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…