MCM APRIL 2012 PORTFOLIO RESULTS.

Portfolio #1 April results.

Our April Portfolio #1 showed a very minor gain of $250 gain. for the month of April.

We closed out X, which eventually expired worthless and had some problems with SLW, IP, IBN and had to close out NEM for was basically a wash trade.

In conclusion, the complete portfolio #1 performance can be seen in the PORTFOLIO section of newsletter.

We currently have 5 open May positions in PORTFOLIO #1 and will be adding several spreads this weekend for the May expiration cycle.

Portfolio #2 April results.

Our April Portfolio #2 showed a $160 loss. for the month of April.

It was unfortunate and ironic that BOTH the CAT and CMI put spreads that we closed out, both finished out of the money and would have expired worthless. However, with 5 point strike prices between spreads and increased volatility you can't potentially stand in the way of a train, especially if it could be coming directly toward you.

In conclusion, the complete portfolio #2 performance can be seen in the PORTFOLIO section of newsletter.

We currently have 2 open May positions in PORTFOLIO #2 and will be adding several spreads this weekend for the May expiration cycle.

Anyway, we will be adding additional positions to our MAY recommended list this weekend.

Both of the May portfolio #1 and #2 and watch lists will begin being followed today after the close. ( see May watch list below )

MCM May 2012 Watch list.