The S&P is up about 8.6% YTD. What is the one sector that is actually down YTD? Financial Stocks due to subprime fears (they make up about 20% of the market)! Since MFI doesn't have Financials, just by excluding them this year we'd expect to outperform. At some point, the Financials drop will shift, then we'll have a head wind instead of a tail wind.
Today's market was kind of deflating. We stuck our nose above 14,000 and the #whack#! down 150 points, though still up 11% YTD. My day was "okay", I certainly out-performed the broader market. My big gainer?
VALU - I can't explain it, but they were up a snappy 8.8% on 6x normal volume (though still a lowly 46,000 shares). So I am up 16% on Value line since buying them at the end of May.
UG was my only other stock on the move, up 3.5%. They are now up 17%.
Overall, I am now up 20.3% (portfolio value/invested) and on an annualized IRR I am at 25.3%. Not too shabby. The benchmark is up 14.6%, so I have about a 5.8 point lead. Very nice.
Enough small talk! Here are my weekly chart and weekly graph. Remember on the graph, the chart shows my cumulative gains week-by-week since I started in Feb 2006. I said it way way in the beginning, but the values on the graph (and charts) are my actual values multiplied by a factor.
Then here are my current holdings (these do include dividends) and their performance:
| Current Portfolio | ||||
| Stock | Purchase Date | Cost | Current | Gain |
| TGB | 04/16/07 | $2.64 | $4.80 | 81.8% |
| TGIS | 11/30/06 | $9.18 | $12.89 | 41.5% |
| TRLG | 05/22/07 | $15.54 | $21.85 | 40.6% |
| BBSI | 09/06/06 | $19.56 | $26.42 | 36.1% |
| FDG | 03/08/07 | $25.45 | $33.91 | 35.6% |
| FTO | 01/10/07 | $35.16 | $46.24 | 31.7% |
| KSW | 05/10/07 | $6.48 | $8.34 | 28.8% |
| ASEI | 10/05/06 | $45.85 | $58.06 | 26.6% |
| LRCX | 07/03/07 | $47.51 | $59.16 | 24.5% |
| WSTG | 05/15/07 | $14.98 | $18.34 | 23.1% |
| VPHM | 09/11/06 | $11.79 | $14.21 | 20.5% |
| RAIL | 02/16/07 | $45.54 | $53.80 | 18.3% |
| UG | 06/13/07 | $12.07 | $14.19 | 17.6% |
| CHCG.OB | 06/05/07 | $6.10 | $7.10 | 16.4% |
| VALU | 05/29/07 | $44.01 | $51.17 | 16.3% |
| UNTD | 05/01/07 | $14.46 | $16.11 | 12.8% |
| WPCS | 06/18/07 | $11.89 | $13.39 | 12.6% |
| PNCL | 02/09/07 | $17.07 | $19.00 | 11.3% |
| NXG | 12/20/06 | $3.04 | $3.38 | 11.2% |
| THO | 03/26/07 | $40.30 | $44.20 | 9.9% |
| CREL | 02/26/07 | $12.50 | $13.62 | 9.0% |
| PDS | 03/01/07 | $22.58 | $23.56 | 6.9% |
| JTX | 04/09/07 | $28.70 | $29.91 | 4.6% |
| DGX | 03/17/07 | $52.11 | $54.02 | 4.0% |
| NOOF | 04/27/07 | $8.59 | $8.60 | 1.6% |
| CHKE | 07/17/07 | $36.70 | $37.08 | 1.0% |
| BLDR | 09/18/06 | $15.91 | $15.78 | -0.8% |
| SHOO | 01/17/07 | $32.36 | $32.09 | -0.8% |
| AEO | 07/10/07 | $28.42 | $27.33 | -3.5% |
| ANF | 02/02/07 | $74.81 | $71.65 | -4.0% |
| GVHR | 04/03/07 | $19.17 | $18.22 | -4.0% |
| IVAC | 11/23/06 | $23.52 | $21.06 | -10.5% |
| PACR | 01/03/07 | $28.26 | $23.81 | -14.7% |
| USHS | 06/25/07 | $11.22 | $9.28 | -17.3% |
| EGY | 12/13/06 | $6.42 | $5.23 | -18.5% |
| HW | 12/27/06 | $24.00 | $16.43 | -31.5% |
| Gain/Loss Open Positions ($): | $72,370 | |||
| Gain/Loss Open Positions (%): | 12.2% | |||
| Gain/Loss Closed Positions ($): | $38,755 | |||
| Gain/Loss Closed Positions (%): | 11.4% | |||
| Total Gain/Loss ($): | $111,125 | |||
| Benchmark Gain/Loss ($): | $79,571 | |||
| Annual IRR: | 25.3% | |||
| Total Gain/Loss (%): | 20.3% | |||
Wow, I just watched Cramer. He made my head spin. Just two days ago he was saying that we (the little people) should view a down day as a "sale"sign, a chance to buy a good company cheaper. Today he is saying that we should not be buying anything. Wait a minute, aren't things "more on sale"? He says that he thinks the Dow still goes to 14,500 by year end. How can he change his mind in two days? He must've driven the people at his hedge fund nuts. Luckily, we who are using MFI don't have to try and time the market. I love his saying, "Bulls make money, Bears make money and Pigs get slaughtered". Sounds good, but I can name off the top of my head 20 stocks I sold early (even after making money) that I wish I had held. JC acts like every increase is short term, so the gains have to be locked in. Maybe in his momentum world that is true.
Oh well.
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1 comment:
Two of Cramers faves: sears holding "the next Berkshire hathaway" and NYX his "stock of the year" have gotten creamed. I'm starting to think he just throws all kinds of stock picks on the wall and sees what sticks.
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