Click here for the Momentum Ranking of week 18.
This week’s transactions:
-
Sold:
- NBLX
- FCX (no longer in top 20%)
-
Reduced:
- NWSA (below MA20)
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 |
|---|---|---|---|---|---|---|
| NAVI | Navient Corporation | S&P 400 | Financial Services | 3B | -0.013 | 0.04 |
| FIX | Comfort Systems USA, Inc. | Barrons 400 | Industrials | 3.13B | -0.015 | 0.039 |
| AMG | Affiliated Managers Group, Inc. | S&P 400 | Financial Services | 6.71B | -0.027 | 0.037 |
| SFBS | ServisFirst Bancshares, Inc. | Barrons 400 | Financial Services | 3.56B | -0.017 | 0.035 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.22B | -0.017 | 0.035 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 12.52B | -0.009 | 0.033 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 7.85B | -0.02 | 0.032 |
| PNFP | Pinnacle Financial Partners, Inc. | S&P 400 | Financial Services | 6.74B | -0.09 | 0.031 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 5.98B | -0.052 | 0.03 |
| EWBC | East West Bancorp, Inc. | S&P 400 | Financial Services | 10.79B | -0.076 | 0.03 |
| UAA | Under Armour, Inc. | S&P 500 | Consumer Cyclical | 9.68B | -0.023 | 0.03 |
| LPX | Louisiana-Pacific Corporation | S&P 400 | Basic Materials | 7.5B | -0.057 | 0.029 |
| WAL | Western Alliance Bancorporation | Barrons 400 | Financial Services | 10.94B | -0.037 | 0.029 |
| PACW | PacWest Bancorp | S&P 400 | Financial Services | 5.17B | -0.035 | 0.028 |
| LB | L Brands, Inc. | S&P 500 | Consumer Cyclical | 18.18B | -0.01 | 0.028 |
| TPR | Tapestry, Inc. | S&P 500 | Consumer Cyclical | 13.33B | -0.018 | 0.028 |
| GPS | The Gap, Inc. | S&P 500 | Consumer Cyclical | 13.03B | -0.041 | 0.027 |
| AMAT | Applied Materials, Inc. | S&P 500 | Technology | 115.72B | -0.09 | 0.027 |
| SBNY | Signature Bank | S&P 400 | Financial Services | 14.22B | -0.046 | 0.026 |
| CAR | Avis Budget Group, Inc. | S&P 400 | Industrials | 5.85B | -0.014 | 0.026 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 4.64B | -0.059 | 0.025 |
| WSM | Williams-Sonoma, Inc. | S&P 400 | Consumer Cyclical | 12.91B | -0.068 | 0.025 |
| RCII | Rent-A-Center, Inc. | Barrons 400 | Industrials | 3.91B | -0.07 | 0.025 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.46B | -0.016 | 0.025 |
| MOS | The Mosaic Company | S&P 500 | Basic Materials | 12.71B | -0.048 | 0.024 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 7.06B | -0.015 | 0.024 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.27B | -0.029 | 0.022 |
| TBBK | The Bancorp, Inc. | Barrons 400 | Financial Services | 1.42B | -0.122 | 0.022 |
| BKE | The Buckle, Inc. | Barrons 400 | Consumer Cyclical | 2.13B | -0.041 | 0.021 |
| ATKR | Atkore Inc. | Barrons 400 | Industrials | 3.89B | -0.021 | 0.02 |
| NWSA | News Corporation | S&P 500 | Consumer Cyclical | 14.65B | -0.048 | 0.019 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.018 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 6.82B | -0.031 | 0.017 |
| BYD | Boyd Gaming Corporation | S&P 400 | Consumer Cyclical | 7.28B | -0.05 | 0.016 |
| ADS | Alliance Data Systems Corporation | S&P 400 | Financial Services | 5.77B | -0.046 | 0.016 |
| KSS | Kohl’s Corporation | S&P 400 | Consumer Cyclical | 9.58B | -0.036 | 0.015 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 15.78B | -0.096 | 0.015 |
| FANG | Diamondback Energy, Inc. | S&P 500 | Energy | 14.63B | -0.054 | 0.013 |
| MRO | Marathon Oil Corporation | S&P 500 | Energy | 8.82B | -0.163 | 0.013 |
| TRIP | TripAdvisor, Inc. | S&P 400 | Consumer Cyclical | 6.29B | -0.271 | 0.006 |
As always, more trades next week!