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January 2015

Recs

1

Performance - Week Ending 01/30/2015

January 31, 2015 – Comments (0) | RELATED TICKERS: ESV , NBR , COP

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

By comparison, the Dow was down 2.9%, the Nasdaq was down 2.6%, the S&P 500 was down 2.8%, the Russell 2000 was down 2.0%, and the Volatility Index, commonly known as the VIX, was up 25.9%.

Year to date, the Wax Ink portfolio is down 7.4%, the Dow is down 3.7%, the Nasdaq is down 2.1%, the S&P 500 is down 3.1%, the Russell 2000 is down 3.3%, and the VIX is higher by 52.8%.

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

For those of you that have asked what is different about the portfolio, please remember that last year I spent the entire year without consideration for cash, meaning cash was not included in the portfolio value. This year I have included the value of the portfolio cash.

Weekly Winners
This week's portfolio winners were refiner HolleyFrontier Corporation (NYSE: HFC), up 6%, cylinder maker Worthingtion Industries (NYSE: HFC), up 5%, and small tools maker LS Starrett (NYSE: SCX), up 4%.

Weekly Losers
This week's portfolio losers were trucking company ArcBest Corporation (NYSE: ARCB), down 9%, oilfield and infrastructure supplier LB Foster Company (Nasdaq: FSTR), down 6%, and rubber and tire king Goodyear Tire and Rubber Company (NYSE: GT), down 5%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 18% since being added to the portfolio, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 49% since being added to the portfolio, and McDermott International (NYSE: MDR), down 28% since being added to the portfolio.

Worksheets
Archived worksheets may be download 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.

AeroVironment, Inc. - (Nasdaq: AVAV) - FYE 04/2014
The Hershey Company - (NYSE: HSY) - FYE 12/2013
Newell Rubbermaid, Inc. - (NYSE: NWL) - FYE 12/2013
Questar Corporation - (NYSE: STR) - FYE 12/2013
Alon USA Energy, Inc. - (NYSE: ALJ) - FYE 12/2013
ConocoPhillips - (NYSE: COP) - FYE 12/2013
Nabors Industries, Ltd. - (NYSE: NBR) - FYE 12/2013
Enco plc - (NYSE: ESV) - FYE 12/2013.

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

Value Alerts were issued this week for:
There were no company Value Alerts issued this week.

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 01/23/2015

January 24, 2015 – Comments (0) | RELATED TICKERS: HFC , MDR , GRA

The Wax Ink Portfolio was up 0.8% for the week.

By comparison, the Dow was up 0.9%, the Nasdaq was up 2.7%, the S&P 500 was up 1.5%, the Russell 2000 was up 1.0%, and the Volatility Index, commonly known as the VIX, was down 20.5%.

Year to date, the Wax Ink portfolio is down 7.4%, the Dow is down 0.8%, the Nasdaq is up 0.5%, the S&P 500 is down 0.2%, the Russell 2000 is down 1.3%, and the VIX is higher by 21.4%.

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

Past Weeks
I was finally able to work through my server issues and am once again up and running. If anyone is interested in the how the portfolio looked for week ending 01/10/2015, you may view or download the portfolio for that week by clicking here, and for those interest in how the portfolio looked for the week ending 01/16/2015, you may download the portfolio for that week by clicking here.

For those of you that have asked what is different about the portfolio, please remember that last year I spent the entire year without consideration for cash, meaning cash was not included in the portfolio value. This year I have included the value of the portfolio cash.

Weekly Winners
This week's portfolio winners were cylinder maker Worthington Industries (NYSE: WOR), up 11%, refiner HolleyFrontier Corporation (NYSE: HFC), up 10%, and small tools maker LS Starrett (NYSE: SCX), up 8%.

Weekly Losers
This week's portfolio losers were specialty chemicals company WR Grace and Company (NYSE: GRA), down 3%, trucker ArcBest Corporation (Nasdaq: ARCB), down 3%, and grease recycling king Darling International (NYSE: DAR), down 2%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 24% since being added to the portfolio, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 47% since being added to the portfolio, and McDermott International (NYSE: MDR), down 25% since being added to the portfolio.

Worksheets
Worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry.

Value Alerts were issued this week for:
There were no value alerts issued this week.

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

Wax

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

Recs

3

Performance - Week Ending 01/02/2015

January 03, 2015 – Comments (0) | RELATED TICKERS: MDR , SCX , GRA

The Wax Ink Portfolio was down 1.5% for the week.

By comparison, the Dow was down 1.2%, the Nasdaq was down 1.7%, the S&P 500 was down 1.5%, the Russell 2000 was down 1.4%, and the Volatility Index, commonly known as the VIX, was up 22.7%.

Year to date, the Wax Ink portfolio is down 0.0%, the Dow is up 0.1%, the Nasdaq is down 0.2%, the S&P 500 is down 0.0%, the Russell 2000 is down 0.5%, and the VIX is higher by 29.7%.

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

2014 Results
After adjusting the portfolio for dividends and re-balancing to account for the change in the number of shares held, the Wax Ink portfolio ended 2014 down 2.61%.

By comparison, the Dow ended 2014 up 7.5%, the Nasdaq ended up 13.4%, the S&P 500 ended up 11.4%, the Russell 2000 ended up 3.5%, and the Volatility Index, commonly known as the VIX, ended up 39.9%.

Weekly Winners
This week's portfolio winners were offshore oil rig contractor McDermott International (NYSE: MDR), up 4%, small tool maker The LS Starrett Company (NYSE: SCX), up 1%, and container maker Myers Industries (NYSE: MYE), up 1%.

Weekly Losers
This week's portfolio losers were specialty chemicals company WR Grace and Compnay (NYSE: GRA), down 3%, trucking company ArcBest Corporation (Nasdaq: ARCB), down 3%, and we make everything company General Electric (NYSE: GE), down 3%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 26% since being added to the portfolio, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 36% since being added to the portfolio, and McDermott International (NYSE: MDR), down 23% since being added to the portfolio.

Worksheets
I continue to update worksheets. Once I get my server repaired I will include a list with the appropriate links in these pages.

Value Alerts were issued this week for:
There were no value alerts issued this week.

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing. To access any worksheet in this post, click on the associated company name. Thanx.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2014 Wax Ink  [more]

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