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
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
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