Week in Review 3/30 – Market Closes Quarter with a Whimper

The S&P 500 and NASDAQ squeaked out gains of 0.2% and 0.3% respectively for the quarter, while the DOW couldn’t hold its head above water closing down -0.9%.  Considering the DOW’s 400 point melt down on February 27th – the indices held up fairly well.

Holding up is fine, but making money is more fun.  If that interest you – commodities were the place to be invested.  Copper 9.5%, Gold 4.8%, Silver 3.9% led the way.  That’s if you don’t include Nickel’s nearly 40% return.  Oil struggled out of the gate, but now it is up almost 8% for the year. 

So, how did the portfolios perform?

 

Fab 4:

PetroBras (PBR) led the charge this week up 4.3%.  A report surfaced that they may have had a giant oil find.  We like those types of reports.  BHP Billiton (BHP), Southern Copper (PCU) and Hudbay Minerals tacked on 3.0%, 1.8%, 0.6% respectively for the week.  Those collective performances enabled the Fab to close the quarter as the top portfolio.  For the quarter and year to date, it is up 11.2%.  Anyone holding PCU and BHP are quite happy.  Their respective year to date performances of 33% and 22% are simply phenomenal. 

BBO:

Freeport McMoran completing its acquisition of Phelps Dodge leaves a vacancy in the BBO.  So, I have chosen Chicago Bridge and Iron Company (CBI) to fill the void.  CBI based in the Netherlands is a worldwide engineering and construction company specializing in projects for companies that produce, store and distribute natural resources.  It serves customers in industries including oil and gas, chemical & petrochemical, power generation, water and waste water and metals and mining.  CBI fits in exceptionally well with BBO’s emerging markets growth theme.  Many infrastructure projects such as LNG Terminal construction, Pipeline systems development and Water treatment plants can be contracted to CBI.  Year to date, CBI is up 12%.

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BBO put in another solid week and closed out the quarter up 10.3%. 

Real Money:

Another false start.  Read here for details.

BRIC:

BRIC fell back into its funk and closed down -1.7% for the week.  It is still deeply in the red for the year.  I have been working on an alternative BRIC portfolio.  Read here for details.

Here are the rest of the regulars:

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SOX – Semiconductor Index
CEF – Gold and Silver Bullion ETF
CRESY – Argentine Beef, Grain and Farmland
GDX – Gold Mining Stocks ETF
GLD – Gold Bullion Exchange Traded Fund (ETF)
PHO – Water Resources ETF
USO – Oil ETF
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
Real Money – actual trades from one of my portfolios

Refer to the following links for more information on above stocks and portfolios:

SOX – Semiconductor Index
CEF – Gold and Silver Bullion ETF
CRESY – Argentine Beef, Grain and Farmland
GDX – Gold Mining Stocks ETF
GLD – Gold Bullion Exchange Traded Fund (ETF)
PHO – Water Resources ETF
USO – Oil ETF
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
Real Money – actual trades from one of my portfolios

Refer to the following links for more information on above stocks and portfolios:

GDX, CEF: Link
USO:
Link
BRIC, BBO:
Link
PHO:
Link
Real Money:
Link
Fab 4:
Link

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