The Wax Ink Portfolio was down 0.1% for the week.
By comparison, the Dow was down 0.2%, the Nasdaq was up 0.8%, the S&P 500 was up 0.2%, the Russell 2000 was up 0.7%, and the Volatility Index, commonly known as the VIX, was down 2.0%.
Year to date, the Wax Ink portfolio is down 1.4%, the Dow is up 2.3%, the Nasdaq is up 7.5%, the S&P 500 is up 3.3%, the Russell 2000 is up 3.9%, and the VIX is lower by 11.6%.
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 rubber king The Goodyear Tire and Rubber Company (NYSE: GT), up 3%, specialty chemical maker WR Grace and Company (NYSE: GRA), up 2%, and maker of almost everything General Electric (NYSE: GE), up 2%.
This week's portfolio losers were small tool maker The LS Starrett Company (AMEX: SCX), down 6%, cigarette paper maker Schweitzer-Maudit International (NYSE: SWM), down 5%, and infrastructure supplier LB Foster Company (Nasdaq: FSTR), down 3%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 10% (down 2% for the week) since being added to the portfolio, and municipal construction company Layne Christensen (Nasdaq: LAYN), down 45% (up 2% for the week) since being added to the portfolio.
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.
Rowan Companies PLC (NYSE: RDC) - FYE 12/2014
Contango Oil and Gas Company, Inc. (NYSE: MCF) - FYE 12/2014
Sigma-Aldrich Corporation (Nasdaq: SIAL) - FYE 12/2014
Tesoro Corporation (NYSE: TSO) - FYE 12/2014
Valero Energy Corporation (NYSE: VLO) - FYE 12/2014
Western Refining, Inc. (NYSE: WNR) - 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 Rowan Companies at ($1-$2), Contango Oil and Gas at $73-$76, Sigma-Aldrich at $63-$69, Tesoro Corporation at $88-$103, Valero Energy at $84-$90, and Western Refining at $74-$76.
Have a great week.
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