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Performance - Week Ending 06/13/2014

Jun. 14, 2014 7:37 AM ETGRA, IRF, DAR, MYE, KAMN, GFF, LAYN, SUP, ACM, FWRD, KWR, KMG, SCHL, AE
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Wax Ink Portfolio was down 1.1% for the week. By comparison, the Dow was down 0.9%, the Nasdaq was down 0.2%, the S&P 500 was down 0.7%, the Russell 2000 was down 0.2%, and the Volatility Index, commonly known as the VIX, was op 13.5%.

Year to date, the Wax Ink portfolio is down 1.7%, the Dow is up 1.2%, the Nasdaq is up 3.5%, the S&P 500 is up 4.8%, the Russell 2000 is down 0.1%, and the VIX is lower by 11.2%.

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 chemical company W.R. Grace and Company (NYSE: GRA), up 2%, semiconductor maker International Recifier Corporation (NYSE: IRF), up 2%, and chicken grease king Darling International (NYSE: DAR), up 1%.

This week's punch bowl floaters were new renamed trucker ArcBest Corporation (Nasdaq: ARBC), down 5%, container maker Myers Industries (NYSE: MYE), down 4%, and helicopter parts maker Kaman Corporation(Nasdaq: KAMN), down 4%.

The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 33% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 27% since being added to the portfolio.

Worksheets were updated this week for:
Superior Industries International (NYSE: SUP), AECOM Technology Corporation (NYSE: ACM), Forward Air Corporation (Nasdaq: FWRD), Quaker Chemical Corporation (NYSE: KWR), KMG Chemicals, Inc. (NYSE: KMG), Scholastic Corporation (Nasdaq: SCHL), Adams Resources and Energy, Inc. (NYSE: AE).

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.

Wax

Wax Ink is a baseline equity research company not licensed or registered with any government agency
Copyright © 2014 Wax Ink

Disclosure: The author is long GRA, IRF, DAR, MYE, KAMN, 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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