Update on Stockpickr Portfolio

We just updated our results on this portfolio. We will punt Starbucks (SBUX) and remain long Yahoo, Intel, Rite Aid, Silver Trust, Google and Famous Daves. We have modified how we track our results. They are now equal weighted and our results are updated to reflect this change.

This portfolio is up year to date now 9.56%. We began the year up 6.17% in January and then lost money for February through April down -1.29%, -2.88% and -.82% before finishing up 6.66% in May. So far in June, we are up 1.73%. The S&P 500 is up 7.90%. There is no Bill Miller Syndrome here.

New ideas will be forthcoming shortly.