The Wax Ink Portfolio was down 0.7% for the week.
By comparison, the Dow was down 1.3%, the Nasdaq was down 1.3%, the S&P 500 was down 1.0%, the Russell 2000 was down 1.0%, and the Volatility Index, commonly known as the VIX, was up 10.4%.
Year to date, the Wax Ink portfolio is down 2.4%, the Dow is up 0.02%, the Nasdaq is up 4.1%, the S&P 500 is up 1.1%, the Russell 2000 is up 3.9%, and the VIX is higher by 1.2%.
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 contractor McDermott International (NYSE: MDR), up 5%, small tool maker LS Starrett (NYSE: SCX), up 2%, and refiner HollyFrontier (NYSE: HFC), up 1%.
This week's portfolio losers were cylinder maker Worthington Industries (NYSE: WOR), down 5%, maker of all things necessary General Electric (NYSE: GE), down 4%, and paper maker Schweitzer-Maudit International (NYSE: SWM), down 3%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 6% since being added to the portfolio, and municipal construction company Layne Christensen (Nasdaq: LAYN), down 65% 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.
ExxonMobil Corporation (NYSE: XOM) - FYE 12/2014
Harley-Davidson, Inc. (NYSE: HOG) - FYE 12/2014
Halliburton Company (NYSE: HAL) - FYE 12/2014
Trinity Industries, Inc. (NYSE: TRN) - FYE 12/2014
Valmont Industries, Inc. (NYSE: VMI) - FYE 12/2014
Caterpillar, Inc. (NYSE: CAT) - 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 ExxonMobil at $86-$87, Harley-Davidson at $49-$52, Halliburton at $52-$57, Trinity Industries at $52-$53, Valmont Industries at $89-$98, and Caterpillar at $64-$65.
Have a great week.
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