Feb 24 -Results

Update:

The Feb pair trade is obviously recouping a lot of the loss as TLT marches up to 129.25. I believe we’re close to break even on that trade now. I’ll be able to tell tomorrow when I can do the calculations on the reports. Oh how nice it would be for it to bounce up to 131 right in time for closing. Might even be able to pull in a profit on this one.

With leverage my entire account is up about 12% for the year.

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So far this year :

Alpha Portfolio: 3.2415% (with the equity portion being 4.78% vs SPY 2.3%!!!)

SPY/TLT Pair Trade (January): 10%

Momentum: 2.159%

Our SPY/TLT February is down about 10%. I’d love to get out at break even.

The alpha protector is sitting at 3.2415% (4.78% in equities less 1.538% for hedge cost) for the year so far. The Hedge portion is down about 1.538% as expected in a rising market. The goal is for the hedge to pay for itself but it takes time. It’s a full year strategy. Each week we target enough extrinsic to eventually pay for the hedge.   The alpha portion is almost double SPY!  Awesome.  Especially given our early results with OCN and QCOM.

The momentum portion as of yesterdays close is up about 2%. We were up about 10% in January but it’s been a bad month for TLT.

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