Week Two Performance: Up 2.70% (From Start: Up 9.46%)

Aug. 15th 2008 in Performance

Another week of tumultuous action. I heard a video the other day that made an interesting point. Tom Brown from BankStocks.com called for a bottom in financial stocks and said that if you’re investing in any sector except oil, you have to believe the same. For example, if you are investing in retail stocks, how could they have seen the bottom if there’s more pain ahead for real estate/financials/banks?

I’ve intentionally avoided financial stocks and have a portfolio heavy on retail and other discretionary consumer items. Kind of makes me wonder…

This week, the 8 Stock Portfolio posted a gain of 2.70%. This gain is measured as the change in value from the closing prices on 8/8/2008 to the closing prices on 8/15/2008. This compares to a decline of 0.63% for the Dow, a gain of 1.59% for the Nasdaq, and gain of 0.15% for the S&P 500.

Since the beginning on 8/1/2008, the 8 Stock Portfolio is up 9.46%. This compares to gains of 2.95%, 6.13%, and 3.01% for the Dow, Nasaq, and S&P, respectively.

Here’s the performance individually for the week:

	8/8/2008	8/15/2008	Change
Brunswick Corp (BC)	14.72	14.63	-0.61%
Chico’s (CHS)	5.05	4.81	-4.75%
RH Donnelley (RHD)	2.05	1.88	-8.29%
Ruby Tuesday (RT)	7.71	8.28	7.39%
Select Comfort (SCSS)	1.96	2.30	17.35%
Titanium Metals (TIE)	11.02	11.13	1.00%
VMWare (VMW)	36.91	39.83	7.91%
Whole Foods Market (WFMI)	18.65	19.69	5.58%
8 Stock Portfolio (weighted)			2.70%

Here’s a separate chart showing the performance from the start:

	8/1/2008	8/15/2008	Change
Brunswick Corp (BC)	13.11	14.63	11.59%
Chico’s (CHS)	5.5	4.81	-12.55%
RH Donnelley (RHD)	1.47	1.88	27.89%
Ruby Tuesday (RT)	6.7	8.28	23.58%
Select Comfort (SCSS)	2.01	2.30	14.43%
Titanium Metals (TIE)	10.5	11.13	6.00%
VMWare (VMW)	35.31	39.83	12.80%
Whole Foods Market (WFMI)	21.42	19.69	-8.08%
8 Stock Portfolio			9.46%

A portfolio of 8 stock picks from the edge