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Performance - Week Ending 06/13/2014

|Includes: ACM, AE, DAR, FWRD, GFF, W.R. Grace & Co. (GRA), IRF, KAMN, KMG, KWR, LAYN, MYE, SCHL, SUP

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 Ink is a baseline equity research company not licensed or registered with any government agency
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Disclosure: The author is long GRA, IRF, DAR, MYE, KAMN, GFF, LAYN.