Seeking Alpha

Scott Wachsler's  Instablog

Scott Wachsler
Send Message
I manage Wax Ink.net, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
My company:
Wax Ink
My blog:
Wax Ink
View Scott Wachsler's Instablogs on:
  • Performance - Week Ending 12/19/2014

    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

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2014 Wax Ink

    Dec 20 9:35 AM | Link | Comment!
  • Performance - Week Ending 12/12/2014

    The Wax Ink Portfolio was down 4.5% for the week.

    By comparison, the Dow was down 3.8%, the Nasdaq was down 2.7%, the S&P 500 was down 3.5%, the Russell 2000 was down 2.5%, and the Volatility Index, commonly known as the VIX, was up 78.3%.

    Year to date, the Wax Ink portfolio is down 16.7%, the Dow is up 4.2%, the Nasdaq is up 11.4%, the S&P 500 is up 8.3%, the Russell 2000 is down 1.0%, and the VIX is higher by 53.6%.

    With the sale of Cubist Pharmaceuticals this week, the portfolio breakdown is now 46% equities, 54% cash, and 0% bonds.

    This week's portfolio winner was municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), up 9%.

    This week's portfolio losers were offshore construction contractor McDermott International (NYSE: MDR), down 26%, oil refiner HollyFrontier Corporation (NYSE: SWM), down 6%, and cylinder maker Worthington Industries (NYSE: WOR), down 6%.

    The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 33% since being added to the portfolio, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 48% since being added to the portfolio, and McDermott International (NYSE: MDR), down 38% since being added to the portfolio.

    Worksheets were updated this week for:
    Anadarko Petroleum Corporation (NYSE: APC), Marathon Oil Corporation (NYSE: MRO), Hess Corporation (NYSE: HES), and Tesoro Corporation (NYSE: TSO).

    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

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2014 Wax Ink

    Tags: LAYN, MDR, HFC, WOR, GFF, APC, MRO, HES, TSO
    Dec 13 9:14 AM | Link | Comment!
  • Performance - Week Ending 12/05/2014

    The Wax Ink Portfolio was up 0.6% for the week.

    By comparison, the Dow was up 0.7%, the Nasdaq was down 0.2%, the S&P 500 was up 0.4%, the Russell 2000 was op 0.8%, and the Volatility Index, commonly known as the VIX, was down 11.3%.

    Year to date, the Wax Ink portfolio is down 7.3%, the Dow is up 8.3%, the Nasdaq is up 14.5%, the S&P 500 is up 12.3%, the Russell 2000 is up 1.6%, and the VIX is lower by 13.8%.

    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 infrastructure materials supplier LB Foster (Nasdaq: FSTR), up 8%, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), up 6%, container maker Myers Industries (NYSE: MYE), up 4%.

    This week's portfolio losers were offshore construction contractor McDermott International (NYSE: MDR), down 6%, oil refiner HollyFrontier Corporation (NYSE: SWM), down 2%, and We Make Everything company General Electric (NYSE: GE), down 2%.

    The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 29% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 52% since being added to the portfolio, and McDermott International (NYSE:

    MDR), down 15% since being added to the portfolio.

    Worksheets were updated this week for:
    Mine Safety Appliances Company (NYSE: MSA), Honeywell International (NYSE: HON), Roper Industries, Inc. (NYSE: ROP), Hanesbrands, Inc. (NYSE: HBI), Under Armour, Inc. (NYSE: UA), Caterpillar, Inc. (NYSE: CAT), Under Armour, Inc. (NYSE: UA).

    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

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2014 Wax Ink

    Tags: FSTR, LAYN, MYE, MDR, HFC, GE, GFF, MSA, HON, ROP, HBI, UA, CAT
    Dec 06 8:53 AM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.