Investors & Friends:

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

Short Strategies

1) We closed out our short position in the SPDR S&P 500 ETF (NYSE: SPY) on 11/19 @ $137.90 for a 3.8% gain. We closed out our short position because the market was oversold, and sentiment was overly bearish.

Return calculation = ($143.37 open price - $137.90 close price) / $143.37 open price x 100% = 3.8%.

The date we opened the trade was 10/10/12.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending November 23, 2012.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Investors & Friends:

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

Option Strategies - Naked Puts

1) Home Depot Inc (NYSE: HD) - Our Jan '14 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 5/17/12.

Option Strategies - Covered Calls

2) General Electric Co (NYSE: GE) - Our Jan '13 calls reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 1/17/12.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending November 16, 2012.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Etcetera

1) Recently heard a news report that Chinese are increasingly brand conscious, more than Americans, and seeking "Made in USA" brands far more expensive than their Chinese-produced equivalents. Americans, on the other hand, have for years consumed more and more cheap goods exported from China. It's a stark contrast and role reversal. Incomes and living standards continue to rise in China while they stagnate or decline in the USA.

Investors & Friends:

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

Option Strategies - Naked Puts

1) Qualcomm Inc (Nasdaq: QCOM) - We sold Jan '14 $30.00 puts.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending November 9, 2012.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio

Etcetera

1) Now that the U.S. election is over, Europe and the U.S. fiscal cliff are returning to the foreground. Between now and year-end, the U.S. will have to raise the debt ceiling again. If the process goes as awful as last year, we can reasonably expect another market sell-off and credit rating downgrade. If Congress kicks the can down the road on the expiration of the Bush tax cuts or sequestration (automatic spending cuts and tax increases resulting from the failure of the super committee to reach an agreement), we can reasonably expect another credit rating downgrade. If Congress lets the Bush tax cuts expire and/or sequestration kick in, it is likely the U.S will head back into recession. These are two extremes. There are other compromise scenarios that can be reached, like letting the tax cuts expire for the rich but not the middle class. Changes to the tax code can be enacted. Changes to entitlements like Medicare, Medicaid, and Social Security can be enacted. The bulk of this will have to occur during a lame duck session of Congress. One thing I think we can count on from now to year-end is increased market volatility and uncertainty, so now is an optimal time to make a watch list of stocks and be prepared to pull the trigger when the market sells off and volatility spikes.

Here is a live stream of fiscal cliff happenings provided by the Wall Street Journal... Fiscal Cliff Live Stream

Investors & Friends:

There is no new investment activity to report since our last weekly update.

The Investrio Stock Selector Fund Bull and Bear Market Indicators Report will not be available this week due to a loss of power caused by Hurricane Sandy.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio