The Wax Ink Portfolio was up 2.9% for the week.
By comparison, the Dow was up 3.0%, the Nasdaq was up 2.4%, the S&P 500 was up 3.4%, the Russell 2000 was up 3.8%, and the Volatility Index, commonly known as the VIX, was down 21.8%.
Year to date, the Wax Ink portfolio is down 14.2%, the Dow is up 7.4%, the Nasdaq is up 14.1%, the S&P 500 is up 12.0%, the Russell 2000 is up 2.8%, and the VIX is higher by 20.2%.
The portfolio breakdown remains roughly 47% equities, 53% cash, and 0% bonds. There was no change to the total number of shares held.
This week's portfolio winners were small tool maker The LS Starrett Company (NYSE: SCX), up 24%, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), up 21%, and building materials company Griffon Corporation (NYSE: GFF), up 7%.
This week's portfolio loser was cylinder maker Worthington Industries (NYSE: WOR), down 15%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 28% since being added to the portfolio, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 37% since being added to the portfolio, and McDermott International (NYSE: MDR), down 37% since being added to the portfolio.
Worksheets were updated this week for:
Valero Energy Corporation (NYSE: VLO), Helmerich and Payne, Inc. (NYSE: HP), Atwood Oceanics (NYSE: ATW), and Harley-Davidson, Inc. (NYSE: HOG).
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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