1/15/16 Contest update
After they recaptured the Mexican shorty, aka El Chapo, I was hoping Wall Street’s shortys would retreat to their underground bunkers. Maybe a few did on Thursday but, to my dismay, they came roaring back today.
(For more on El Chapo, see this: on.cc.com
When the closing bell finally rang, the Contest median was down for the count of -24.68% YTD (vs. down -13.01% YTD a week ago), the Nasdaq Biotech Index (NBI) was down -16.04% YTD (vs. down -10.74% YTD a week ago) and the smaller-cap S&P Biotechnology Select Industry Index (SPSIBI) was down -21.54% YTD (vs. down -13.90% a week ago). The Nasdaq Composite Index (NCI) closed down -10.36% YTD (vs. down -7.26% YTD a week ago).
Contest portfolios have been devastated to the extent where MASTER’s portfolio has the lead with a double-digit YTD loss of -12.39%. Second place goes to JBOG’s portfolio, down a piddling -15.10% YTD, with FRED’s portfolio, down -15.22% YTD, in third place.
At Friday's close, all 58 Contest portfolios were in the red, with just 3 beating the NBI and 18 beating the SPSIBI. The 224 Contest stock picks have an average YTD loss of -22.10% and a median YTD loss of -22.28%.
Below is the Top Ten list. Also below are the Top 5 & Bottom 5 Stocks for the week ranked by % Gained and % Lost YTD.
Portfolio adjustments: None
(All corrections, especially adjustments for splits, greatly appreciated.)
Don’t let the lousy market ruin your weekend biotechies!
Peace & good health,
Bulba
1/15/16
Rank Name Profit/Loss
1 MASTER -12,394
2 JBOG -15,100
3 FRED -15,217
4 CEMBP -16,710
5 JACKH -17,046
6 DODGY -17,367
7 DANIEL -18,208
8 PGO -18,535
9 ROCKY -18,557
10 STOIC -19,014
Week's Top 5 Gainers
Symbol 1/8/16 1/15/16 Wk.%chg.
NSTG 11.970 14.330 19.72%
CPRX 1.900 2.100 10.53%
SPHS 1.530 1.670 9.15%
CELGZ 1.310 1.420 8.40%
XON 25.670 27.110 5.61%
Week's Worst 5 Losers
Symbol 1/8/16 1/15/16 Wk.%chg.
GNVC 1.730 0.510 -70.52%
SRPT 35.930 14.280 -60.26%
CUR 1.030 0.630 -38.83%
CBAY 1.610 1.060 -34.16%
HALO 14.850 10.100 -31.99% |
