Here’s an update on the stocks I started buying 05/12/08. Since then, three more stocks were added: GLW on 05/13/08; BIG on 05/14/08 and TTEK on 05/16/08.

So far, the group of 22 stocks (equally weighted) is up 5.34% month to date as of the end of trading 05/29/08.

Performance:

Alpha’s  +5.34% MTD

S&P 500 +1.14%  MTD

Dow  -1.36%  MTD

Naz  +3.96% MTD

Top three winners:

EAC   +19.51%

CLF   +17.95%

CLR   +17.95%

Top three losers:

FTI   -5.25%

MOS   -2.98%

AGU   -1.73%

Sector allocations: Energy 37.71%; Materials 34.46%; Industrials 16.46%; Info Tech 7.65%; Consumer Discretionary 4.34%. 

Holdings: (current prices) and purchase prices:

(AGU: 84.30 +1.22%)@86.26

((AKS: 52.61 +1.02%)@68.99

(BIG: 29.57 +0.07%)@ 29.05

(CLF: 101.22 -0.34%)@89.40

(CLR: 50.17 -0.83%)@51.90

(CNX: 67.71 -0.73%)@91.41

(EAC: 51.56 -2.74%)@55.52

(FDG: 89.48 +0.75%)@69.30

(FLS: 132.12 -2.98%)@121.10

(FTI: 53.56 -1.00%)@75.48

(GLW: 20.54 -1.11%)@25.74

(MA: 242.55 +0.03%)@291.75

(MEE: 65.96 -1.01%)@58.50

(MOS: 106.74 +0.46%)@126.98

(MTL: 27.34 +0.37%)@52.11

(PBR: 52.74 -0.60%)@65.55

((POT: 173.60 -1.75%)@199.26

(SGY: 47.67 -4.33%)@67.39

(SID: 34.71 -0.29%)@47.44

(TTEK: 28.58 -1.07%)@ 24.92

(WFT: 38.58 +0.36%)@41.99

(WLT: 93.80 -2.80%)@83.87

I will post changes as I go along.

Disclaimer: This information is not intended to be used as the primary basis of investment decisions. Because of individual investors requirements, it should not be construed as advice designed to meet the particular investment needs of any investor. Consult your financial advisor prior to taking any actions. The information and opinions contained here are those of the author and are not necessarily the same as those of iBankCoin, its principals or its affiliates. Trade at your own risk.