Sunday, January 31, 2010

Investors & Friends:

Here's a summary of our investment actions from the past week.

Long Stocks

1) We sold half of our position in the Tocqueville Gold Fund (TGLDX) on 1/25 @ $54.88 for a 20.5% gain.

Return calculation = ($54.88 sale price - $45.54 cost basis) / $45.54 cost basis x 100% = 20.5%.

The date we opened the trade was 5/1/08.

Option Strategies - Covered Calls

2) Infinera Corp (Nasdaq: INFN) - Our July calls reached 80+% of their maximum value, so we closed them out.

Option Strategies - Naked Puts

3) Cisco Systems Inc (Nasdaq: CSCO) - We sold April $18.00 puts.

The Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending January 29, 2010, is attached. We added a new page to compare the relative performance of different asset classes including the dollar, bonds, and commodities. Since we introduced the "Executive Summary" page some time ago, we're now phasing out the "What the Crowd is Talking About" page.

Upcoming earnings calendar for our portfolio holdings

2/3 - Bristow Group Inc (NYSE: BRS)

Upcoming IPOs

Lead Fund Manager
Investrio

No comments:

Post a Comment