Sunday, February 6, 2011

January 2011 Wrap-up

January saw the continuation of the volatility that began in December. While it was still rather tame, we at least had 15 trades, much better than the months of last fall. We completed the month with a tidy 3.77% return on the Covestor.com portfolio... not bad.

In my opinion, the market remains quite overbought, and volatility is extremely low. Relative to volatility of the past couple of years we are at extremely low levels. I would expect at least a minor correction to be in the short term future to bring things back into balance.

As I continue to recuperate from surgery, expect posts to be sparse.

Good trading...

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