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- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- Benchmark returns are calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash or transaction costs.
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Personal Track Record
momentum trader that specializes in market timing
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Sep 03, 2010
Jeff Pierce - View Profile
Personal Track Record
| Inception date | June 27, 2008 |
| Strategy | Market Timing |
| Asset Class | All US equities |
| Long/Short | Long and Short |
| Cap bias | Small cap |
| Holding Period | Short term |
| Current holdings | 3 |
| Latest trade | FTNT |
Performance and Risk
Performance Summary (as at end of September 02, 2010)
| Inception June 27, 2008 | Member | Russell 2000 |
|---|---|---|
| Month to date (%) | -3.68 | 5.02 |
| 3 month (%) | 19.81 | -9.00 |
| 1 year (%) | 33.73 | 5.24 |
| Annualized since inception (%) | 18.24 | -1.31 |
| Since inception (%) | 44.23 | n/a |
| Sharpe (annualized) | 0.70 | -0.05 |
| % of positive months | 44.44 | 61.40 |
Past performance is not indicative of future performance
Asset Allocation
Distribution (as at end of September 02, 2010)
| Equities |
18.40%
|
| Cash |
81.60%
|
| Margin |
0.00%
|
| Others |
0.00%
|
Top 5 Holdings (as at end of September 02, 2010)
| Security | Allocation(%) |
|---|---|
| S&P 500 Depository Receipts | 46.37 |
| DIAMONDS Trust, Series 1 | 30.62 |
| NASDAQ 100 Trust Shares (ETF) | 23.01 |
| Total | 100.00 |
| Total no. of Holdings | 3 |
Geographic Breakdown (as at end of September 02, 2010)
| United States | 100.00% |
| Short | Long |
Industry Breakdown (as at end of September 02, 2010)
| Funds | 100.00% |
| Short | Long |
Transactions
Latest Transactions (as at end of September 02, 2010)
| Executed | Symbol | Security | Type | Price |
|---|---|---|---|---|
| August 31, 2010 | FTNT | Fortinet, Inc. | Sold | $20.24 |
| August 31, 2010 | FTNT | Fortinet, Inc. | Sold | $20.27 |
| August 31, 2010 | SPY | S&P 500 Depository Receipts | Sold Short | $105.53 |
| August 30, 2010 | FTNT | Fortinet, Inc. | Bought | $20.21 |
| August 27, 2010 | DIA | DIAMONDS Trust, Series 1 | Bought to Cover | $101.65 |
Commentary - Latest Posts
-
Unemployment Data Controls Day Trading Signal September 02, 2010
It’s do or die tomorrow for my day trading signal. A positive close and I’ll be closing my short positions, but it’s not in the bag for the bulls either with an important macro news event that could sabotage this rally.
-
NZ – Momentum Play September 02, 2010
This chart looks even better on a 2yr wkly as it’s completed the cup/handle round trip with a breakout to top it all off. Earnings juice has fueled the move and it should be a winner with these technicals. Now if it’d just pull back for us to all pile in everything would be perfect.
-
Big Move Coming or False Rally? September 01, 2010
I mentioned yesterday here on twitter that the markets seemed like they were gearing up for a big move. I just had the direction wrong and never thought Obama could move that many people to jump back in the markets, but it is what it is. Oh, and I also included my twitter feed on my site (right sidebar near the middle) for those who haven’t embraced that technology yet, so you can see what I see when I don’t have the time to do a blog post.
Anyhow, before I talked about......




