Portfolio Performance

Since Inception (15 March 2010) : +0.67%

June 2010 : +0.65%

BarclayHedge Currency Traders Index June 2010 Performance : -0.06% (as of 10 July 2010)

AlternativeEdge Short Term Traders Index June 2010 Performance : -0.05% (as of 10 July 2010)

Comments

Performance in June was somewhat surprising from a late rebound in the portfolio. It was by grace that I managed this result. I geared up the portfolio in a bid to recover my painful loss in May. In early June, I experienced initial success in my trades but was determined to extend my winning streak. Looking at the market in the short term, I think we could be set up for more volatile trades in future and the economic environment is turning inflationary. A repeat of 2008 might pan out, where oil heads higher but stocks stays lower or drift sideways.

My outlook is as follows

Bonds to head higher / Neutral

Stocks to head lower

Gold is Neutral

Oil to head higher / stay supported

US Dollar to head lower