Sunday, June 8, 2008

Results of Black Friday - June 6

Things couldn't get any worse than Friday. With bad job report and spiking oil price, major indices dropped 3% on average making the worse drop for the month. Here is how my portfolio did compare to the market:

Dow 3.13%
Nasdaq 2.96%
S&P 500 3.09%
Wilshire 5000 2.9%
My Portfolio 2.26%

Yes I did beat the major indices by almost 1% on Friday. However I was still not happy with the result as it is still a 2% drop.

Symbol(Gain/Loss)
ABB(2.97%)
ACM(1.89%)
AIXG(1.12%)
AIXG(3.85%)
BRCM(4.8%)
CPST(3.46%)
DAR(2.17%)
DIS(4.29%)
END(11.63%)
GTE(0.17%)
HNP(6.55%)
LMNX(5.22%)
NRF(2.69%)
NVDA(3.18%)
SDA(5.21%)
SOLF(2.35%)
XIDE(1.1%)

Fortunately END the oil driller benefit from the spiking oil price and gained 11.63% on the day and offset part of my heavy losses from stocks such as DIS, HNP, LMNX and SDA. A surprise come from battery maker XIDE which actually gained 1.1%.

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