HedgeFundTradeAlert

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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