Investors & Friends:

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

Long Stocks

1) We sold our ProShares Ultra Russell 2000 (NYSE: UWM) on 5/23 @ $45.90 for a 9.8% loss.

Return calculation = ($45.90 sale price - $50.90 cost basis) / $50.90 cost basis x 100% = 9.8%.

The date we opened the trade was 4/5/11.

Option Strategies - Naked Puts

2) Rio Tinto PLC (NYSE: RIO) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/16/11.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 27, 2011.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio