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« Let's Hear It for Round Numbers | Main | Who's to Blame? » June 30, 2008 The Buy List’s Mid-Year ReportUgh, we choked at the last minute! Going into today, the Crossing Wall Street Buy List had a comfortable lead over the S&P 500. But today, we collapsed. The S&P 500 rose by 0.13%, but our Buy List lost (yuck!) -1.49%. Today was the worst relative performance for us all year. For the year, the S&P 500 is off by -12.83% while our Buy List is now down -13.47%. The Buy List’s daily volatility is 6.27% greater than the S&P 500. Including dividends, the Buy List is down -13.16% while the S&P 500 is down by -11.91%. Roughly, that translates to an annual dividend yield of 2.12% for the S&P 500 and 0.72% for us. If you recall, the rules of the Buy List let me select 20 stocks at the beginning of the year and I'm not allowed to make any changes throughout the year. Right now, just three of our 20 stocks are in the black. The biggest loser by far is Unitedhealth Group (UNH), which is down by nearly 55%. Here's a look at how all 20 stocks have done. Stock..........................................Profit Posted by edelfenbein at June 30, 2008 9:53 PM |
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