This morning, I will be closing 2 trades that unfortunately have not lived up to expectations. This has dragged down the return of the overall portfolio to 3.50%, well below what it was a few months ago. The 2 trades are:
March 24th: Long Google (GOOG) / Short Blue Nile (NILE)
May 12th: Long Tripadvisor (TRIP) / Short Yelp (YELP)
As is always the case, you can see all of our 2016 (and past years) long & short stock tech trades here:
http://www.intelligentspeculator.net/livetrades
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