MFI Diary Weekend Update 3/17/18

MFI Weekend Update 3/17/18

Good morning.  Happy St Patrick's Day everyone.  We will be on the road, heading home.

Wild week for me in the markets.  I had two stocks implode during earnings, which sadly was an instant replay for those two stocks from November earnings.  Yuck.  More on that later.

Welcome to the almost world-famous MFI Diary.  This is a diary I have been maintaining since February 2006 (damn, that is a long time) tracking my "adventures" in investing real money in the methods discussed in "The Little Book That Beats The Markets".  I also spend some time discussing my MFI (Magic Formula Investing) Index and various MFI tracking portfolios that I have created over time.

And as a free bonus, I also discuss how my non-MFI investments are doing (generally poorly) in 2nd half of my blog.

I did create a guide recently for new readers to my blog that point you to some key/interesting posts (ar as Artie Johnson used tosay, for the old timers out there, Very interesting). I encourage you to give it a whirl Guide To New Readers).  (PS - I continue to struggle to make this link work.  You can instead go to Blog archive on left margin of this blog and you will find a link in October 2017). Of course, I have to have a disclaimer - I am just a guy with a spreadsheet and not a stock advisor (very clear this week on 2 of Misc picks).  You should do your own due diligence before acting on anything you read here.

Onwards.

Last Week

It was a weird week.  Through Wednesday,  things were great.  Everything was working.  Then Thursday I had SELB (one of my Misc stocks) report.  While I thought earnings were fine, market obviously expected more and stock crashed 23% in a day.  Then midday, FERC (MLPs Plunge On FERC Proposal To Bar 'Double Recovery') issued a tax ruling on Interstate MLP pipeline companies and I had a flash crash in firms like NS and PSXP.


So Thursday, between these two hammers, was my worst relatively day in a long time (I was 100 basis points worse than the market).  On Friday, many of the MLPs bounced back (sadly, I lacked knowledge/conviction to add to any of my positions on Thursday), but EXXI (another Misc holding) was absolutely crushed - down 25%.  The EXXI news was final straw for me and I sold my shares - that will surely mark market bottom for EXXI and it will now double.  EXXI now holds record for most money I have ever lost on a single stock.  A dubious record.  But, despite the EXXI crash and burn, I still beat the market on Friday as I had a number of stocks with good earnings (and SELB bounced back some along with MLPs).

Here is table showing my various portfolios for the year and the week:

Component	YTD	Week Change
Overall	-0.3%	-1.0%
MFI Select	+6.0%	-0.5%
MFI Formula	+5.9%	-1.7%
MFI Combined	+5.9%	-1.1%
Miscellaneous	-9.3%	-3.7%
Dividend	-0.9%	+0.6%
Dividend Index	-2.8%	+0.3%
R3K Index	+3.2%	-1.2%
Blended Index	+0.7%	-0.6%
MFI Index	+11.8%	-0.6%
GARIX	+2.3%	-0.5%

You can see Misc got dinged 3.7%.  But my dividend portfolio was actually up 0.6%.  MFI was running on par with R3K benchmark.  Sadly, I am now overall back in the red for 2018, trailing blended index by 1 percent.  But MFI continues to outperform at all levels.

In fact, check out my MFI Index table:

	Annual		Inception to Date
Year	Russell	MFI	Russell ITD	MFI ITD
2006	11.40%	15.03%	11.40%	15.03%
2007	4.09%	-6.69%	15.96%	7.34%
2008	-37.05%	-37.97%	-27.00%	-33.42%
2009	32.51%	45.18%	-3.27%	-3.34%
2010	18.38%	22.77%	14.50%	18.67%
2011	-0.56%	-10.47%	13.87%	6.25%
2012	16.43%	9.70%	32.57%	16.56%
2013	33.01%	51.70%	76.34%	76.82%
2014	12.26%	12.07%	97.95%	98.15%
2015	0.38%	-8.95%	98.33%	89.37%
2016	12.50%	13.19%	110.62%	101.16%
2017	20.82%	4.74%	133.65%	105.95%
2018	3.16%	11.80%	141.03%	130.25%

As you can see, 2018 is shaping up well. The Index (a hypothetical basket of 50 stocks) is up a stunning 11.8% so far, trouncing the benchmark.  That means since 2006, the index is up 130%, which is starting to tighten up with Russell 3000 (up 141%).

MFI Select

Now for some discussion of my 2 real life, real dollar MFI portfolios.  MFI Select was begun in 2012 and consists of 4 tranches of 5 stocks each.  I pick pretty much whatever stocks I want and then I buy and hold for a year.  Not trying to hit home runs, but really trying to avoid stocks that crash and burn.

Here are the 4 open tranches:

5/6/2017	Start	Current	Dividend	Pct Gain	R3K Gain
WSTC	$24.15	$23.50	$0.00	-2.7%	16.1%
TGNA	$25.75	$22.48	$0.28	-11.6%	16.1%
TIME	$15.05	$18.50	$0.08	23.5%	16.1%
MSGN	$23.55	$25.05	$0.00	6.4%	16.1%
QCOM	$54.93	$60.62	$2.28	14.5%	16.1%
Totals				6.0%	16.1%
8/15/2017	Start	Current	Dividend	Pct Gain	R3K Gain
GHC	$591.10	$597.35	$2.54	1.5%	13.0%
ICHR	$19.80	$27.64	$0.00	39.6%	13.0%
MD	$43.00	$57.46	$0.00	33.6%	13.0%
SIMO	$43.05	$46.78	$0.60	10.1%	13.0%
RHI	$44.15	$59.44	$0.76	36.4%	13.0%
Totals				24.2%	13.0%
11/15/2017	Start	Current	Dividend	Pct Gain	R3K Gain
MSGN	$16.67	$25.05	$0.00	50.3%	7.8%
CELG	$100.60	$89.61	$0.00	-10.9%	7.8%
EVC	$5.78	$5.15	$0.10	-9.2%	7.8%
SIMO	$46.88	$46.78	$0.30	0.4%	7.8%
VIAB	$24.41	$31.65	$0.40	31.3%	7.8%
Totals				12.4%	7.8%
2/1/2018	Start	Current	Dividend	Pct Gain	R3K Gain
AGX	$43.55	$40.75	$0.00	-6.4%	-1.8%
CASA	$18.81	$31.55	$0.00	67.7%	-1.8%
KLAC	$109.80	$120.62	$0.59	10.4%	-1.8%
THO	$136.33	$125.89	$0.00	-7.7%	-1.8%
WDC	$87.74	$106.45	$0.00	21.3%	-1.8%
Totals				17.1%	-1.8%

As you can see, 3 of the 4 tranches are leading the benchmark.  It has been a good run.  CASA has been unbelievable for my February tranche (not even two months old and is up 67%).  Here is a table summarizing my performance back to August 2012:

Category/Tranche	August	November	February	May	Total
Initial Investment	25,000	25,000	25,000	25,000	100,000
Current Tranche	24.2%	12.4%	17.1%	6.0%	15.0%
Previous Tranche	-0.1%	42.6%	74.9%	19.1%	34.3%
Tranche -2	2.8%	8.0%	10.7%	-25.2%	-0.9%
Tranche -3	11.2%	69.4%	-14.3%	18.3%	21.2%
Tranche -4	41.4%	14.2%	8.5%	33.0%	24.3%
Tranche -5	14.1%	43.7%	78.3%	0.0%	34.0%
MFI Overall Gain	129.0%	381.7%	275.8%	48.5%	208.8%
Current Balance	57,241	120,436	93,953	37,127	308,757
R3K Current Tranche	13.0%	7.8%	-1.8%	16.1%	8.8%
R3K Overall Gain	116.5%	120.9%	98.1%	85.3%	105.2%
R3K Balance	54,124	55,227	49,520	46,313	205,184
Annualized IRR	16.0%	34.2%	29.5%	8.5%	22.0%

At bottom right you see my annualized IRR is 22%.  That is certainly satisfactory.  Second row shows my current 4 open tranches up an aggregate of 15.0%, while 4th row from bottom shows benchmark R3K (Russell 3000) is up 8.8%.  Finally, my MFI overall gain is 208.8%, which means $100,000 at the start would be 308,757 assuming no additional funds added.

Here is a table showing how that $100,000 would have grown to $308,757 quarter by quarter:

Date	Differential	MFI Value	R3K Value
1/1/2013	-1.78%	102,798	104,575
4/1/2013	-0.43%	106,804	107,234
7/1/2013	4.29%	114,888	110,597
10/1/2013	19.67%	138,655	118,990
1/1/2014	26.63%	157,138	130,503
4/1/2014	30.38%	162,991	132,616
7/1/2014	39.23%	177,971	138,740
10/1/2014	29.38%	168,321	138,944
1/1/2015	28.17%	174,306	146,140
4/1/2015	29.95%	178,565	148,612
7/1/2015	62.69%	211,437	148,743
10/1/2015	43.12%	181,175	138,052
1/1/2016	63.33%	209,514	146,186
4/1/2016	47.34%	195,770	148,430
7/1/2016	50.41%	201,092	150,680
10/1/2016	42.98%	198,563	155,582
1/1/2017	45.60%	209,503	163,936
4/1/2017	55.70%	229,473	173,735
7/1/2017	60.28%	239,060	178,782
10/1/2017	75.60%	262,489	186,886
1/1/2018	92.19%	291,114	198,926
Current	103.57%	308,757	205,184

Took the lead early and have been extending regularly.

Finally, here is how the stocks fared this past week:

Stock	Last Week	Current	Dividend	Change
MSGN	25.30	25.05	-	-1.0%
SIMO	47.28	46.78	-	-1.1%
VIAB	32.72	31.65	-	-3.3%
CASA	26.90	31.55	-	17.3%
KLAC	121.15	120.62	-	-0.4%
THO	126.95	125.89	-	-0.8%
AGX	42.75	40.75	-	-4.7%
WDC	99.55	106.45	-	6.9%
EVC	6.45	5.15	0.05	-19.4%
ICHR	28.99	27.64	-	-4.7%
CELG	92.56	89.61	-	-3.2%
RHI	60.51	59.44	-	-1.8%
MD	57.58	57.46	-	-0.2%
QCOM	63.03	60.62	-	-3.8%
GHC	599.80	597.35	-	-0.4%
TGNA	22.80	22.48	-	-1.4%

Obviously CASA continues to be great.  EVC got crushed on earnings this week.  QCOM was caught in Broadcom saga and Trump blocking purchase,  There may still be some hope as another party lead by former CEO is putting together financing.

MFI Formula

This is my second real money MFI portfolio.  It was begun in October 2014 and is the polar opposite of Select.  All my stocks are picked via a formula and a random number generator that I created and thoroughly backtested.  It is working pretty well so far, although not quite the start I had with MFI Select.  Same tables:

Four open tranches:

4/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
BKE	$18.45	$19.50	$2.75	20.6%	18.0%
CSCO	$33.76	$45.01	$1.16	36.8%	18.0%
GILD	$67.50	$79.74	$2.13	21.3%	18.0%
OMC	$85.53	$73.98	$2.25	-10.9%	18.0%
SYNT	$16.76	$27.10	$0.00	61.7%	18.0%
Totals				25.9%	18.0%
7/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
CSCO	$30.98	$45.01	$0.58	47.2%	14.6%
GME	$20.95	$15.42	$1.14	-21.0%	14.6%
HPQ	$17.60	$23.51	$0.40	35.8%	14.6%
RGR	$60.70	$50.45	$0.67	-15.8%	14.6%
SYNT	$16.21	$27.10	$0.00	67.2%	14.6%
Totals				22.7%	14.6%
10/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
DIN	$43.14	$65.80	$1.60	56.2%	9.7%
GILD	$82.85	$79.74	$1.09	-2.4%	9.7%
GME	$20.50	$15.42	$0.76	-21.1%	9.7%
HPQ	$20.22	$23.51	$0.27	17.6%	9.7%
OMC	$74.80	$73.98	$1.15	0.4%	9.7%
Totals				10.1%	9.7%
1/2/2018	Start	Current	Dividend	Pct Gain	R3K Gain
AMGN	$177.11	$188.24	$1.32	7.0%	2.6%
GME	$18.06	$15.42	$0.38	-12.5%	2.6%
GILD	$71.64	$79.74	$0.57	12.1%	2.6%
HRB	$26.34	$27.05	$0.24	3.6%	2.6%
OMC	$72.81	$73.98	$0.60	2.4%	2.6%
Totals				2.5%	2.6%

The most recent is losing by a whisker, the other three are leading.

Category/Tranche	October	January	April	July	Total
Initial Investment	249,820	249,939	250,180	249,728	999,667
Current Tranche	10.1%	2.5%	25.9%	22.7%	13.9%
Previous Tranche	7.0%	16.5%	25.2%	26.7%	19.5%
Tranche -2	5.5%	9.3%	-0.2%	-12.5%	0.5%
Tranche -3	0.5%	11.0%	0.0%	0.0%	2.9%
MFI Overall Gain	24.9%	44.9%	57.2%	36.1%	40.8%
Current Balance	312,051	362,177	393,243	339,792	1,407,264
R3K Current Tranche	9.7%	2.6%	18.0%	14.6%	11.2%
R3K Overall Gain	47.2%	38.4%	37.7%	33.4%	39.2%
R3K Balance	367,748	345,924	344,510	333,234	1,391,416
Annualized IRR	6.6%	12.2%	16.5%	12.0%	11.8%

Overall Annual IRR is 11.8%.  Current tranches are leading 13.9% to 11.2%.  And $1,000,000 at the start would have grown to 1,407,264.  Here is table showing that growth:

Date	Differential	Value	R3K Value
10/1/2014	0.00%	100,000	100,000
1/1/2015	-0.33%	100,664	100,995
4/1/2015	5.09%	106,781	101,695
7/1/2015	4.82%	106,423	101,604
10/1/2015	6.39%	100,703	94,312
1/1/2016	-3.36%	96,830	100,012
4/1/2016	0.34%	102,371	101,548
7/1/2016	-0.19%	103,022	103,216
10/1/2016	-0.85%	106,377	107,230
1/1/2017	1.57%	113,406	111,832
4/1/2017	-1.86%	116,227	118,091
7/1/2017	-2.40%	119,144	121,545
10/1/2017	-2.56%	124,448	127,007
1/1/2018	-3.63%	131,460	135,086
Current	1.59%	140,726	139,141

So I am leading by about 1.6 percentage points.  Regular readers will remember that I was 6 points ahead a couple weeks ago.  It just doesn't always go up in a straight line.  Beating the benchmark is hard folks - ask all the hedge fund and mutual funds that underperform.

Here are stocks in past week:

Stock	Last Week	Current	Dividend	Change
GILD	80.72	79.74	0.57	-0.5%
OMC	73.73	73.98	-	0.3%
GME	15.85	15.42	-	-2.7%
SYNT	27.41	27.10	-	-1.1%
CSCO	45.37	45.01	-	-0.8%
HPQ	24.65	23.51	0.14	-4.1%
AMGN	191.10	188.24	-	-1.5%
HRB	27.69	27.05	0.24	-1.4%
BKE	19.50	19.50	-	0.0%
DIN	75.72	65.80	0.63	-12.3%
RGR	50.50	50.45	0.24	0.4%

DIN had definitely gone a bit too far too fast.  But kind of a rugged week here.  I thought BKE was better as they had decent earnings - but it seems they sold off first.

Dividend Portfolio

For those here to read about MFI, the party is over.  You can close your browser.  I will now drone on about my portfolio of income holdings and my miscellaneous stocks.  My income holdings, aka Dividend Portfolio is my largest wheel of my three wheeled investment tricycle. Its purpose is to provide me and my wife with a steadily (hopefully) increasing stream of income.  So I am generally not as focused on valuation as income stream.  That being said, I have had 2 holdings reduce their dividend in 2018: JQC and NS.

In a rising interest rate environment,  it is fair to expect the value of this portfolio to struggle as rising interest rates are a headwind for  relatively fixed income securities.  This week though, interest rates actually dropped (TLT, a treasury ETF, went up 1.6%).  So perhaps not a surprise that my dividend portfolio rose (0.6%) this week, although I did get the FERC fat thumb drop on Thursday.

Here is my portfolio:

Dividend Stocks	Start	Current	Divvy	Overall Pct Gain	Weekly Pct Gain	12/30/17 Price	Yield	2018
OIBAX	5.91	6.05	0.23	6.2%	0.2%	5.96	3.8%	1.5%
TK	7.43	8.64	0.08	17.2%	3.3%	9.32	2.5%	-7.3%
KCLI	48.89	42.75	0.60	-11.3%	-3.4%	45.25	2.5%	-5.5%
KNOP	21.30	20.25	0.52	-2.5%	0.7%	20.75	10.3%	-2.4%
GLOP-PB	25.36	25.40	0.33	1.5%	0.8%	25.36	5.2%	0.2%
CPLP	3.53	3.29	0.16	-2.4%	3.1%	3.36	9.7%	-2.1%
TGP	18.28	19.00	0.14	4.7%	0.8%	20.15	2.9%	-5.7%
NS	37.37	21.95	1.83	-36.4%	8.6%	29.95	10.9%	-26.7%
LADR	13.01	14.99	0.93	22.4%	-1.6%	13.63	8.4%	10.0%
JQC	8.18	7.96	0.76	6.6%	-1.2%	8.22	6.2%	-3.2%
PSXP	47.39	50.13	1.71	9.4%	-1.3%	52.35	5.4%	-4.2%
FDEU	18.40	18.29	1.06	5.2%	-0.9%	18.83	7.9%	-2.9%
ISBC	13.25	14.31	0.24	9.9%	-0.2%	13.88	2.5%	3.1%
EVG	14.46	13.67	0.48	-2.1%	0.0%	14.35	6.7%	-4.7%
RILY	15.58	19.40	0.21	25.9%	1.3%	18.10	3.3%	7.2%
RLJ-PA	28.45	25.85	0.98	-5.7%	0.4%	27.01	7.6%	-4.3%
NRZ	16.56	17.22	1.17	11.0%	2.3%	17.88	11.6%	-3.7%
SBRA	22.15	17.90	0.62	-16.4%	-0.9%	18.77	10.1%	-4.6%
DSL	19.47	20.11	2.29	15.1%	0.9%	20.19	9.0%	-0.4%
OCSI	8.68	7.81	0.57	-3.4%	-0.9%	8.40	9.7%	-7.0%
TGONF	11.04	12.90	1.96	34.7%	-0.8%	13.30	5.5%	-3.0%
AMID	13.25	11.00	0.41	-13.9%	-7.9%	13.35	15.0%	-17.6%
TOO	2.33	2.54	0.01	9.2%	0.4%	2.36	1.6%	7.6%
O	25.93	51.47	21.31	180.7%	1.2%	57.02	5.1%	-9.7%
Totals				3.8%	0.5%		6.1%	-0.9%

So you can see it has a 6.1% yield overall.  MLPs NS (-26.7%) and AMID (-17.6%) are my big losers.  NS went up 8.9% though this week as the FERC ruling does not impact them.  AMID was down 7.9% and is getting (my view/technical term, stupidly cheap).  These are listed pretty much in descending order of size.

Here is my self proclaimed Barron's dividend index that I created to benchmark.  It was up 0.2%:

Ticker	12/30/2017	Current	Dividend	YTD Change	Weekly Change	Yield
AMLP	10.79	9.89	0.21	-6.4%	-3.1%	8.51%
NML	9.38	8.50	0.17	-7.6%	-0.7%	7.76%
EPD	26.51	25.40	0.42	-2.6%	-1.7%	6.62%
ETP	17.92	16.97	0.57	-2.1%	-4.6%	13.05%
FDD	13.73	13.89	-	1.1%	-0.7%	2.75%
VGK	59.15	59.16	-	0.0%	-0.5%	2.70%
DDAIF	84.57	85.10	-	0.6%	1.8%	4.07%
NVS	83.96	82.06	2.75	1.0%	-0.8%	3.63%
NOBL	64.04	64.29	-	0.4%	-0.8%	1.73%
VYM	85.63	85.75	-	0.1%	-1.3%	2.80%
MRK	56.27	55.67	0.48	-0.2%	1.0%	3.41%
PEP	119.92	111.64	0.81	-6.2%	-0.8%	2.88%
VNQ	82.98	76.57	-	-7.7%	1.3%	4.59%
RQI	12.65	12.20	0.24	-1.7%	4.8%	3.19%
TCO	65.43	57.38	0.63	-11.3%	0.3%	4.41%
SLG	100.93	98.94	-	-2.0%	-0.7%	3.17%
T	38.88	37.00	0.49	-3.6%	-0.1%	5.32%
VZ	52.93	48.56	0.56	-7.2%	-0.9%	4.81%
CHL	50.54	46.22	-	-8.5%	-0.3%	3.98%
DTEGY	17.66	16.45	-	-6.9%	1.2%	4.15%
DSU	11.70	11.62	0.21	1.1%	0.1%	3.54%
HIO	5.07	4.88	0.06	-2.6%	-0.8%	3.47%
MUB	110.74	108.51	0.63	-1.4%	0.2%	2.29%
PRHYX	6.76	6.63	0.06	-1.0%	-0.3%	5.40%
NEA	13.75	12.93	0.18	-4.7%	-0.5%	5.54%
JNK	36.72	35.97	0.50	-0.7%	-0.3%	5.64%
VWITX	14.13	13.87	0.09	-1.2%	0.0%	0.00%
PHMIX	9.09	8.95	0.10	-0.5%	0.0%	2.80%
UTG	30.94	28.59	0.48	-6.0%	1.3%	4.20%
XLU	52.65	50.27	0.42	-3.7%	1.8%	3.41%
DUK	84.11	77.59	0.89	-6.7%	1.9%	4.54%
EIX	63.24	65.15	-	3.0%	9.7%	3.43%
PFF	38.07	37.67	0.54	0.4%	0.3%	5.60%
JPC	10.34	9.84	0.20	-2.9%	-0.7%	3.96%
WFC-PL	1,309.99	1,296.76	-	-1.0%	0.5%	5.80%
TIP	114.08	112.19	0.63	-1.1%	0.2%	2.32%
SHY	83.85	83.41	0.24	-0.2%	0.0%	1.07%
TLT	126.86	119.81	0.77	-5.0%	1.6%	2.58%
Totals	-	-	-	-2.8%	0.2%	4.19%

The tale of the week is pretty much in this table.TLT, UTG, XLU and DUK (utilities and treasuries) were all up 1.3% or more.  But MLPs like AMLP, EPD and ETP were all down 2% and more due mainly to FERC ruling.

My dividend portfolio also has a subset of 10 small banks.  I thought these might pop a bit this week with Senate voting to roll back Dodd-Frank.  But they were basically flat - though up a decent 4.6% in 2018.

Bank	Start	Current	Dividends	Change	2018 Change	Yield
ACBI	16.99	18.25	-	7.4%	3.7%	0.0%
ASB	25.69	26.80	0.15	4.9%	5.5%	2.2%
FBIZ	23.69	25.74	0.14	9.3%	16.4%	2.2%
FULT	18.81	19.25	0.11	3.0%	7.5%	2.3%
FNB	14.47	14.41	0.12	0.4%	4.3%	3.3%
MSBI	32.96	32.17	0.22	-1.7%	-1.0%	2.8%
NRIM	37.47	36.05	0.45	-2.6%	6.5%	2.7%
PACW	48.30	52.96	0.50	10.7%	5.1%	3.8%
SONA	17.13	16.28	0.08	-4.5%	1.6%	2.0%
WNEB	10.88	10.55	0.04	-2.7%	-3.2%	1.5%
Total				2.4%	4.6%	2.3%

Miscellaneous

Bit of a puke week.  SELB, MTG and EXXI all sucked.  I ended up selling my GCAP and EXXI.  That is probably a buy signal.

The MTG crash (-16%) was due to Arch, a very large mortgage insurer, striking a deal with Freddie Mac. Super frustrating, but I believe overdone.  EXXI was off over 30% (yikes) as people bailed on poor earnings.  I think people expected poor earnings, but I didn't like the fact that they restated their held oil reserves.  SELB was down 11%, earnings seemed ok to me - really just an update on things going according to plan.  I guess people expected more.  They actually bounced back a bunch on Friday.

I did have one success.  When I sold my GCAP I started a sizable position in SSW.  The next day the announced a merger with GCI and stock popped 14%.  WLFC also had very good earnings, but stock did nothing.  I may add to my position.  Their tangible book value is almost $42 per share and they trade under $29.  And they are earning $2 a share per year. ???

I also own a basket of miners.  They continue to really suck.

Miner	Start	Current	Change	2018 Change
TORXF	9.90	7.25	-26.8%	-23.7%
SAND	4.48	4.46	-0.4%	-10.6%
NSU	2.38	2.36	-0.8%	-3.3%
KLDX	2.41	1.44	-40.2%	-44.8%
KL	14.49	14.68	1.3%	-4.4%
GSS	0.87	0.63	-27.3%	-29.2%
FSM	4.24	4.72	11.3%	-9.6%
EXK	2.14	2.39	11.7%	0.0%
BTG	2.61	2.91	11.5%	-6.1%
EGO	1.18	1.07	-9.3%	-25.2%
Total			-6.9%	-15.7%

Think that is enough.  Hopefully some bounce back next week!