January 16th: Ed’s Daily Portfolio Summary   8 comments

My portfolio beat everything but the Nasdaq (+0.22%) today:

DIS: 0.44 to $51.53 ( 0.86% , 1.82% overall)– bought at $50.61
LINE: -0.11 to $36.95 ( -0.30% , -6.48% overall)– bought at $39.51
NNVC: 0.01 to $0.49 ( 2.08% , -12.50% overall)– bought at $0.56
SAND: -0.11 to $12.76 ( -0.85% , 8.41% overall)– bought at $11.77
SPXU: 0.03 to $34.20 ( 0.09% , -2.65% overall)– bought at $35.13
UVXY: -0.55 to $13.12 ( -4.02% , -2.38% overall)– dollar cost averaged at $13.44 today
YHOO: 0.55 to $20.07 ( 2.82% , 32.30% overall)– bought at $15.17

OVERALL: +0.13%

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Posted January 16, 2013 by edmcgon in Open Thread, Portfolio

8 responses to January 16th: Ed’s Daily Portfolio Summary

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  1. The Quote of the Decade:

    “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America ‘s debt weakens us domestically and internationally. Leadership means that, ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

    ~ Senator Barack H. Obama, March 2006
    :) :) Have a great evening!! :)

    • But that was different. That was a failure of leadership. This is an unavoidable circumstance that was created by others that, unfortunately, this leader is having to work through. However, rest assured that he will do everything in his power to raise the limit only the amount necessary to see us through this difficult time, created by others, and will from this point forward work diligently to make sure that America is never in this position again. Damn, I ought to become a script writer for these clowns! :)

    • No problem. There is a law on the books that allows the Treasury to mint platinum coins. In this case, a $1 trillion coin.

      http://www.rule501.com/1-trillion-coin-is-a-possible-debt-ceiling-solution/

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