Return since the start of the portfolio on April 10, 2009: +29.94%
The portfolio now amounts to a total of USD 129,941.
Here is what I observe now in the markets:
- Oil price broke out of its consolidation range to go up. Look at the XLE ETF as a proxy for the energy-related companies
- Gold is in a consolidation range and has formed a triple top; watch out for a possible bearish reversal of the precious metals complex
- US markets are on fire: just look at the Nasdaq (ETF: QQQQ) and the S&P 500 (ETF: SPY): they printed new highs last week
- US financial stocks (ETF: XLF) are doing very well
- Inflation is back !! especially in the emerging markets
- the Euro decreased versus all currencies in 2010, especially versus the currencies of emerging countries
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