Week 13 – week ending 01/11/19

We are officially halfway through the contest and small caps had their best week yet.  SUNY Geneseo was the top performer this past week, posting double digit returns, thanks to one of its positions, Loxo Oncology, being acquired by Eli Lilly for a 68% premium. ...

Week 12 – week ending 01/04/19

Despite being a short week, it was another volatile one.  Fortunately, Friday’s strong jobs report, coupled with dovish comments by the Fed chair, sent stocks soaring.  For the week, every team posted gains.  Siena, Bryn Mawr and Grove City had the strongest weekly...

Week 11 – week ending 12/28/18

Happy New Year!  Hope you all had a wonderful holiday season. The markets continued their decline into year-end with small caps falling over 5% during the past two weeks.  Currently, Skidmore is the only team posting positive returns.  Let’s hope for a much brighter...

Week 9 – week ending 12/14/18

It was another difficult week for equity markets, with small caps falling 2.5%.  While most Adirondack Cup portfolios also declined, five managed to post positive returns.  The biggest mover this week was Hofstra, jumping up 4 spots, putting the school back in the Top...

Week 8 – week ending 12/07/18

It was the worst week yet for small caps since the competition began with a decline of over 5%.  However, it wasn’t all terrible news for the Adirondack Cup teams, especially for the six teams that hold Cronos.  Cronos, which invests in businesses focused on medical...

Week 7 – week ending 11/30/18

Equity markets rallied last week after Fed Chair, Jerome Powell, indicated future rate hikes may slow.  The majority of the Adirondack Cup teams also posted gains. Skidmore continued its ascent, moving into 3rd place while Keuka, Rhode Island College and Hamilton were...