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Dogging The Market: Week 34

Not much in the way of changes this week. The market started off on the wrong foot early on, but got back in step by Friday's close.

The Dow:

The PICs of the Dow was the only portfolio that moved upwards last week, driven mainly by Intel Corporation (NASDAQ:INTC), which jumped up by roughly 9% over the previous week. The real difference, however, was by Hewlett-Packard Co. (NYSE:HPQ), which dropped approximately 15% from week 33 on poor earnings and internal strife. The Dogs as a result ended up dropping more than 10% (287 BPS, to be precise). So the (PICs made up/Dogs lost) a bit of ground, thanks to the two tech giants.

The S&P:

Not much to say about the two portfolios here - both lost marginal ground, with a fairly even mixture of gains and losses among the holdings, but losses winning out on the whole

Disclosure: I am long PFE.