HEDGEfolios year-to-date stock performance for 2009 (through 05/29/09 close) was up 53.61%.

Over the same time period, the S&P 500 index was up 1.79%.

At the end of May, the HEDGEfolios universe consisted of 3,199 stocks.

Commentary: Each time I see signs of a directional change (down) to the market, they rapidly reverse and we get a rally.   Nonetheless, the very light volume is concerning and it will not take much of a catalyst to begin a rollover.  Until then, I am still hanging onto a bullish bias.  At the end of May, 70% of stocks covered by HEDGEfolios had an UP signal and they have contributed greatly to the 53.61% YTD performance.

Here is a chart showing the performance of HEDGEfolios vs. the S&P 500:

Prior Years’ Performance:

• 2008, HEDGEfolios performance was +30.51% vs. -38.47% for the S&P 500 index
• 2007, HEDGEfolios performance was +21.78% vs. + 3.55% for the S&P 500 index
• 2006, HEDGEfolios performance was +25.54% vs. +13.62% for the S&P 500 index
• 2005, HEDGEfolios performance was +19.99% vs. + 3.00% for the S&P 500 index
• 2004, HEDGEfolios performance was +31.19% vs. + 9.00% for the S&P 500 index

Disclaimer: Nothing in my performance quoting is intended as an advertisement or in any other way meant to encourage anyone to subscribe to HEDGEfolios. These performance figures have not been audited or verified by an outside party and are NOT in compliance with the CFA’s AIMR Performance Presentation Standards. They don’t net out any transaction costs such as commissions or management fees and are not a total return calculation as I do not include dividend yields or any compounding factor. These performance figures cover a hypothetical portfolio of the entire HEDGEfolios stock universe with an equal weighting of each security. The calculation is simply the cumulative total of all gains and losses from the signals during the period in question.