The Wax Ink Portfolio was unchanged for the week finishing where it started at $39.81. By comparison, the Dow was up 1.7%, the Nasdaq was up 0.3%, the S&P 500 was up
1.3%, the Russell 2000 was down 1.2%, and the Volatility Index, commonly known as the VIX, was down 9%.
Year to date, the Wax Ink portfolio is down 3.5%, the Dow is up 4.2%, the Nasdaq is up 9.7%, the S&P 500 is up 8.8%, the Russell 2000 is down 1.4%, and the VIX is lower by 11.7%.
The portfolio breakdown is 50% equities, 50% cash, and 0% bonds. There was no change to the total number of shares held.
This week's portfolio pot-o-gold stocks were the ignorantly named trucking company ArcBest Corporation (Nasdaq: ARCB), up 5%, really really big company General Electric Company (NYSE: GE), up 2%, and refiner HollyFrontier Corporation (NYSE: HFC) up 1%.
This week's portfolio green weenie stocks were cigarette paper maker Schweitzer-Maudit International (NYSE: SWM), down 3%, rubber king Goodyear Tie and Rubber Company (NYSE: GT), down 3%, and chicken wing recycler Darling International (NYSE: DAR), down 2%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 32% since being added to the portfolio, and municipal/industrial
construction company Layne Christensen (Nasdaq: LAYN), down 30% since being added to the portfolio.
Worksheets were updated this week for:
The Scotts Miracle-Gro Company (NYSE: SMG), Bristow Group, Inc. (NYSE: BRS), Trinity Industries, Inc. (NYSE: TRN), Oasis Petroleum, Inc. (NYSE: OAS), and Noble Energy, Inc. (NYSE: NBL).
There were no Value Alerts issued.
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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