Tuesday, July 31, 2007

Monthly Portfolio Performance Report

Two months have gone by, and after a market peak mid July, my stocks took a big hit, lowering my year to date return to +15.20% from a high of +26.74% on 07/13, and bringing my monthly losses to -6.02%.
Even with above expectation earning announcement my biggest loser was Volcom plunging -29.21%! The last time this stock lost a third of its value it went on a bull run, rising 140% over 11 months. This may well be an excellent buying opportunity, now that their European infrastructures are up and running the next quarterly earnings should bring a big upside surprise.


GOOG: -2.43%

NUAN: -1.49%

MRK: -0.30%

EEM: +1.12%

VLCM: -29.21%

GLD: +2.29%

COP: +2.98%

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