Performance

The Wall Street Mayhem short term pick performance took a big hit after the market volatility in late February. Two of our picks hit their stop loss levels very quickly. Despite these recent losses, the total performance of the short term picks is still doing well for the year, but we hope to get back on track and return short term performance to previous levels. Please note that the short term performance results listed below are not adjusted for portfolio weightings. Actual results will vary based on the percentage of the total portfolio entered into each short term trade. The long term trade performance represents the portfolio average return assuming an equal weighting for each long term position.

The Wall Street Mayhem long term picks started out slow, jumped in early February, and then cam back down when the market dropped in late February. At the beginning of May the long term picks were returning a healthy 10.2%. In the middle of January the total long term portfolio average was down 2%, it spiked to over 10% in mid February due to positive news from Whole Foods and Hurco, then it has settled back to the 4% gain range after the February drop in the markets. Whole Foods and National Healthcare are the two underperforming long term picks, but our investment thesis is still alive and well for both of these companies. We have confidence that the new store openings at Whole Foods will fuel growth in revenues and profits for years to come and National HealthCare still stands to benefit from the aging of the baby boomers. These investments are designed to capitalize on long term business advantages and trends. Unlike our short term picks, these long term trades do not necessarily have any short term catalysts. Therefore, we expect some of these picks to be negative at certain points in during the holding period.