Black Swan Hedge Update: February 4, 2010 (as of Close of Markets)

 |  Includes: EEM, EFA, GLD, SPY, VXX
by: Lawrence Weinman

S&P 500 (NYSEARCA:SPY) -3.1%

EEM (emerging mkts) -4.5%

EFA (developed markets) -4%

VXX volatility ETN +11%

Oh and that hedge for times of uncertainty in the midst of massive stock selloff and talk of major European countries defaulting on their debt?

GLD (gold) -4.1%