The Wax Ink Portfolio was up 0.3% for the week. By comparison, the Dow was up 0.7%, the Nasdaq was up 1.4%, the S&P 500 was up 1.2%, the Russell 2000 was up 0.7%, and the Volatility Index, commonly known as the VIX, was down 0.4%.
Year to date, the Wax Ink portfolio is down 1.2%, the Dow is up 0.8%, the Nasdaq is up 1.6%, the S&P 500 is up 4.1%, the Russell 2000 is down 2.5%, and the VIX is lower by 16.9%.
The portfolio breakdown is 65% equities, 35% cash, and 0% bonds. There was no change in the total shares held.
This week's winners were infrastructure supplier LB Foster Company (Nasdaq: FSTR), up 3%, pharmaceutical company Cubist Pharmaceuticals (Nasdaq: CBST), up 3%, and rubber and tire king The Goodyear Tire and Rubber Company (NYSE: GT), up 3%.
This week's punch bowl floaters were small tool maker The LS Starrett Company (NYSE: SCX), down 4%, after market auto parts company Dorman Products (Nasdaq: DORM), down 2%, and cigarette paper maker Schweiter-Maudit International(NYSE: SWM), down 2%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 35% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 25% since being added to the portfolio.
Worksheets were updated this week for:
Ultra Petroleum Corporation (NYSE: UPL), McDermott International, Inc. (NYSE: MDR), Dawson Geophysical Company (Nasdaq: DWSN), Matrix Service Company. (Nasdaq: MTRX), Sanchez Energy Corporation (NYSE: SN), Aegion Corporation (Nasdaq: AEGN), and National Oilwell Varco, Inc. (NYSE: NOV).
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.
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Disclosure: I am long FSTR, GT, CBST, SCX, DORM, SWM, GFF, LAYN.