True Profits Earned in 2014 to date: US$39,384.88
Current drawdown from maximum true profit earned in 2014: US$325.96
Change from last week: US$1,344.91
Directional stance: Portfolio is 57.38% bullish.
The year-end is near. It's been a short week with markets closed for the Christmas holidays. The markets are continuing to hit new highs but without the ferocity of the rally we witnessed last week. Truly a Santa rally. The rally appears to be winding down in anticipation of the next pullback. I did some old-school phone trading again to rejig the portfolio, given the rally earlier this week. So now, the portfolio is primed to make more should the rally wish to continue. Should the pullback come, then it's hold-on-to-your seats time until the rally resumes again. There are 2.5 trading days left in the calendar. All I want now is for the portfolio to cross the target threshold I have set for this year. Then all would be well! I expect to update again sometime in the first days of January 2015 to do a major yearly update.
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