February 2008 Summary
Stocks continued to sink further in February as a disastrous last day capped off another disappointing month. With the NASDAQ at an end of week low for the year of 2271.48, the index is now down a frightening
-14.36% for the month. The more conservative Dow Jones Industrial Average and S & P 500 have fared better, albeit still significantly negative, showing losses of -7.53% and -9.38% respectively.
Not surprisingly the Green Doberman/Rx basket of stocks has bled red along with the rest of the market. With a negative return of -12.46% for the year so far, the GD/Rx has only slightly outpaced the NASDAQ. Smaller cap stocks such as CYTR, JMBA, and JSDA have been bludgeoned in the -30% range for the first two months. Genco Shipping (GNK) and eLong (LONG) thus far the sole bright spots for the portfolio.
Top 5 performers YTD:
1) GNK +6.41%
2) LONG +3.99%
3) BWLD -0.21%
4) PFE -1.98%
5) KMB -6.00%
Worst 5 performers YTD:
1) CYTR -36.62%
2) JMBA -32.43%
3) JSDA -28.36%
4) TZOO -26.17%
5) FRE -26.09%
Indexes YTD:
DJIA -7.53%
NASDAQ -14.36%
S&P -9.38%
GD/Rx -12.46%
Note: All calculations for returns are excluding dividends.