No trades were done within the focus stock portfolio this past week.
It doesn’t come as a surprise that the portfolio took a 1.25% hit to the crotch today. The biggest losers were [[CLF]], [[TTEK]], and [[BIG]]. However, I remain steadfast with these, though bearish on the general market.
Despite being bearish on the general market, there still is opportunity in selected sectors and stocks related to energy and materials. Stick with the basic theme. Generally, if it’s black and found in the ground, it’s probably a good bet. It’s just that simple. Don’t make things complicated.
All in all, this group of stocks gained 3.43 % for the week.
So far, since inception:
Focus Stocks: +11.65%
S&P 500: – 6.18%
Dow: – 8.15%
Naz: – 3.33%
Top three winners (unrealized):
MEE +52.57%
CLR +32.32%
EAC +31.19%
Top three losers:
MTL -6.50% (realized)
SID -5.91% (realized)
MA -2.65% (unrealized)
Sector allocations: Energy 39%; Materials 32%; Industrials 15%; Info Tech 8%; Consumer Discretionary 6%.
Holdings: (most recent prices) and original purchase prices:
[[AGU]]@86.26 [[AKS]]@68.99 [[BIG]]@ 29.05 [[CLF]]@89.40 [[CLR]]@51.90 [[CNX]]@91.41 [[EAC]]@55.52 [[FDG]]@69.30 [[FLS]]@121.10 [[GLW]]@25.74 [[MA]]@291.75 [[MEE]]@58.50 [[MOS]]@126.98 [[PBR]]@65.55 [[POT]]@199.26 [[SE]]@ 26.64 [[TTEK]]@ 24.92 [[WFT]]@41.99 [[WLT]]@83.87Have a great weekend and drink responsibly.
Disclaimer: This information is not intended to be used as the primary basis of investment decisions. Because of individual investors requirements, it should not be construed as advice designed to meet the particular investment needs of any investor. Consult your financial advisor prior to taking any actions. The information and opinions contained here are those of the author and are not necessarily the same as those of iBankCoin, its principals or its affiliates. Trade at your own risk.
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