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Performance - Week Ending 07/25/2014

Jul. 26, 2014 9:19 AM ETDINO, NTR, GT, LAYN, MRK, GE, RS, CBT, WU, VYX, INGR, TDW
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Wax Ink Portfolio was down 1.5% for the week. By comparison, the Dow was down 0.8%, the Nasdaq was up 0.4%, the S&P 500 was up 0.2%, the Russell 2000 was down 0.6%, and the Volatility Index, commonly known as the VIX, was up 5.2%.

Year to date, the Wax Ink portfolio is down 2.3%, the Dow is up 2.3%, the Nasdaq is up 6.4%, the S&P 500 is up 7.0%, the Russell 2000 is down 1.6%, and the VIX is lower by 7.5%.

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 refiner HollyFrontier Corporation (NYSE: HFC), up 4%, agricultural chemicals company Agrium, Inc. (NYSE: AGU), up 1%, and rubber king Goodyear Tire and Rubber Company (NYSE: GT), up 1%.

This week's punch bowl floaters were municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 10%, pill maker Cubist Corporation (Nasdaq: CBST), down 4%, and maker of almost everything General Electric(NYSE: GE), down 3%.

The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 39% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 46% since being added to the portfolio.

Worksheets were updated this week for:
Reliance Steel and Aluminum Company (NYSE: RS), Cabot Corporation (NYSE: CBT), The Western Union Company (NYSE: WU), NCR Corporation (NYSE: NCR), Ingredion Incorporated (Nasdaq: INGR), and Tidewater, Inc. (NYSE: TDW).

Rounding out the week, Value Alerts were issued this week for NCR Corporation, and Cabot Corporation.

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.

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 HFC, AGU, GT, LAYN, CBST, GE.

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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