Best Day For MFI Index In Recent Memory

Best Day For MFI Index In Recent Memory

Wow, what a rocketship day for the MFI Index.  Now sadly, for those of you who do not hang on every word I type, the MFI Index is not something I have money in directly.  It is a index of 50 MFI stocks that I reconstitute once a year to track how MFI is faring.

Today, it fared very, very well.  Up a stunning 3.25%.  On a day the IWV was up 77 basis points.  That placed my Index up over 9.3% here on the 22nd of January.

Now I have seen stretches of out-performance to be fairly rapidly followed by a stretch of under-

performance.  So probably don't want to run a victory lap at this time.  But still,  it does feel a bit like vindication.  Two stocks, SRNE and BIVV are up almost 100% already - 3 weeks into the new year... wish I owned one of them!  And even though a lot of year is left, I always like to say I'd rather have my first two cards in poker be good rather than bad!

I do get to choose 5 new stocks just 9 days from now.  Here is how my 2/1/17 portfolio is winding down:

2/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
AKRX	$19.10	$33.09	$0.00	73.2%	25.3%
YY	$41.08	$135.37	$0.00	229.5%	25.3%
KLAC	$85.11	$114.59	$2.26	37.3%	25.3%
WNC	$17.65	$22.75	$0.24	30.3%	25.3%
RGR	$52.75	$54.10	$1.36	5.1%	25.3%
Totals				75.1%	25.3%

This weekend I will do some crunching and try and narrow my picks down to 7-8.