The Wax Ink Portfolio was up 2.2% for the week.
By comparison, the Dow was up 1.4%, the Nasdaq was up 0.9%, the S&P 500 was up 0.9%, the Russell 2000 was up 1.6%, and the Volatility Index, commonly known as the VIX, was down 12.1%.
Year to date, the Wax Ink portfolio is down 12.3%, the Dow is up 8.9%, the Nasdaq is up 15.1%, the S&P 500 is up 13.0%, the Russell 2000 is up 4.4%, and the VIX is higher by 5.7%.
The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.
This week's portfolio winners were offshore oilrig contractor McDermott International (NYSE: MDR), up 16%, small tool maker The LS Starrett Company (NYSE: SCX), up 11%, and trucking company ArcBest Corporation (Nasdaq: ARCB), up 7%.
This week's portfolio losers were cigarette paper maker Schweiter-Maudit International (NYSE: SWM), down 1%, chicken grease processor Darling International (NYSE: DAR), down 0.44%, and agricultural chemical company Agrium (NYSE: AGU), down 0.16%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 25% since being added to the portfolio, municipal/industrial construction
company Layne Christensen (Nasdaq: LAYN), down 35% since being added to the portfolio, and McDermott International (NYSE: MDR), down
26% since being added to the portfolio.
Worksheets were updated this week for:
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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.
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