Click here for the Momentum Ranking of week 12.
This week’s transactions:
-
Sold:
- XPEL
- CREE (no longer in top 20%)
-
Position size reduced to 50%:
- APA
- DVN
- XEC
- PENN (below 21 EMA)
-
Bought:
- KSS (Kohl’s Corp (S&P 400))
- WAL (Western Alliance Bancorp (Barrons 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 |
|---|---|---|---|---|---|---|
| cash | Cash | Cash | Cash | – | 0 | 0.04 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 5.58B | -0.024 | 0.036 |
| NLSN | Nielsen Holdings plc | S&P 500 | Industrials | 9.19B | -0.021 | 0.035 |
| VIAC | ViacomCBS Inc. | S&P 500 | Communication Services | 57.74B | -0.016 | 0.033 |
| PNFP | Pinnacle Financial Partners, Inc. | S&P 400 | Financial Services | 6.59B | -0.074 | 0.032 |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 11.6B | -0.059 | 0.032 |
| EVR | Evercore Inc. | S&P 400 | Financial Services | 5.47B | -0.074 | 0.032 |
| AMG | Affiliated Managers Group, Inc. | S&P 400 | Financial Services | 6.24B | -0.011 | 0.032 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 11.19B | -0.036 | 0.031 |
| OZK | Bank OZK | S&P 400 | Financial Services | 5.33B | -0.081 | 0.03 |
| SFNC | Simmons First National Corporation | Barrons 400 | Financial Services | 3.19B | -0.096 | 0.028 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 5.76B | -0.106 | 0.028 |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 9.56B | -0.037 | 0.028 |
| WAL | Western Alliance Bancorporation | Barrons 400 | Financial Services | 9.49B | -0.069 | 0.026 |
| OMF | OneMain Holdings, Inc. | Barrons 400 | Financial Services | 6.98B | -0.099 | 0.025 |
| SIVB | SVB Financial Group | S&P 500 | Financial Services | 25.99B | -0.113 | 0.025 |
| TBBK | The Bancorp, Inc. | Barrons 400 | Financial Services | 1.29B | -0.062 | 0.025 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 4.64B | -0.07 | 0.025 |
| MU | Micron Technology, Inc. | S&P 500 | Technology | 97.93B | -0.047 | 0.025 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 4.86B | -0.009 | 0.025 |
| CPRI | Capri Holdings Limited | S&P 400 | Consumer Cyclical | 7.65B | -0.09 | 0.024 |
| AMAT | Applied Materials, Inc. | S&P 500 | Technology | 108.08B | -0.042 | 0.024 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.07B | -0.087 | 0.024 |
| RCII | Rent-A-Center, Inc. | Barrons 400 | Industrials | 3.18B | -0.083 | 0.024 |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 6.63B | -0.091 | 0.023 |
| DISCA | Discovery, Inc. | S&P 500 | Consumer Cyclical | 31.67B | -0.045 | 0.022 |
| KSS | Kohl’s Corporation | S&P 400 | Consumer Cyclical | 8.91B | -0.084 | 0.021 |
| FOXF | Fox Factory Holding Corp. | S&P 400 | Consumer Cyclical | 5.47B | -0.077 | 0.021 |
| BKE | The Buckle, Inc. | Barrons 400 | Consumer Cyclical | 1.96B | -0.058 | 0.02 |
| MOS | The Mosaic Company | S&P 500 | Basic Materials | 11.68B | -0.081 | 0.02 |
| FCX | Freeport-McMoRan Inc. | S&P 500 | Basic Materials | 48.68B | -0.105 | 0.019 |
| JW-A | John Wiley & Sons, Inc. | S&P 400 | Communication Services | 2.94B | -0.058 | 0.019 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.21B | -0.043 | 0.018 |
| ATKR | Atkore Inc. | Barrons 400 | Industrials | 3.23B | -0.055 | 0.018 |
| GTLS | Chart Industries, Inc. | Barrons 400 | Industrials | 4.97B | -0.129 | 0.018 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 6.59B | -0.083 | 0.013 |
| LGND | Ligand Pharmaceuticals Incorporated | S&P 400 | Healthcare | 2.58B | -0.251 | 0.012 |
| NBLX | Noble Midstream Partners LP | Barrons 400 | Energy | 1.29B | -0.09 | 0.011 |
| DAR | Darling Ingredients Inc. | S&P 400 | Consumer Defensive | 11.4B | -0.106 | 0.011 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 6.06B | -0.134 | 0.01 |
| MED | Medifast, Inc. | Barrons 400 | Consumer Cyclical | 2.72B | -0.169 | 0.01 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 14.87B | -0.145 | 0.009 |
| APA | APA Corporation | S&P 500 | Energy | 7.06B | -0.209 | 0.008 |
| PENN | Penn National Gaming, Inc. | S&P 400 | Consumer Cyclical | 17.76B | -0.203 | 0.007 |
As always, more trades next week!