2010-06-01

May Performance

Index

May %

YTD %

S&P 500 TR

-7.99

-1.50

MSCI EAFE

-12.06

-13.72

上海 Shanghai

-9.70

-20.90

Fund



Entertain. Trends

1.12

8.83

Green Dragon

1.25

3.70

Best of Funds

2.95

0.97

Pharma & Dogs

-3.49

3.06

China Fund

-2.96

-2.80

Software Security

-0.39

4.59

Yield to Me

-3.53

-0.79

Catch a Falling Knife

12.01

-17.99



My decidedly bearish positioning for most of these portfolios paid off in May. We're off to a bearish start in June, but the only trend I'm confident about is the weak euro. A one-month drop in Chinese manufacturing is a single data point, not a trend, but manufacturing does lead the economy. If China's manufacturing is weaker, the rest of the global economy will follow.

No comments:

Post a Comment