Saturday, November 02, 2013

October Performance

We’re heading into the final stretch of the year as October has just ended. My results for the month of October was + 6.92% bringing my total year to date gain of +38.20%. Many growth stocks performed well in October. The stocks that contributed positively to my performance were: Constellation Brands (Ticker: STZ), Visa (Ticker: V), Mastercard (Ticker: MA), Apple (Ticker: AAPL) and Qiagen (Ticker: QGEN), while Vertex Pharmaceuticals (Ticker: VRTX) was a drag.

The running monthly returns are as follows:

January -0.3%
February +4.67%
March +5.03%
April +5.13%
May +5.13%
June -0.37%
July +2.3%
August +3.3%
September +6.39%
October +6.92%

I did pick up a few shares in The Jones Group, Inc. (Ticker: JNY) yesterday at $15.67. It looks like a deal will be finalized shortly with Sycamore Partners as the likely acquirer. I also added more to my Spectrum Communications (Ticker: SPRD) position by selling more of the January 2015 $30 Puts for $0.50. I guess that’s it for now…


At November 03, 2013, Anonymous Anonymous said...

Nice work - can you have the results audited?

At November 03, 2013, Blogger Money Turtle said...

I've actually thought of having my results audited as managing money have crossed my mind. So yes, a real possibility...


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