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Recs

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Performance - Week Ending 04/24/2015

April 25, 2015 – Comments (0) | RELATED TICKERS: GTLS , PTEN , ENR

The Wax Ink Portfolio was up 0.7% for the week.

By comparison, the Dow was up 1.4%, the Nasdaq was up 3.2%, the S&P 500 was up 1.8%, the Russell 2000 was up 1.3%, and the Volatility Index, commonly known as the VIX, was down 11.5%.

Year to date, the Wax Ink portfolio is down 1.7%, the Dow is up 1.4%, the Nasdaq is up 7.5%, the S&P 500 is up 2.9%, the Russell 2000 is up 5.2%, and the VIX is lower by 10.4%.

The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

Weekly Winners
This week's portfolio winners were refiner HollyFrontier Corporation (NYSE: HFC), up 5%, trucking company ArcBest Corporation (Nasdaq: ARCB), up 4%, and cylinder maker Worthington Industries (NYSE: WOR), up 3%.

Weekly Losers
This week's portfolio losers were offshore rig contractor McDermott International (NYSE: MDR), down 3%, maker of all things necessary General Electric (NYSE: GE), down 2%, and ag chemical company Agrium (NYSE: AGU), down 1%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 3% since being added to the portfolio, and municipal construction company Layne Christensen (Nasdaq: LAYN), down 63% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

Chart Industries, Inc. (Nasdaq: GTLS) - FYE 12/2014

Mueller Industries, Inc. (NYSE: MLI) - FYE 12/2014

Energizer Holdings, Inc. (NYSE: ENR) - FYE 09/2014

Reliance Steel and Aluminum Company (NYSE: RS) - FYE 12/2014

Patterson-UTI Energy, Inc. (Nasdaq: PTEN) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own

due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for Chart Industries at $28-$36, Mueller Industries at $44-$51, Energizer Holdings at $59-$77, Reliance Steel at $68-$73, and Patterson-UTI at $51-$57.


Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink  [more]

Recs

1

Performance - Week Ending 04/17/2015

April 18, 2015 – Comments (0) | RELATED TICKERS: HOG , CAT , VMI

The Wax Ink Portfolio was down 0.7% for the week.

By comparison, the Dow was down 1.3%, the Nasdaq was down 1.3%, the S&P 500 was down 1.0%, the Russell 2000 was down 1.0%, and the Volatility Index, commonly known as the VIX, was up 10.4%.

Year to date, the Wax Ink portfolio is down 2.4%, the Dow is up 0.02%, the Nasdaq is up 4.1%, the S&P 500 is up 1.1%, the Russell 2000 is up 3.9%, and the VIX is higher by 1.2%.

The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

Weekly Winners
This week's portfolio winners were offshore contractor McDermott International (NYSE: MDR), up 5%, small tool maker LS Starrett (NYSE: SCX), up 2%, and refiner HollyFrontier (NYSE: HFC), up 1%.

Weekly Losers
This week's portfolio losers were cylinder maker Worthington Industries (NYSE: WOR), down 5%, maker of all things necessary General Electric (NYSE: GE), down 4%, and paper maker Schweitzer-Maudit International (NYSE: SWM), down 3%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 6% since being added to the portfolio, and municipal construction company Layne Christensen (Nasdaq: LAYN), down 65% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

ExxonMobil Corporation (NYSE: XOM) - FYE 12/2014

Harley-Davidson, Inc. (NYSE: HOG) - FYE 12/2014

Halliburton Company (NYSE: HAL) - FYE 12/2014

Trinity Industries, Inc. (NYSE: TRN) - FYE 12/2014

Valmont Industries, Inc. (NYSE: VMI) - FYE 12/2014

Caterpillar, Inc. (NYSE: CAT) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for ExxonMobil at $86-$87, Harley-Davidson at $49-$52, Halliburton at $52-$57, Trinity Industries at $52-$53, Valmont Industries at $89-$98, and Caterpillar at $64-$65.


Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink  [more]

Recs

1

Performance - Week Ending 04/10/2015

April 11, 2015 – Comments (0) | RELATED TICKERS: PSX , AA , KAMN

The Wax Ink Portfolio was up 0.7% for the week.

By comparison, the Dow was up 1.7%, the Nasdaq was up 2.2%, the S&P 500 was up 1.7%, the Russell 2000 was up 0.7%, and the Volatility Index, commonly known as the VIX, was down 14.2%.

Year to date, the Wax Ink portfolio is down 1.7%, the Dow is up 1.3%, the Nasdaq is up 5.5%, the S&P 500 is up 2.1%, the Russell 2000 is up 5.0%, and the VIX is lower by 8.3%.

The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

Weekly Winners
This week's portfolio winners were offshore contractor McDermott International (NYSE: MDR), up 17%, maker of all things General Electric (NYSE: GE), up 14%, and ag chemicals company Agrium (NYSE: AGU), up 2%.

Weekly Losers
This week's portfolio losers were infrastructure supplier LB Foster (Nasdaq: FSTR), down 5%, small tool maker LS Starrett (NYSE: SCX), down 4%, and helicopter wizard Kaman Corporation (Nasdaq: KAMN), down 1%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 3% since being added to the portfolio, and

municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 67% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

PBF Energy, Inc. (NYSE: PBF) - FYE 12/2014

Hess Corporation (NYSE: HES) - FYE 12/2014

Murphy Oil Corporation (NYSE: MUR) - FYE 12/2014

Phillips 66 (NYSE: PSX) - FYE 12/2014

Alcoa, Inc. (NYSE: AA) - FYE 12/2014

NACCO Industries, Inc. (NYSE: NC) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for PBF Energy at $24-$28, Hess Corporation at $94-$102, Murphy Oil Corporation at $96-$108, Phillips 66 at $77-$79, Alcoa at $33-$38, and WR Grace at $38-$40.

Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink  [more]

Recs

2

Performance - Week Ending 04/03/2015

April 04, 2015 – Comments (0) | RELATED TICKERS: CRR , AMWD , KWR

The Wax Ink Portfolio was up 2.0% for the week.

By comparison, the Dow was up 0.3%, the Nasdaq was down 0.1%, the S&P 500 was up 0.3%, the Russell 2000 was up 1.2%, and the Volatility Index, commonly known as the VIX, was down 2.7%.

Year to date, the Wax Ink portfolio is down 2.4%, the Dow is down 0.3%, the Nasdaq is up 3.2%, the S&P 500 is up 0.4%, the Russell 2000 is up 4.2%, and the VIX is higher by 6.9%.

The portfolio breakdown was altered this week as I closed my position in Myers Industries (NYSE: MYE). While I did note a couple of weeks ago that the company has some accounting issues with its Brazilian operations, that news did not enter in to my decision to close my position. I had owned the stock for 12 years, and it was just time to replace it with one that has greater appreciation potential.

Weekly Winners
This week's portfolio winners were offshore contractor McDermott International (NYSE: MDR), up 15%, cylinder maker Worthington Industries (NYSE: WOR), up 4%, and tire king Goodyear Tire and Rubber Company (NYSE: GT), up 2%.

Weekly Losers
This week's portfolio losers were refiner HollyFrontier Corporation (NYSE: HFC), down 4%, trucker ArcBest Corporation (Nasdaq: ARCB), down 2%, and ag chemicals company Agrium, Inc. (NYSE: AGU), down 1%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 3% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 67% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

American Woodmark Corporation (Nasdaq: AMWD) - FYE 04/2014

CARBO Ceramics, Inc. (NYSE: CRR) - FYE 12/2014

Celanese Corporation (NYSE: CE) - FYE 12/2014

E. I. du Pont de Nemours and Company (NYSE: DD) - FYE 12/2014

Quaker Chemical Corporation (NYSE: KWR) - FYE 12/2014

WR Grace and Company (NYSE: GRA) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for American Woodmark Corporation at $31-$39, CARBO Ceramics at $40-$47, Celanese Corporation at $32-$41, du Pont at $50-$54, Quaker Chemicalat $59-$64, and WR Grace at $38-$40.


Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink  [more]

Recs

1

Performance - Week Ending 03/27/2015

March 28, 2015 – Comments (0) | RELATED TICKERS: OLN , OIS , WLL

The Wax Ink Portfolio was down 0.5% for the week.

By comparison, the Dow was down 2.3%, the Nasdaq was down 2.7%, the S&P 500 was down 2.2%, the Russell 2000 was down 2.0%, and the Volatility Index, commonly known as the VIX, was up 15.7%.

Year to date, the Wax Ink portfolio is down 4.3%, the Dow is down 0.6%, the Nasdaq is up 3.3%, the S&P 500 is up 0.1%, the Russell 2000 is up 3.0%, and the VIX is higher by 9.8%.

The portfolio breakdown remains roughly 55% cash, 45% equities, and 0% bonds. There was no change to the total number of shares held.

Weekly Winners
This week's portfolio winners were offshore contractor McDermott International (NYSE: MDR), up 10%, small tool maker LS Starrett Company (NYSE: SCX), up 3%, and container maker Myers Industries (NYSE: MYE), up 2%.

Weekly Losers
This week's portfolio losers were trucking company ArcBest Corporation (Nasdaq: ARCB), down 8%, steel cylinder maker Worthington Industries (NYSE: WOR), down 5%, and refiner HollyFrontier Corporation (NYSE: HFC), down 3%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 3% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 72% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

Oil States International, Inc. (NYSE: OIS) - FYE 12/2014

National Oilwell Varco, Inc. (NYSE: NOV) - FYE 12/2014

Fastenal Company, Inc. (Nasdaq: FAST) - FYE 12/2014

Olin Corporation (NYSE: OLN) - FYE 12/2014

The Brink's Company (NYSE: OLN) - FYE 12/2014

Whiting Petroleum Corporation (NYSE: WLL) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for Oil States International at $71-$73, National Oilwell Varco at $69-$77, Fastenal at $32-$41, Olin Corporation at $29-$37, The Brink's Companyat $9-$14, and

Whiting Petroleum Corporation at $25-$27.


Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink  [more]

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