Click here for the Momentum Ranking of week 11.
This week’s transactions:
-
Sold:
- AXON (no longer in top 20%)
-
Position size reduced to 50%:
- JW-A (below 21 EMA)
-
Bought:
- LGND (Ligand Pharm (S&P 400))
Index Distribution:
The S&P 400 still has the highest weight in the portfolio:
Current portfolio allocation: The Financial sector now has the largest share in the portfolio:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| NLSN | Nielsen Holdings plc | S&P 500 | Industrials | 9.32B | 0.003 | 0.035 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.27B | -0.04 | 0.034 |
| EVR | Evercore Inc. | S&P 400 | Financial Services | 5.95B | -0.009 | 0.033 |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 12.55B | -0.002 | 0.033 |
| PNFP | Pinnacle Financial Partners, Inc. | S&P 400 | Financial Services | 6.82B | -0.018 | 0.032 |
| OZK | Bank OZK | S&P 400 | Financial Services | 5.8B | -0.01 | 0.031 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 11.74B | -0.002 | 0.031 |
| AMG | Affiliated Managers Group, Inc. | S&P 400 | Financial Services | 6.29B | -0.002 | 0.031 |
| VIAC | ViacomCBS Inc. | S&P 500 | Communication Services | 60.29B | -0.029 | 0.03 |
| SFNC | Simmons First National Corporation | Barrons 400 | Financial Services | 3.43B | -0.042 | 0.029 |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 9.84B | -0.006 | 0.027 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 7.15B | -0.018 | 0.027 |
| SIVB | SVB Financial Group | S&P 500 | Financial Services | 28.13B | -0.016 | 0.026 |
| OMF | OneMain Holdings, Inc. | Barrons 400 | Financial Services | 7.48B | -0.034 | 0.026 |
| TBBK | The Bancorp, Inc. | Barrons 400 | Financial Services | 1.35B | -0.013 | 0.025 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 5.06B | -0.004 | 0.025 |
| CPRI | Capri Holdings Limited | S&P 400 | Consumer Cyclical | 8.34B | 0.009 | 0.025 |
| RCII | Rent-A-Center, Inc. | Barrons 400 | Industrials | 3.36B | -0.008 | 0.025 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.28B | -0.019 | 0.024 |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 7.01B | -0.026 | 0.024 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 5.61B | -0.069 | 0.024 |
| MU | Micron Technology, Inc. | S&P 500 | Technology | 103.86B | -0.072 | 0.023 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 4.93B | -0.03 | 0.023 |
| AMAT | Applied Materials, Inc. | S&P 500 | Technology | 110.47B | -0.077 | 0.023 |
| NBLX | Noble Midstream Partners LP | Barrons 400 | Energy | 1.35B | -0.026 | 0.022 |
| DISCA | Discovery, Inc. | S&P 500 | Consumer Cyclical | 33.05B | -0.032 | 0.021 |
| FOXF | Fox Factory Holding Corp. | S&P 400 | Consumer Cyclical | 5.9B | -0.035 | 0.021 |
| BKE | The Buckle, Inc. | Barrons 400 | Consumer Cyclical | 2.07B | -0.006 | 0.02 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 6.64B | -0.052 | 0.02 |
| MOS | The Mosaic Company | S&P 500 | Basic Materials | 12.67B | -0.004 | 0.02 |
| GTLS | Chart Industries, Inc. | Barrons 400 | Industrials | 5.82B | -0.005 | 0.02 |
| FCX | Freeport-McMoRan Inc. | S&P 500 | Basic Materials | 51.7B | -0.055 | 0.019 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 16.06B | -0.058 | 0.019 |
| ATKR | Atkore Inc. | Barrons 400 | Industrials | 3.37B | -0.017 | 0.018 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.23B | -0.025 | 0.017 |
| JW-A | John Wiley & Sons, Inc. | S&P 400 | Communication Services | 2.78B | -0.107 | 0.017 |
| PENN | Penn National Gaming, Inc. | S&P 400 | Consumer Cyclical | 20.05B | -0.039 | 0.016 |
| APA | APA Corporation | S&P 500 | Energy | 8.01B | -0.097 | 0.016 |
| XPEL | XPEL, Inc. | Barrons 400 | Consumer Cyclical | 1.77B | -0.05 | 0.014 |
| cash | Cash | Cash | Cash | – | 0 | 0.012 |
| LGND | Ligand Pharmaceuticals Incorporated | S&P 400 | Healthcare | 2.69B | -0.257 | 0.012 |
| DAR | Darling Ingredients Inc. | S&P 400 | Consumer Defensive | 12.79B | -0.006 | 0.011 |
| MED | Medifast, Inc. | Barrons 400 | Consumer Cyclical | 2.92B | -0.084 | 0.01 |
| CREE | Cree, Inc. | S&P 400 | Technology | 13.43B | -0.136 | 0.006 |
As always, more trades next week!