Long/Short Portfolio Updates
 Close AI and PLTR in the Long/Short PortfolioWe're selling shares of AI for a gain of 52% and PLTR for a gain of 66.5% today, more details in the long only post as we made the same trades there. Long/short is up 52% YT... July 31, 2023 - 5:17 pm |
 May 2023 Long Short Portfolio UpdateMay was a big month as we added a five new positions that have propelled returns ahead of the broader markets. We have two short positions in Target and Advanced Auto Parts, and fiv... May 31, 2023 - 2:08 pm |
 Close three position and add 5 new positionsOur Long/Short Portoflio has lagged the S&P and Nasdaq YTD, and we're closing our position in FCX, NEM and QFIN and adding 5 new positions. Similar to our Long Only portfolio we... May 18, 2023 - 1:32 pm |
 Long/Short Portfolio Update February 2023Year to date our Long/Short Portfolio lags the performance of the S&P index by 1%, and we are weighted 58% in Cash. Not a bad return with a Portfolio that has a Beta of ... March 01, 2023 - 11:09 am |
 January 2023 Long/Short Portfolio UpdateMarkets have been cranking higher since the end of December, and our Long/Short Portfolio has been 100% long over this period. This has helped us generate a 8.18% YTD return through... February 02, 2023 - 6:45 pm |
 Long/Short Portfolio Update December 2022We crushed it in 2022 with the Long/Short portfolio once again! Last year the Long portfolio beat this one, and this year the tables were turned. We were up 26.9% and our short posi... January 01, 2023 - 10:07 am |
 Close Five Positions and add Four New StocksWe are closing positions in MSFT, MRNA, USO and our short positions on CVNA and RH. Our two short positions have returned over $21,000 to this portfolio since we added then just ove... December 14, 2022 - 3:28 pm |
 Long/Short Portfolio November 2022 UpdateThis portfolio continue to perform far better than the broad market indexes and our Long only portfolio this year. For those of you who tracked our performance in 2021 this portfoli... November 30, 2022 - 7:58 pm |
 Close the UUP position in the portfolioWe parked $81,930 of cash in our portfolio into UUP which is the powershares bullish US dollar ETF on 5/23/22, and that has since grown to $89,490 for a 9.2% return. With UUP tradin... November 04, 2022 - 4:14 pm |
 Long/Short Portfolio June 2022 UpdateThe Long/Short portfolio made $1,000 this month while the S&P lost 7%. We didn't change anything, and we're still happy with the overall portfolio. YTD we're up 17% which the S&... June 30, 2022 - 5:37 pm |
 May 2022 Long/Short Portfolio UpdateFor the month of May the Long/Short Portfolio gained about $5,300 or 3.1% vs. the flat performance of the S&P. We continue to beat the overall market with a YTD return of 17%. May 31, 2022 - 6:03 pm |
 A better place to park cashWe currently have just over $150,000 in cash in our Long/Short portfolio, some of it from the two short positions in CVNA and RH. Since the US Dollar has been rallying against glo... May 23, 2022 - 2:10 pm |
 Long/Short Portfolio April 2022 UpdateWe didn't make any trades in April in this portfolio, and we're ahead of the S&P YTD by a margin of 27%. Our short positions in CVNA and RH have contributed more than all of our total... April 30, 2022 - 2:28 pm |
 March 31, 2022 Update Long/Short PortfolioOur Long/Short Portfolio is up 15.87% YTD vs the S&P down 5.16%, bettering the broad market by over 20%! Solid performance with the shorts adding nice profits to the group. ...March 31, 2022 - 8:09 pm |
 Close the HMHC positionShares of Houghton Mifflin (HMHC) have maxed out around the current price as the company was acquired, thus we're closing the position with shares at $20.91 and adding to our existing cas... March 22, 2022 - 1:57 pm |
 Long Short Portfolio Update Feb 2022Our Long/Short portfolio continues to perform strongly, and our original thesis that over time it should outperform the Long only portfolio is starting to demonstrate results. Year to dat... March 02, 2022 - 10:49 am |
 Long/Short Portfolio Returned 72% in 2021At the start of 2021 we were convinced that our Long/Short portfolio would outperform our Long only positions, while both performed remarkably better than the market we didn't beat the Lo... December 31, 2021 - 9:25 am |
 Two new short positions in Carvana and Restoration HardwareWe have a lot of stocks on our short watch list, and two that look ready for a drop are Carvana (CVNA) and Restoration Hardware (RH). Carvana has been riding the used car frenzy and... November 08, 2021 - 1:26 pm |
 Sell and close Penn Gaming, Volkswagen and DraftkingsShares of PENN, VWAGY and DKNG are all trading at or below their 100 day moving average, and trending lower. We're closing these positions to avoid potential losses should the share... September 24, 2021 - 2:19 pm |
 Long/Short Portfolio July 2021 UpdateThis portfolio returned 12.2% in the month of July vs 2.8% for the S&P 500 in the same time period. Year to date we're up almost 53%, and outperforming the long only positions b... August 01, 2021 - 9:20 am |
 Long Short Portfolio June 2021 UpdateOur Long/Short Portfolio gained 6.3% for the month of June, and is up 40.6% YTD vs the S&P's gain of 16.8%. Our last portfolio trades were on May 14th, and we didn't make any ch... July 01, 2021 - 11:30 am |
 Long/Short Update May 31, 2021Our Long/Short Portfolio has returned 34.28% YTD through May 31, 2021, besting the S&P's 12.71% return by 2,157 bps. We've been perplexed most of this year how we can't beat our Long ... June 01, 2021 - 4:24 pm |
 Two Trades and a Portfolio Update May 14, 2021Our Long/Short Portfolio has held up amazingly well so far this year, however we have trailed the Long Only Portfolio all year. Today we're closing the Short SFIX position as it's g... May 14, 2021 - 12:49 pm |
 Five Trades in the Long/Short PortfolioThe past month we've lagged in performance in this portfolio against the market and we're dumping some of our lagging positions. We are closing the Short in LL for a nice gain of 24... March 05, 2021 - 2:22 pm |
 Cutting losers and adding 2 new positionsOur Long/Short portfolio has lagged in performance in Feb vs. where we should be considering the strong January that we had, and it's been mainly due to the short positions working agains... February 22, 2021 - 12:46 pm |
 Portfolio Update Jan 31, 2021The Long/Short virtual portfolio returned 15.2% in January vs the S&P's -1.4% loss. We're very happy with the performance of this basket of 8 long and 4 short stocks. We're hold... January 31, 2021 - 6:10 pm |
 Long/Short Virtual Portfolio Opening PositionsHere are the positions of the Long/Short Virtual Portfolio at the market open this morning, and we're starting with 6 long and 4 short positions. Some of these longs are in the Long only ... January 04, 2021 - 8:10 am |