The Mad hedge Fund Trader's Trade Alert Service posted a 20.5% gain in May, the best monthly performance since its 2010 inception. The 28 trade alerts I sent out during the month also set a new record. That takes the average annualized return up to 22.8%. During the same period, the S&P 500 gained a paltry 10%. This was in a month rated one of the third or fourth most difficult in hedge fund history.
Calling the April 2 top in equities markets within a week was certainly a big help.
My hefty short position in the Russell 2000 small cap index (NYSEARCA:IWM) was my biggest winner, adding 10.34% to the model portfolio's 2012 return. The Euro (NYSEARCA:FXE) was another home run, with my shorts there contributing an additional 9.29%. Short positions in gold (NYSEARCA:GLD), Pulte Homes (NYSE:PHM), and Boeing (NYSE:BA) also helped. On the long side, positions in Apple, Hewlett Packard, and the yen were winners.
Global Trading Dispatch, my highly innovative and successful trade mentoring program, earned a net return for readers of 40.17% in 2011. The service includes my Trade Alert Service, daily newsletter, real time trading portfolio, an enormous trading idea database, and live biweekly strategy webinars. To subscribe, please go to my website at madhedgefundtrader.com , find the Global Trading Dispatch box on the right, and click on the lime green "SUBSCRIBE NOW" button.