S&P 500:                 1874 (133.4%)

Portfolio:         $833,223 (166.6%)

IBB                    1153 shares    $310,041

VHT                2025 shares    $223,659

PGJ                   7750 shares    $259,005

Cash                                           $40,704

Notes: The portfolio has not made any changes this month, and has outperformed the S&P 500 by approximately double since beginning this blog.  The S&P 500 strongly recovered from a minor correction in February, but the portfolio was positioned in three of the best-performing sectors of February and outperformed the S&P 500: