The Wax Ink Portfolio was down 0.1% for the week. By comparison, the Dow was down 0.6%, the Nasdaq was up 0.5%, the S&P 500 was unchanged, the Russell 2000 was down 0.4%, and the Volatility Index, commonly known as the VIX, was down 3.7%.
Year to date, the Wax Ink portfolio is down 2.4%, the Dow is down 0.5%, the Nasdaq is down 2.1%, the S&P 500 is up 1.6%, the Russell 2000 is down 5.2%, and the VIX is lower by 9.3%.
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 were small tool maker The LS Starett Company (NYSE: SCX), up 12%, container manufacturer Myers Industries (NYSE: MYE), up 6%, and cylinder maker Worthington Industries, Inc. (NYSE: WOR), up 3%.
This week's punch bowl floaters engineering and technical services contractor URS Corporation (NYSE: URS), down 7%, chicken grease collector Darling International (NYSE: DAR), down 4%, and after market auto parts maker Dorman Products(Nasdaq: DORM), down 3%.
The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 38% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 26% since being added to the portfolio.
Worksheets were updated this week for:
Transocean, Ltd. (NYSE: RIG), Attwood Oceanics (NYSE: ATW), E. I. du Pont de Nemours and Company (NYSE: DD), Watts Water Technologies, Inc. (NYSE: WTS), Vertex Energy, Inc. (Nasdaq: VTNR), Xerium Technologies, Inc. (NYSE: XRM), Gulf Island Fabricators, Inc. (Nasdaq: GIFI).
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 SCX, MYE, WOR, URS, DAR, DORM.