Just two months into the new year and we're cruising nicely with this year's Themes. Eight of our nine themes are up an average of 57%, with one theme down modestly:
Theme 1 (Short Banks): Up 100%
Theme 2 (Short Oil): Up 143%
Theme 3 (Short Tech): Up 13%
Theme 4 (Long Gold): Up 24%
Theme 5 (Short Real Estate): Up 37%
Theme 6 (Short China): Up 31%
Theme 7 (Short Euro Banks): Up 69%
Theme 8 (Short Consumers): Up 39%
Theme 9 (Short Toyota): Down 10%
Total portfolio return since January 1st, 2009: Up 49.54%
If you remember, we made a couple counter-theme trades a couple weeks ago. We went long oil and short gold temporarily. Both of those moves paid off nicely. We've already exited (and reversed) the long oil play, and now I'd like you to make the same trade with gold. Effective at tomorrow's open, we'll be making the following change in Theme 4:
Sell DZZ
Buy DGP
