End of Week

As we wind towards another winter weekend without snow here in Connecticut (did I mention I got skis that are just sitting in the garage?), I thought I'd take a quick pulse on where things stand.

On the MFI front, Thursday was really the first bad day of the year as SNDK, MNTA and ESI all went down quite sharply (10%+). There is no doubt that individual MFI stocks have more than their fair share of beta (or is that alpha?). That being said, other stocks are rebounding nicely today (I saw KLAC had very solid earnings... they are 42% since being added to my mechanical portfolio in August). So here is the YTD and weekly scorecard for the 50 stocks in my MFI Index:

Stock	Start	Last Week	Current	YTD Change	Weekly Change
AFAM	16.58	18.00	18.52	11.7%	2.9%
AMED	10.91	9.92	9.74	-10.7%	-1.8%
APOL	53.87	54.61	53.82	-0.1%	-1.4%
AMAT	10.71	12.47	12.28	14.7%	-1.5%
ASTX	1.89	2.12	2.55	34.9%	20.3%
CJES	20.93	17.52	16.96	-19.0%	-3.2%
CPLA	36.05	41.23	43.13	19.6%	4.6%
CECO	7.97	10.45	10.63	33.4%	1.7%
CRAY	6.47	7.11	7.41	14.5%	4.2%
CPIX	5.38	6.07	6.10	13.4%	0.5%
DELL	14.63	16.67	16.72	14.3%	0.3%
DLX	22.76	23.41	25.33	11.3%	8.2%
DLB	30.51	34.92	36.02	18.1%	3.2%
XLS	9.05	9.93	9.85	8.8%	-0.8%
EXPE	29.02	31.04	31.81	9.6%	2.5%
FRX	30.26	32.17	31.65	4.6%	-1.6%
GTAT	7.24	8.56	8.76	21.0%	2.3%
GME	24.13	24.55	24.49	1.5%	-0.2%
GTIV	6.75	7.45	7.30	8.1%	-2.0%
GNI	110.25	120.46	119.44	8.3%	-0.8%
ESI	56.89	65.85	66.02	16.0%	0.3%
KLAC	48.25	51.50	52.31	8.4%	1.6%
KLIC	9.25	11.15	11.25	21.6%	0.9%
LRCX	37.02	42.23	43.07	16.3%	2.0%
LPS	15.07	15.02	16.88	12.0%	12.4%
MEDW	12.82	13.19	13.05	1.8%	-1.1%
MANT	31.24	34.28	35.02	12.1%	2.2%
MDF	7.47	8.40	7.89	5.6%	-6.1%
MSFT	25.96	29.71	29.23	12.6%	-1.6%
MNTA	17.39	18.91	15.13	-13.0%	-20.0%
NSU	5.53	6.10	6.73	21.7%	10.3%
NOC	58.48	61.39	58.67	0.3%	-4.4%
NVMI	7.37	8.53	8.63	17.1%	1.2%
PDLI	6.20	6.33	6.40	3.2%	1.1%
PETS	10.38	11.27	12.06	16.2%	7.0%
PWER	3.91	4.52	4.62	18.2%	2.2%
RTN	48.38	49.88	48.75	0.8%	-2.3%
SAI	12.29	13.00	12.76	3.8%	-1.8%
SNDK	49.21	52.49	46.84	-4.8%	-10.8%
SAVE	15.60	15.54	16.04	2.8%	3.2%
TNAV	7.81	8.09	7.63	-2.3%	-5.7%
TER	13.63	16.14	16.89	23.9%	4.6%
TSRA	16.75	18.65	19.93	19.0%	6.9%
USMO	13.87	14.29	14.18	2.2%	-0.8%
USNA	30.37	33.59	34.42	13.3%	2.5%
UIS	19.71	20.13	20.26	2.8%	0.6%
EGY	6.04	6.31	6.55	8.4%	3.8%
VECO	20.80	26.35	24.26	16.6%	-7.9%
VPHM	27.39	29.89	29.54	7.8%	-1.2%
VG	2.45	2.34	2.35	-4.1%	0.4%
Totals	10,631	11,561	11,648	9.6%	0.8%

My Dividend Portfolio

So far my moves during 2012 have been pretty muted. I bought GCAP, NSU and ENH-PA. I sold my UNTD, then pruned SBS, USB and STD (reducing financial exposure a bit). The STD sale was (in hindsight) premature or panicked, though I only sold 1/3 of a large holding. The NSU purchase is off to a great start as is AUY (which I did not add to dividend portfolio, but is up 11%). You can now fit more than a piece of paper between my results and the Russell 3000. I am ahead on open stocks by 1.5 points and overall by 2.8 points (note I sold some pretty big winners when I trimmed SBS and USB). CEL has been my real downer stock, the competition or regulations in Israel must be worse than I realize as the market is definitely pricing in a declining dividend.

Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
AZN	424	47.15	47.77	1,092	6.8%	3.0%	3.8%
BHK	2,908	12.54	13.87	1,283	14.1%	-1.4%	15.5%
CEL	1,531	25.81	14.66	5,875	-28.3%	19.9%	-48.3%
CPL	1,000	22.67	29.36	-	29.5%	14.5%	15.0%
CSCO	1,806	16.75	19.55	304	17.8%	0.4%	17.4%
CSQ	5,065	8.16	9.02	1,205	13.5%	14.3%	-0.8%
DD	500	43.78	50.86	-	16.2%	5.2%	11.0%
ENH-PA	1,000	26.12	26.56	-	1.7%	1.4%	0.3%
FCX	503	36.05	46.38	125	29.3%	10.7%	18.6%
GCAP	4,000	6.38	6.35	-	-0.5%	1.3%	-1.8%
HPQ	804	25.79	27.91	96	8.7%	10.8%	-2.1%
INTC	1,271	19.58	26.69	997	40.3%	15.6%	24.8%
JQC	4,483	8.85	8.72	1,598	2.5%	1.2%	1.4%
KMF	1,760	21.68	25.83	1,330	22.6%	10.4%	12.2%
KSW	13,048	3.76	3.30	4,023	-4.0%	13.4%	-17.4%
LNC	2,424	24.32	20.94	593	-12.9%	8.2%	-21.1%
MNDO	13,678	2.48	2.45	2,400	6.0%	3.2%	2.8%
MSFT	947	26.75	29.23	576	11.5%	7.6%	3.9%
NSU	3,200	6.31	6.73	-	6.7%	-0.3%	6.9%
PM	436	45.63	75.62	1,614	73.8%	23.1%	50.7%
PRE	505	56.34	64.30	300	15.2%	9.6%	5.6%
PVD	397	63.26	72.48	698	17.4%	10.6%	6.7%
RTN	458	46.83	48.75	434	6.1%	-0.2%	6.4%
SBS	835	39.66	64.31	1,912	67.9%	15.8%	52.1%
SLF	2,719	27.31	20.08	1,805	-24.0%	2.2%	-26.2%
STD	4,212	9.57	8.16	2,438	-8.6%	4.9%	-13.5%
STO	1,000	23.86	25.52	-	7.0%	12.0%	-5.1%
USB	1,901	21.76	27.81	923	30.0%	14.4%	15.6%
VR	1,925	29.44	31.83	1,689	11.1%	1.0%	10.1%
WBK	489	105.66	112.94	3,636	13.9%	8.2%	5.7%
Total Open				36,948	9.3%	7.8%	1.5%
Closed					11.8%	7.7%	4.1%
Combined					10.6%	7.7%	2.8%
IRR Since 12/31/10					12.4%
2012 Gain					6.3%
Estimated Dividends for Next 12 Months
Stock	Shares	Ann Dividend / Share	Yield	Projected Dividend	Sector	Worth	Anniversary
AZN	424	$ 2.40	5.0%	1,018	Pharma	20,262	1/6
BHK	2,908	$ 0.80	5.8%	2,338	Bond	40,336	7/6
CEL	1,531	$ 2.05	14.0%	3,139	Utility	22,451	6/29
CPL	1,000	$ 1.27	4.3%	1,270	Utility	29,360	9/29
CSCO	1,806	$ 0.24	1.2%	433	Tech	35,308	4/25
CSQ	5,065	$ 0.63	7.0%	3,191	Hybrid	45,690	8/23
DD	500	$ 1.64	3.2%	820	Chemicals	25,430	12/9
ENH-PA	1,000	$ 1.94	7.3%	1,938	Bond	26,560	1/17
FCX	503	$ 1.00	2.2%	503	Basic Resources	23,316	11/28
GCAP	4,000	$ 0.20	3.1%	800	Services	25,400	1/12
HPQ	804	$ 0.48	1.7%	386	Tech	22,433	11/22
INTC	1,271	$ 0.84	3.1%	1,067	Tech	33,910	9/17
JQC	4,483	$ 0.80	9.2%	3,587	Hybrid	39,073	7/8
KMF	1,760	$ 1.60	6.2%	2,816	Pipelines	45,449	9/15
KSW	13,048	$ 0.15	4.5%	1,957	Construction	43,059	5/2
LNC	2,424	$ 0.32	1.5%	776	Insurance	50,764	11/10
MNDO	13,678	$ 0.20	8.2%	2,736	Tech	33,538	2/4
MSFT	947	$ 0.80	2.7%	757	Tech	27,668	12/6
NSU	3,200	$ 0.10	1.5%	320	Basic Resources	21,536	1/25
PM	436	$ 3.08	4.1%	1,343	Consumer	32,979	6/7
PRE	505	$ 2.40	3.7%	1,211	Insurance	32,445	9/7
PVD	397	$ 3.70	5.1%	1,470	Finance	28,796	8/5
RTN	458	$ 1.72	3.5%	788	Defense	22,342	7/14
SBS	835	$ 2.39	3.7%	1,995	Utility	53,686	5/10
SLF	2,719	$ 1.46	7.3%	3,970	Insurance	54,607	6/29
STD	4,212	$ 0.64	7.8%	2,696	Finance	34,373	12/1
STO	1,000	$ 0.94	3.7%	940	Basic Resources	25,522	11/23
USB	1,901	$ 0.50	1.8%	951	Finance	52,880	9/29
VR	1,925	$ 1.00	3.1%	1,925	Insurance	61,273	3/3
WBK	489	$ 8.13	7.2%	3,978	Finance	55,255	11/19
Total			5.4%	51,119
Upcoming Dividends
Stock	Shares	x Date	Div/Share	Est New Shares	Amount
INTC	1,271	2/3/12	$ 0.21	9.0	267
CSQ	5,065	2/8/12	$ 0.05	29.0	266
BHK	2,908	2/8/12	$ 0.07	14.0	195
DD	500	2/10/12	$ 0.41	4.0	205
ENH-PA	1,000	2/11/12	$ 0.48	18.0	484
MSFT	947	2/15/12	$ 0.20	6.0	189
AZN	424	2/15/12	$ 0.85	7.0	361
PRE	505	2/17/12	$ 0.60	4.0	303
SLF	2,719	2/21/12	$ 0.37	50.0	1,006
MNDO	13,678	2/28/12	$ 0.20	1,115.0	2,736
GCAP	4,000	3/7/12	$ 0.05	31.0	200