Update for week 8

Market Signal: Green

A lot of market action and sector rotation going on recently, but we keep following the rules. There was one sell and a few reductions in this week.

Disclaimer

According to the latest ranking the following trades were due this week:

Ranking

This week’s transactions:

  • Sold:

    • DFS (no longer in top 20%)

  • Reduced to 50% (below the 8/21 MA):

    • ENPH
    • GTLS
    • ALRM
    • AXON
    • VC

  • New Buys:

    • JW-A (John Wiley Sons Cl A (S&P 400))
    • NLSN (Nielsen Holdings Plc (S&P 500))

The S&P 400 still has the biggest share in the portfolio:

pie title Index Distribution "S&P 400":43.76 "S&P 500":39.3 "Barrons 400":17.0 "Cash":-0.07

Current portfolio (@finviz):

Symbol Name Index Sector MC Dist to 52w High pct
JW-A John Wiley & Sons, Inc. S&P 400 Communication Services 3.02B -0.8% 4.1%
NLSN Nielsen Holdings plc S&P 500 Industrials 8.34B -1.6% 3.9%
ATKR Atkore Inc. Barrons 400 Industrials 3.07B -2.4% 3.8%
UAA Under Armour, Inc. S&P 500 Consumer Cyclical 9.08B -5.7% 3.3%
TPR Tapestry, Inc. S&P 500 Consumer Cyclical 11.23B -1.3% 3.2%
PNFP Pinnacle Financial Partners, Inc. S&P 400 Financial Services 6.17B -1.7% 3.1%
TBBK The Bancorp, Inc. Barrons 400 Financial Services 1.15B -3.6% 3.0%
EVR Evercore Inc. S&P 400 Financial Services 4.87B -6.2% 3.0%
IVZ Invesco Ltd. S&P 500 Financial Services 10.29B -2.2% 3.0%
MAT Mattel, Inc. S&P 400 Consumer Cyclical 6.62B -1.9% 2.9%
BYD Boyd Gaming Corporation S&P 400 Consumer Cyclical 6.28B -1.4% 2.8%
SIVB SVB Financial Group S&P 500 Financial Services 26.79B -1.6% 2.8%
SLM SLM Corporation S&P 400 Financial Services 5.68B -2.9% 2.7%
OZK Bank OZK S&P 400 Financial Services 5.3B -0.7% 2.7%
MTZ MasTec, Inc. S&P 400 Industrials 6.47B -1.6% 2.7%
GE General Electric Company S&P 500 Industrials 109.84B -1.6% 2.6%
OMF OneMain Holdings, Inc. Barrons 400 Financial Services 6.5B -16.3% 2.5%
AMAT Applied Materials, Inc. S&P 500 Technology 105.61B -7.4% 2.5%
MU Micron Technology, Inc. S&P 500 Technology 97.18B -5.7% 2.5%
DISCA Discovery, Inc. S&P 500 Consumer Cyclical 22.14B -1.3% 2.5%
OLN Olin Corporation S&P 400 Basic Materials 4.88B -2.4% 2.5%
BKR Baker Hughes Company S&P 500 Energy 24.54B -2.1% 2.4%
AEO American Eagle Outfitters, Inc. S&P 400 Consumer Cyclical 4.2B -2.3% 2.3%
TEX Terex Corporation S&P 400 Industrials 2.88B -2.3% 2.3%
VIAC ViacomCBS Inc. S&P 500 Communication Services 39.24B -1.6% 2.3%
GM General Motors Company S&P 500 Consumer Cyclical 72.95B -8.9% 2.2%
FCX Freeport-McMoRan Inc. S&P 500 Basic Materials 53.6B -2.6% 2.2%
CROX Crocs, Inc. Barrons 400 Consumer Cyclical 5.4B -1.1% 2.2%
DAR Darling Ingredients Inc. S&P 400 Consumer Defensive 10.62B -7.9% 2.1%
ADNT Adient plc S&P 400 Consumer Cyclical 3.38B -2.8% 2.0%
APPS Digital Turbine, Inc. Barrons 400 Technology 6.66B -20.0% 2.0%
ARWR Arrowhead Pharmaceuticals, Inc. S&P 400 Healthcare 8.37B -8.2% 1.9%
CREE Cree, Inc. S&P 400 Technology 13.04B -9.9% 1.8%
APA Apache Corporation S&P 500 Energy 7.28B -30.1% 1.6%
PENN Penn National Gaming, Inc. S&P 400 Consumer Cyclical 17.66B -8.7% 1.5%
XPEL XPEL, Inc. Barrons 400 Consumer Cyclical 1.37B -6.9% 1.4%
ALRM Alarm.com Holdings, Inc. Barrons 400 Technology 4.5B -12.9% 1.2%
NCR NCR Corporation S&P 400 Technology 4.5B -9.1% 1.1%
VC Visteon Corporation S&P 400 Consumer Cyclical 3.45B -15.5% 1.1%
AXON Axon Enterprise, Inc. S&P 400 Industrials 10.6B -20.0% 1.0%
GTLS Chart Industries, Inc. Barrons 400 Industrials 4.81B -12.3% 1.0%
ALB Albemarle Corporation S&P 500 Basic Materials 17.87B -16.9% 1.0%
ENPH Enphase Energy, Inc. S&P 500 Technology 21.34B -26.7% 0.7%
TSLA Tesla, Inc. S&P 500 Consumer Cyclical 659.51B -20.6% 0.6%
cash Cash Cash Cash – 0.0% -0.1%

Current portfolio allocation:

pie title Sector Distribution "Consumer Cyclical":28.07 "Financial Services":22.84 "Industrials":17.29 "Technology":11.82 "Communication Services":6.39 "Basic Materials":5.63 "Energy":3.98 "Consumer Defensive":2.11 "Healthcare":1.93 "Cash":-0.07

As always, more trades next week!

CW08  2021