Naked Hedge Fund

YTD 7 trading days. YTD NHF Portfolio +3.82% vs S&P 500 -4.5%

Naked Hedge Fund weekly. 2 page PDF report on full post.

Bears?

Naked Hedge Fund weekly. 2 page PDF report on full post.

YTD 7 trading days. YTD NHF Portfolio +3.12% vs S&P 500 -3.9%

Sorry for the dramatic title, but Im trying to practice eye catching marketing ploys like CNBC and Yahoo Finance. Anyways as you noted yesterday we made the rotation to short when we sold our long SPY at $110. I got a bunch of emails today (don’t ask me why everyone refuses to leave comments) wondering why the change?

Seasick?

Naked Hedge Fund weekly. 2 page PDF report on full post.

YTD 6 trading days. YTD NHF Portfolio -1.48% vs S&P 500 -3.2%

Summer in full effect.

Naked Hedge Fund weekly. 2 page PDF report on full post.

YTD 6 trading days. YTD NHF Portfolio +2.32% vs S&P 500 0.7%

Anticipation

YTD 6 trading days. YTD NHF Portfolio +0.52% vs S&P 500 -1.1%

Naked Hedge Fund weekly. 2 page PDF report on full post.

I need a vacation.

YTD 6 trading days. YTD NHF Portfolio +0.42% vs S&P 500 -1.1%

Naked Hedge Fund weekly. 2 page PDF report on full post.

Went long today at $109.40 on SPY.

The market has been a choppy mess as of late and been very hard to get a solid trend. Currently the trend is up and we are above the 50 Day moving average, but we still have the 200 day moving average to deal with around $111 on SPY.

Below are charts with markups explaining the situation.

Naked Hedge Fund weekly. 2 page PDF report on full post.

YTD 5 trading days. YTD NHF Portfolio +2.22% vs S&P 500 -4.5%

The bulls have got the market churning again even though a week earlier everything was completely different. A bottom call from Doug Kass and some “value buying” later we are back to where we started with our recent short. Chart…