Click here for the Momentum Ranking of week 13.
This week’s transactions:
-
Sold:
- MED (no longer in top 20%)
- VIAC
- DISCA (drop <-15%)
-
Position size reduced to 50%:
- NBLX
- UAA
- GTLS
- APA
- FOXF
- CPRI
- FCX (below 21 EMA)
-
Bought:
- none
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 | 0.144 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.06B | -0.037 | 0.039 |
| NLSN | Nielsen Holdings plc | S&P 500 | Industrials | 8.96B | -0.083 | 0.035 |
| PNFP | Pinnacle Financial Partners, Inc. | S&P 400 | Financial Services | 7.1B | -0.088 | 0.034 |
| AMG | Affiliated Managers Group, Inc. | S&P 400 | Financial Services | 6.3B | -0.042 | 0.033 |
| EVR | Evercore Inc. | S&P 400 | Financial Services | 5.5B | -0.117 | 0.032 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 11.41B | -0.066 | 0.032 |
| OZK | Bank OZK | S&P 400 | Financial Services | 5.36B | -0.114 | 0.031 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 6.09B | -0.085 | 0.03 |
| JW-A | John Wiley & Sons, Inc. | S&P 400 | Communication Services | 3.04B | -0.047 | 0.03 |
| SFNC | Simmons First National Corporation | Barrons 400 | Financial Services | 3.28B | -0.107 | 0.03 |
| AMAT | Applied Materials, Inc. | S&P 500 | Technology | 116.23B | -0.025 | 0.028 |
| OMF | OneMain Holdings, Inc. | Barrons 400 | Financial Services | 7.31B | -0.089 | 0.027 |
| WAL | Western Alliance Bancorporation | Barrons 400 | Financial Services | 9.69B | -0.095 | 0.027 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.22B | -0.106 | 0.025 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 4.81B | -0.106 | 0.025 |
| MU | Micron Technology, Inc. | S&P 500 | Technology | 96.7B | -0.096 | 0.025 |
| RCII | Rent-A-Center, Inc. | Barrons 400 | Industrials | 3.1B | -0.127 | 0.024 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 4.58B | -0.092 | 0.024 |
| TBBK | The Bancorp, Inc. | Barrons 400 | Financial Services | 1.2B | -0.166 | 0.024 |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 6.53B | -0.146 | 0.023 |
| KSS | Kohl’s Corporation | S&P 400 | Consumer Cyclical | 9.4B | -0.1 | 0.022 |
| BKE | The Buckle, Inc. | Barrons 400 | Consumer Cyclical | 1.98B | -0.102 | 0.02 |
| MOS | The Mosaic Company | S&P 500 | Basic Materials | 11.82B | -0.111 | 0.02 |
| ATKR | Atkore Inc. | Barrons 400 | Industrials | 3.26B | -0.094 | 0.019 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.15B | -0.127 | 0.018 |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 11.14B | -0.149 | 0.017 |
| FOXF | Fox Factory Holding Corp. | S&P 400 | Consumer Cyclical | 5.29B | -0.13 | 0.014 |
| CPRI | Capri Holdings Limited | S&P 400 | Consumer Cyclical | 7.41B | -0.192 | 0.014 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 6.63B | -0.131 | 0.014 |
| FCX | Freeport-McMoRan Inc. | S&P 500 | Basic Materials | 47.7B | -0.179 | 0.013 |
| SIVB | SVB Financial Group | S&P 500 | Financial Services | 26.33B | -0.187 | 0.012 |
| NBLX | Noble Midstream Partners LP | Barrons 400 | Energy | 1.33B | -0.055 | 0.012 |
| LGND | Ligand Pharmaceuticals Incorporated | S&P 400 | Healthcare | 2.5B | -0.322 | 0.012 |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 8.95B | -0.12 | 0.011 |
| DAR | Darling Ingredients Inc. | S&P 400 | Consumer Defensive | 11.77B | -0.115 | 0.011 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 6.16B | -0.128 | 0.011 |
| GTLS | Chart Industries, Inc. | Barrons 400 | Industrials | 4.96B | -0.204 | 0.01 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 14.61B | -0.164 | 0.009 |
| APA | APA Corporation | S&P 500 | Energy | 6.74B | -0.247 | 0.008 |
| PENN | Penn National Gaming, Inc. | S&P 400 | Consumer Cyclical | 17.08B | -0.308 | 0.007 |
As always, more trades next week!