Click here for the Momentum Ranking of week 24.
This week’s transactions:
-
Sold:
- CCS (below SMA100)
- MOS
- ATKR (no longer in top 20%)
-
Bought:
- CC (Chemours Company (S&P 400))
- SGMS (Scientific Games (S&P 400))
- VVV (Valvoline Inc (S&P 400))
Index Distribution:
The S&P 400 still has the highest weight in the portfolio:
Current portfolio allocation: The Industrial 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 |
|---|---|---|---|---|---|---|
| KSU | Kansas City Southern | S&P 500 | Industrials | 26.55B | -0.073 | 0.064 |
| TXT | Textron Inc. | S&P 500 | Industrials | 15.39B | -0.05 | 0.048 |
| FIX | Comfort Systems USA, Inc. | Barrons 400 | Industrials | 3.03B | -0.041 | 0.044 |
| SNX | SYNNEX Corporation | S&P 400 | Technology | 6.62B | -0.015 | 0.043 |
| AYI | Acuity Brands, Inc. | S&P 400 | Technology | 6.67B | -0.043 | 0.042 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.41B | -0.045 | 0.042 |
| NAVI | Navient Corporation | S&P 400 | Financial Services | 3.49B | -0.017 | 0.041 |
| SFBS | ServisFirst Bancshares, Inc. | Barrons 400 | Financial Services | 3.76B | -0.038 | 0.038 |
| IVZ | Invesco Ltd. | S&P 500 | Financial Services | 13.39B | -0.032 | 0.035 |
| SHLX | Shell Midstream Partners, L.P. | Barrons 400 | Energy | 6.22B | -0.036 | 0.035 |
| MYRG | MYR Group Inc. | Barrons 400 | Industrials | 1.51B | -0.017 | 0.033 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.033 |
| STLD | Steel Dynamics, Inc. | S&P 400 | Basic Materials | 13.06B | -0.056 | 0.03 |
| NUE | Nucor Corporation | S&P 500 | Basic Materials | 29.99B | -0.074 | 0.03 |
| CMC | Commercial Metals Company | S&P 400 | Basic Materials | 3.86B | -0.04 | 0.03 |
| MTZ | MasTec, Inc. | S&P 400 | Industrials | 8.48B | -0.067 | 0.03 |
| VVV | Valvoline Inc. | S&P 400 | Energy | 6.14B | -0.022 | 0.028 |
| DXC | DXC Technology Company | S&P 500 | Technology | 10.45B | -0.017 | 0.027 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 7.71B | -0.061 | 0.025 |
| DISH | DISH Network Corporation | S&P 500 | Communication Services | 21.05B | -0.149 | 0.024 |
| HIBB | Hibbett Sports, Inc. | Barrons 400 | Consumer Cyclical | 1.28B | -0.108 | 0.023 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 5.76B | -0.092 | 0.023 |
| XPEL | XPEL, Inc. | Barrons 400 | Consumer Cyclical | 2.41B | -0.065 | 0.022 |
| CC | The Chemours Company | S&P 400 | Basic Materials | 5.99B | -0.066 | 0.022 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 19.89B | -0.094 | 0.018 |
| CAR | Avis Budget Group, Inc. | S&P 400 | Industrials | 6.44B | -0.037 | 0.018 |
| SGMS | Scientific Games Corporation | S&P 400 | Consumer Cyclical | 7.2B | -0.034 | 0.018 |
| XEC | Cimarex Energy Co. | S&P 400 | Energy | 7.14B | -0.068 | 0.018 |
| PACW | PacWest Bancorp | S&P 400 | Financial Services | 5.05B | -0.095 | 0.015 |
| ADS | Alliance Data Systems Corporation | S&P 400 | Financial Services | 5.62B | -0.143 | 0.015 |
| X | United States Steel Corporation | S&P 400 | Basic Materials | 7.04B | -0.107 | 0.014 |
| WSM | Williams-Sonoma, Inc. | S&P 400 | Consumer Cyclical | 12.17B | -0.151 | 0.013 |
| LB | L Brands, Inc. | S&P 500 | Consumer Cyclical | 17.86B | -0.087 | 0.013 |
| TEX | Terex Corporation | S&P 400 | Industrials | 3.23B | -0.159 | 0.013 |
| LGIH | LGI Homes, Inc. | Barrons 400 | Consumer Cyclical | 3.88B | -0.183 | 0.011 |
| LPX | Louisiana-Pacific Corporation | S&P 400 | Basic Materials | 5.89B | -0.234 | 0.011 |
| GPS | The Gap, Inc. | S&P 500 | Consumer Cyclical | 12.06B | -0.138 | 0.011 |
As always, more trades next week!