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Performance - Week Ending 04/17/2015

Jul. 04, 2015 9:22 AM ETXOM, HOG, HAL, TRN, VMI, CAT, MDRIQ, SCX, DINO, WOR, MATV, GE, GFF, LAYN
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Wax Ink Portfolio was down 0.7% for the week.

By comparison, the Dow was down 1.3%, the Nasdaq was down 1.3%, the S&P 500 was down 1.0%, the Russell 2000 was down 1.0%, and the Volatility Index, commonly known as the VIX, was up 10.4%.

Year to date, the Wax Ink portfolio is down 2.4%, the Dow is up 0.02%, the Nasdaq is up 4.1%, the S&P 500 is up 1.1%, the Russell 2000 is up 3.9%, and the VIX is higher by 1.2%.

The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

Weekly Winners
This week's portfolio winners were offshore contractor McDermott International (NYSE: MDR), up 5%, small tool maker LS Starrett (NYSE: SCX), up 2%, and refiner HollyFrontier (NYSE: HFC), up 1%.

Weekly Losers
This week's portfolio losers were cylinder maker Worthington Industries (NYSE: WOR), down 5%, maker of all things necessary General Electric (NYSE: GE), down 4%, and paper maker Schweitzer-Maudit International (NYSE: SWM), down 3%.

Portfolio Duds
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 6% since being added to the portfolio, and municipal construction company Layne Christensen (NASDAQ: LAYN), down 65% since being added to the portfolio.

Worksheets
Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

Worksheets updated last week may be downloaded by clicking on the links (company name) below.

ExxonMobil Corporation (NYSE: XOM) - FYE 12/2014

Harley-Davidson, Inc. (NYSE: HOG) - FYE 12/2014

Halliburton Company (NYSE: HAL) - FYE 12/2014

Trinity Industries, Inc. (NYSE: TRN) - FYE 12/2014

Valmont Industries, Inc. (NYSE: VMI) - FYE 12/2014

Caterpillar, Inc. (NYSE: CAT) - FYE 12/2014

Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

Reasonable Value Estimates
Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

Reasonable value estimates were established or revised this week for ExxonMobil at $86-$87, Harley-Davidson at $49-$52, Halliburton at $52-$57, Trinity Industries at $52-$53, Valmont Industries at $89-$98, and Caterpillar at $64-$65.

Have a great week.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2015 Wax Ink

Analyst's Disclosure: I am/we are long MDR, SCX, HFC, WOR, SWM, GE, GFF, LAYN.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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