Saturday, March 1, 2014

Model Portfolio Update

Still no sense of direction in the market. All news seems to be good news. Every chart or indicator that measures anything is turning down and yet the market climbs inexorably higher. All of the market mavens that have consistently called the market right are all predicting a huge bear market type downturn. So far they have all been wrong. I think we are good for a couple of months yet but by the time we get to the summer doldrums all bets are off. Having said that the Model Portfolio is doing well. As you know from the last report I dumped UBT, the proxy for US Treasuries on Thursday's close and promptly bought them back on Mondays's open. Looks like I made the right decision. Stock trades below followed by the Model Portfolio.  The total portfolio is up 8.82% so far.


Fund Date Bought Price Paid Date Sold Price Sold Gain/Loss Total Gain Total Loss
GDX 1/18/2014$22.00




DUG 1/6/2014$50.791/22/2014$51.23$0.44$44.00
UBT 1/6/2014$53.502/20/2015$55.34$1.84$184.00
SCO 12/30/2013$34.421/22/2014$34.45$0.03

DXD 1/22/2014$27.982/10/2014$29.90$1.92$192.00
UCO1/22/2014$29.01




DZZ1/30/2014$7.202/3/2014$7.02-$0.18
-$18.00
DDM2/10/2014$104.61




DIG2//11/2014$62.74




UBT 2/24/2014$56.04









Totals$423.00-$18.00
  

UBT10056.0458.00$+14.00$+196.00+3.50%

DIG10062.7467.73$+81.00$+499.00+7.95%

DDM100104.61112.12$+64.00$+751.00+7.18%

UCO10029.0134.87$+17.00$+586.00+20.20%

GDX1002225.88$-9.00$+388.00+17.64%

Total


$ +167.00$ 2,420.00 8.82%

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