th.

7) NLY closed at $17.34, up by .06% since my buy.


8) AAPL closed at $235.97, up by 21.79% since my buy.

Overall, the portfolio is up by 8.33% (5.17% for the DOW Dogs, the total DOW has returned 3.24% without dividends), versus 6.55% for the Wilshire 5000. The current basket of eight stocks that I am currently invested in, including dividends, is up 3.51% year-to-date. The spread between my performance and the overall market (Wilshire 5000) has decreased to 1.68%, from 3.87% last week.

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About Me

DISCLAIMER: I started this blog as a way for people to exchange ideas relating to investing and finance, primarily. I am in no way a professional in these areas, merely a student of the financial world. The thoughts expressed on these pages have no connection to my employer in any way. Anybody reading this blog should do so with caution, exercise their own judgment, and do their own due diligence on any financial undertaking. About Me: I reside in New Jersey with my wife and my two dogs. I have a B.S. degree in Accounting with a minor in Finance, as well as an MBA in Accounting. Currently, I am employed as a forensic accountant, and am pursuing my CPA designation. I love the stock market, and picking stocks. I spend a great deal of time analyzing market data, as well as individual names.

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