HedgeFundTradeAlert

Hello….U.S. economic news was modestly encouraging, as jobless numbers fell, U.S. price indices stayed fairly flat, and home sales improved somewhat. The Chinese economy showed signs of slowing, while German economic sentiment rebounded.

A steady stream of corporate earnings reports were mixed. Many reflected the challenges faced by large U.S. banks. Others, including earnings results from U.S. technology giants, were more encouraging. Stocks rose overall globally, and U.S. Treasury yields rose as demand for the safe-haven securities eased, reflecting improved investor sentiment.

For the week we took out 25.6  points in closed trades to move us to 37.8 the month and  year. A phenomenal start

Remember… Each point = $1 in profits x the number of shares you would normally trade… So if you would have been trading in all the positions with us with an average of 1000 shares per lot you would have theoretically made $25,600

Current Open Positions

Note… In some of these trades we may have already taken some profits or losses which are included in the totals above, therefore these totals reflect current open full or partial positions.

Markets were flat overall for the week, as a mixed bag of U.S. economic reports balanced slightly positive indications from the eurozone. The most disappointing U.S. economic news was a fairly sharp rise in U.S. initial jobless claims. Countering that was a U.S. Federal Reserve Board report noting widespread improvement in economic activity in the final six weeks of 2011 along with a jump in U.S. consumer credit and consumer sentiment.

Markets came under pressure on Friday after news that credit rating agency Standard & Poor’s is reportedly going to announce a multi-country credit downgrade after the close

For the week we took out 12.2  points in closed trades to move us to 12.2 the month and  year.

Remember… Each point = $1 in profits x the number of shares you would normally trade… So if you would have been trading in all the positions with us with an average of 1000 shares per lot you would have theoretically made $$1220

Current Open Positions

Note… In some of these trades we may have already taken some profits or losses which are included in the totals above, therefore these totals reflect current open full or partial positions.

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