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Written by Zandro Zulueta
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Saturday, 07 June 2008 01:54 |
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This is the trading performance of Zig Traders as of June 7, 2008. The ZIG customer account was launched last January 4, 2008 and trades equities listed in the NYSE, NASDAQ, and AMEX. The ZIG account has a cumulative rate of return of +7.08% since January 4, 2008 or an annualized yearly return of +16.73%. The US market has been very weak of late due to renewed concerns in housing, the financial meltdown, economic weakness, and recession. However, the main highlight of the month is the strong rise of oil which as of yesterday has nearly reached 140 USD per barrel. The very strong rally of the market in April has made everyone think that the economy is about to recover. However, the strong oil has stifled this rally. We may see the market continue to go down to retest its previous lows set in mid-March of this year. Due to all these events, Zig Traders was forced to become agile. ZIG Traders was forced to change strategies from buying stocks in April to short selling stocks in May. Zig Traders has again performed quite well as the S&P 500 returned a cumulative loss of -3.61% for the same duration we have been trading. |
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Written by Zandro Zulueta
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Saturday, 10 May 2008 11:25 |
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This is the trading performance of Zig Traders as of May 10, 2008. The ZIG customer account was launched last January 4, 2008 and trades equities listed in the NYSE, NASDAQ, and AMEX. The ZIG account has a cumulative rate of return of +5.16% since January 4, 2008 or an annualized yearly return of +14.91% . The US market has been resilient for the past 2-3 weeks as all indices rose despite bearish market conditions i.e. further write downs and higher oil prices. As a result, ZIG Traders was forced to change strategies from short selling stocks to buying stocks. Regardless, Zig Traders has performed well as the S&P 500 returned a cumulative loss of -1.65% for the same duration we have been trading. |
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Written by Zandro Zulueta
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Saturday, 19 April 2008 11:14 |
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This is the trading performance of Zig Traders as of April 19, 2008. The customer ZIG account was launched last January 4, 2008 and trades equities listed in the NYSE, NASDAQ, and AMEX. The ZIG account has a cumulative rate of return of +6.28% since January 4, 2008 or an annualized yearly return of +21.77% . Despite bearish and volatile conditions of the US economy and the global financial markets, Zig Traders has consistently performed well as the S&P 500 returned a cumulative loss of -1.37% for the same duration we have been trading. ZIG has outperformed the S&P 500 due to its winning short stock positions. |
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Written by Zandro Zulueta
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Saturday, 12 April 2008 01:11 |
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 This is the trading performance of Zig Traders as of April 12, 2008. The customer ZIG account was launched last January 4, 2008 and trades equities listed in the NYSE, NASDAQ, and AMEX.
The ZIG account has a cumulative rate of return of +7.33% for the past 14 weeks or an annualized yearly return of +27.23% . Despite bearish and volatile conditions of the US economy and the global financial markets, Zig Traders has consistently performed well as the S&P 500 returned a cumulative loss of -5.58% for the same duration we have been trading. ZIG has outperformed the S&P 500 due to its winning short stock positions. |
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Written by Zandro Zulueta
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Saturday, 05 April 2008 02:57 |
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This is the trading performance of Zig Traders as of April 5, 2008. The customer ZIG account was launched last January 4, 2008 and trades equities listed in the NYSE, NASDAQ, and AMEX. The ZIG account has a cumulative rate of return of +6.80% for the past 13 weeks or an annualized yearly return of +27.20% . Despite bearish and volatile conditions of the US economy and the global financial markets, Zig Traders has consistently performed well as the S&P 500 returned a cumulative loss of -2.92% for the same duration we have been trading. ZIG has outperformed the S&P 500 due to its winning short stock positions. |
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ZigTraders.com: Investment Advice - Fund Management
Fund Management Performance
