Well, June was nothing great. I was ahead of the indexes, but that doesn’t mean much in absolute terms. For the year, I ended June ever so slightly negative. Good in relative terms, but I aim for better.
July has been ugly for me — I am down considerably more than the market, but these things happen… energy is off, and though I am market weight, the names I own have considerable operating leverage.
While I was on vacation, I did the following trades: bought some International Rectifier, Smithfield Foods, and Officemax. I enjoyed my time off, and disciplined my computer use to half and hour around lunch, and some time after the kids went to bed.
I am still working on my portfolios reshaping, and should have some trades by early next week.
Full disclosure: long IRF SFD OMX