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Performance - Week Ending 06/06/2014

|Includes: AAPL, CTB, Dorman Products, Inc. (DORM), FRX, GFF, HFC, JBL, LAYN, MRK, MYE, PHG, RSTI, SCX, THRM, WOR

The Wax Ink Portfolio was up 0.5% for the week. By comparison, the Dow was up 1.2%, the Nasdaq was up 1.9%, the S&P 500 was up 1.3%, the Russell 2000 was up 2.7%, and the Volatility Index, commonly known as the VIX, was down 5.9%.

Year to date, the Wax Ink portfolio is down 0.6%, the Dow is up 2.1%, the Nasdaq is up 3.5%, the S&P 500 is up 5.5%, the Russell 2000 is up 0.1%, and the VIX is lower by 21.8%.

The portfolio breakdown is 55% equities, 45% cash, and 0% bonds. There was a change to the total number of shares held with the close of the Dorman Products position.

This week's winners were newly renamed trucker ArcBest Corporation (Nasdaq: ARBC), up 5%, drug maker Cubist Pharmaceuticals (Nasdaq: CBST), up 5%, and cylinder maker Worthington Industries (NYSE: WOR), up 4%.

This week's punch bowl floaters were rubber and plastic container maker Myers Industries (NYSE: MYE), down 4%, refiner HollyFrontier Corporation (NYSE: HFC), down 3%, and small tool maker The LS Starrett Company(NYSE: SCX), down 2%.

The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 32% since being added to the portfolio, and municipal/industrial construction company Layne Christensen (Nasdaq: LAYN), down 25% since being added to the portfolio.

Worksheets were updated this week for:
Gentherm Incorporated (Nasdaq: THRM), Koninklijke Philips Electronics N.V. (NYSE: PHG), Cooper Tire and Rubber Company (NYSE: CTB), Forest Laboratories, Inc. (NYSE: FRX), Jabil Circuit, Inc. (NYSE: JBL), Rofin-Sinar Technolgies, Inc. (Nasdaq: RSTI), and Apple, Inc. (Nasdaq: AAPL).

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 Ink is a baseline equity research company not licensed or registered with any government agency
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Disclosure: I am long CBST, WOR, MYE, HFC, SCX, GFF, LAYN.