The Wax Ink Portfolio was up 0.5% for the week.
By comparison, the Dow was up 1.0%, the Nasdaq was up 0.5%, the S&P 500 was up 1.2%, the Russell 2000 was down 0.1%, and the Volatility Index, commonly known as the VIX, was down 3.1%.
Year to date, the Wax Ink portfolio is down 6.7%, the Dow is up 7.4%, the Nasdaq is up 12.8%, the S&P 500 is up 11.6%, the Russell 2000 is up 0.8%, and the VIX is lower by 6.0%.
The portfolio breakdown remains roughly 50% equities, 50% cash, and 0% bonds. There was no change to the total number of shares held.
This week's portfolio winners were container maker Myers Industries (NYSE: MYE), up 6%, oil refiner HollyFrontier (NYSE: HFC), up 4%, and tire and drug maker Cubist (Nasdaq: CBST), up 4%.
This week's portfolio losers were infrastructure supplier LB Foster Company (Nasdaq: FSTR), down 6%, cigarette paper maker Schweiter-Maudit International (NYSE: SWM), down 5%, and small tool maker The LS Starrett Company (NYSE: SCX), down 5%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 30% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 52% since being added to the portfolio.
Worksheets were updated this week for:
Derma Sciences, Inc. (Nasdaq: DSCI), Delux Corporation. (NYSE: DLX), DepotMed, Inc. (Nasdaq: DEPO), Penn National Gaming, Inc. (Nasdaq: PENN), Mueller Industries, Inc. (NYSE: MLI).
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 Ink is a baseline equity research company not licensed or registered with any government agency
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