The Wax Ink Portfolio was up 1.7% for the week. By comparison, the Dow was up 0.9%, the Nasdaq was up 0.4%, the S&P 500 was up 0.5%, the Russell 2000 was down 0.7%, and the Volatility Index, commonly known as the VIX, was basically unchanged.
Year to date, the Wax Ink portfolio is down 0.8%, the Dow is up 3.2%, the Nasdaq is up 6.1%, the S&P 500 is up 7.0%, the Russell 2000 is down 1.0%, and the VIX is lower by 12.1%.
The portfolio breakdown is 55% equities, 45% cash, and 0% bonds. There was no change to the total number of shares held.
This week's winners were specialty contractor URS Corporation (NYSE: URS), up 13%, specialty chemicals company WR Grace Company (NYSE: GRA), up 5%, and agricultural chemicals company Agrium, Inc. (NYSE: AGU), up 4%.
This week's punch bowl floaters were pill maker Cubist Pharmaceuticals, Inc. (Nasdaq: CBST), down 4%, building materials company Griffon Corporation (NYSE: GFF), down 3%, and infrastructure supplier LB Foster Company(Nasdaq: FSTR), down 2%.
Rounding out the week, Value Alerts were issued this week for Seaboard Corporation, and Pitney Bowes, Inc..
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.
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Disclosure: The author is long URS, GRA, AGU, CBST, GFF, FSTR, LAYN.