Portfolio is up $108k since starting the game 15 Jan 2010. Realized $17k profit on part of the investment in Toll put on 26 Feb. Too the opportunity to close out my China wireless plays that didn’t work out, down $5k. Also sold part of my long S&P futures position for a small $4k gain (due to currency gains!). Also sold out of Electricitie de France at a $6k loss, 50% due to Euro weakening vs. AUD. My long emerging markets position is down $63k, the long 7 to 10 year treasuries is up about $57k in AUD terms. The remaining S&P futures position is up $9k due to FX gains offsetting declines in the USD price. Despite increases in the their prices in GBP, my Barclays and BP positions are in the red $2k due to the weakening of the pound vs. Aussie. Small positions put on 26 Feb 2010 in GOOG and APPL are up $11k due to a combination of price gains and further aided by FX gains. Overall I am happy to be back up a net $108k given my trading was down $350k at one stage! I am comfortable with the unhedged FX positions in USD and GBP resulting from my current trades.
The rumour is Friday’s US jobs data is going to be disappointing. Probably, but I will have look at markets tonight and see how the trends and news are looking.
Happy trading!
