Unparalleled performance! What a year we’re having.

2013 Alphahorn Swing SystemThis has been a very nice run since the last week of June.  The RUSSELL long is up 32%, Financial long up 29%, Energy up 24% and the SPX up 22%.  Precious metals continue to disappoint, but the Portfolio is still up 16% since June 24th and about 44% year-to-date!  The Alphahorn Portfolio is probably out performing every hedge fund on the planet.  Zero Hedge posted a chart of the top performing and worst performing hedge funds for 2013 on July 11 http://www.zerohedge.com/news/2013-07-11/complete-2013-year-date-hedge-fund-performance, and if Alphahorn Market Musings qualified, it would top the list.  The System does not have any changes or alerts going into Monday.  But as I noted earlier this week, there are many signs of a looming top.

The 30 min chart shows the possibilities for the final leg of primary wave [3].  I’m looking for a top of 1704 as my first choice.  Should it continue beyond that level, then 1725ish should provide significant resistance.  We’ll be looking to secure these wonderful returns by taking profits more than likely ahead of the top.  Stay tuned this week, and pay attention to intra-day updates if you want to know when the decision to exit has been made. spx 30

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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