Positions update

The risk-on trade continued last week, helping our equity longs and resulting in only one closed position for a loss, a 3.33% loss taken in our long FCX holding. After correcting to Aug 2009/Jan 2010 highs, CAD/JPY rallied back to recent highs and has resulted in an over 21% PnL so far in less than a week. VIT continued higher as well, breaking out today to bring our position to an unrealized 12% gain. NFLX broke out on Thursday on positive earnings, sending our position to an over 31% PnL. VMW had a big week, as well, while our BLK short was helped by a bad earnings announcement that sent the stock plummeting 8.56% and our position’s PnL up to 9.63%

Click our Trades tab for more info or visit our Trades Spreadsheet, updated daily.

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