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Performance - Week Ending 01/31/2014

|Includes:ArcBest Corporation (ARCB), GFF, GT, IRF, LAYN, SWM

The Wax Ink Portfolio was down 0.6% for the week. By comparison, the Dow was down 1.1%, the Nasdaq was down 0.6%, the S&P 500 was down 0.4%, the Russell 2000 was down 1.2%, and the Volatility Index, commonly known as the VIX, increased by 1.5%.

Year to date, the Wax Ink portfolio is down 4.0%, the Dow is down 5.3%, the Nasdaq is down 1.7%, the S&P 500 is down 3.6%, the Russell 2000 is down 2.8%, and the VIX is higher by 34.2%.

The portfolio breakdown remains roughly 66% equities, 34% cash, and 0% bonds. There was no change in the total shares held.

This week's darlings of the portfolio were trucking company Arkansas Best Corporation (Nasdaq: ABFS), up 6%, rubber king The Goodyear Tire and Rubber Company (NYSE: GT), up 3%, and paper company Schweitzer-Maudit International (NYSE: SWM), up 2%.

This week's portfolio stinkers were garage door and telephone headset maker Griffon Corporation (NYSE: GFF), down 10%, municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 3%, and semiconductor maker International Rectifier Corporation (NYSE: IRF), down 3%.

This week's straining to go stocks remain garage door and telephone headset makerGriffon Corporation (NYSE: GFF), down 30% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 16% since being added to the portfolio.

Wax

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Disclosure: I am long ABFS, GT, SWM, GFF, LAYN, IRF.

Stocks: ARCB, GT, SWM, GFF, LAYN, IRF