Performance - Week Ending 09/26/2014
The Wax Ink Portfolio was down 2.7% for the week. By comparison, the Dow was down 1%, the Nasdaq was down 1.5%, the S&P 500 was down 1.4%, the Russell 2000 was down 2.4%, and the Volatility Index, commonly known as the VIX, was up 22.6%.
Year to date, the Wax Ink portfolio is down 6.1%, the Dow is up 3.2%, the Nasdaq is up 8%, the S&P 500 is up 7.3%, the Russell 2000 is down 3.8%, and the VIX is higher by 8.2%.
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 1%.
This week's portfolio green weenie stocks were container maker Myers Industries, Inc. (NYSE: MYE), down 5%, cylinder maker Worthington Industries, Inc. (NYSE: WOR), 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 33% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 35% since being added to the portfolio.
Worksheets were updated this week for:
Tupperware Brands Corporation (NYSE: TUP), The Babcock and Wilcox Company (NYSE: BWC), Anixter International, Inc. (NYSE: AXE), Huntington Ingalls Industries, Inc. (NYSE: HII), Brunswick Corporation (NYSE: BC), Cytec Industries, Inc. (NYSE: CYT).
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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