Performance - Week Ending 03/07/2014
The Wax Ink Portfolio was increased 2.1% for the week. By comparison, the Dow was 0.8% higher, the Nasdaq was 0.7% higher, the S&P 500 was 1.0% higher, the Russell 2000 was up 1.7%, and the Volatility Index, commonly known as the VIX, increased by 0.8%.
Year to date, the Wax Ink portfolio is up 2.6%, the Dow is down 0.7%, the Nasdaq is up 3.8%, the S&P 500 is up 1.6%, the Russell 2000 is up 3.4%, and the VIX is higher by 2.8%.
The portfolio breakdown remains roughly 66% equities, 34% cash, and 0% bonds. There was no change in the total shares held.
This week's winners were trucking company Arkansas Best Corporation (Nasdaq: ABFS), up 12%, airplane repair company AAR Corporation (NYSE: AIR), up 7%. and refiner Holly Frontier Corporation (NYSE: HFC), up 4%.
This week's losers were cigarette paper maker Schweitzer-Maudit International, Inc. (NYSE: SWM), down 5%, container maker Myers Industries, Inc. (NYSE: MYE), down 3%, and drug company Cubist Pharmaceuticals, Inc. (Nasdaq: CBST), down 3%.
The portfolio's worst performing stocks remain garage door and telephone headset maker Griffon Corporation (NYSE: GFF), down 29% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 9% since being added to the portfolio.
Worksheets were updated this week for New York and Company, Inc. (NYSE: NWY), Ross Stores, Inc. (Nasdaq: ROST), Shoe Carnival, Inc. (Nasdaq: SCVL), SteinMart, Inc. (Nasdaq: SMRT), The Buckle, Inc. (NYSE: BKE), The Cato Corporation (Nasdaq: CATO), The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), The Men's Warehouse, Inc. (NYSE: MW), The Wet Seal, Inc. (Nasdaq: WTSL), Zumies, Inc. (Nasdaq: ZUMZ), J.C. Penny Company, Inc. (NYSE: JCP), The Bon-Ton Stores, Inc. (Nasdaq: BONT), Big Lots, Inc. (NYSE: BIG), Dollar General Corporation (NYSE: DG), Fred's, Inc. (Nasdaq: FRED), The Kroger Company, Inc. (NYSE: KR), Conn's, Inc. (Nasdaq: CONN),Lowe's Companies, Inc. (NYSE: LOW).
Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing. To access the worksheets for this post, click on the associated company name.
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