Losses(unbooked): US market Prediction - Intra day for June 16 - trade no 48

Total value of portfolio now down to $10.36 million - a loss of $0.60 million since start of week.

 

The bulk of these losses are due to long position in Aluminium stock Alcoa( over 950,000 shares)

 

Pure day trading losses: Profit of $ 18,000 on shorting walmart, Loss of $33,000 on buying Aloca 150500  new shares- net day trading loss  $15,000.

 

 

Comment: Pls read the weekly predictions for US market. Strictly following the weekly strategy of shorting for next day and closing long position on same day would have been hugely profitable- something we did not implement due to odd trading hours