Performance - Week Ending 03/21/2014
The Wax Ink Portfolio was up 0.8% for the week. By comparison, the Dow was up 1.5%, the Nasdaq was up 0.7%, the S&P 500 was up 1.4%, the Russell 2000 was up 1.0%, and the Volatility Index, commonly known as the VIX, decreased by 15.8%.
Year to date, the Wax Ink portfolio is up 1.0%, the Dow is down 1.7%, the Nasdaq is up 2.4%, the S&P 500 is up 1.0%, the Russell 2000 is up 2.6%, and the VIX is higher by 9.3%.
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 5%, small tool maker The L.S. Starrett Company (NYSE: SCX), up 5%, and cylinder maker Worthington Industries (NYSE: WOR), up 4%.
This week's losers were aircraft repair company AAR Corporation (NYSE: AIR), down 6%, restaurant grease collection company Darling International (NYSE: DAR), down 1%, and cigarette paper maker Schweitzer-Maudit International (NYSE: SWM), down 1%.
The portfolio's worst performing stocks remain garage door and telephone headset maker Griffon Corporation (NYSE: GFF), down 31% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 11% since being added to the portfolio.
Worksheets were updated this week for: Continental Resources, Inc. (NYSE: CTL) CARBO Ceramics, Inc. (NYSE: CRR), and Exterran Holdings, Inc. (NYSE: EXH).
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.
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