Click here for the Momentum Ranking of week 29.
This week’s transactions:
-
Sold:
- SFBS
- AYI
- SHLX
- KSU (no longer in top 20%)
-
Bought:
- LSI (Life Storage (S&P 400))
- TGT (Target Corp (S&P 500))
Index Distribution:
The S&P 500 now makes up around 57% of the portfolio:
Current portfolio allocation: Tech and Consumer Cyclical account for almost 50% of the portfolio:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | S&P 500 | Technology | 461.84B | -0.1 | 0.121 |
| TGT | Target Corporation | S&P 500 | Consumer Defensive | 126.69B | -0.02 | 0.067 |
| LSI | Life Storage, Inc. | S&P 400 | Real Estate | 8.83B | -0.024 | 0.056 |
| IT | Gartner, Inc. | S&P 500 | Technology | 22.02B | -0.017 | 0.055 |
| EFX | Equifax Inc. | S&P 500 | Industrials | 31.26B | -0.033 | 0.05 |
| IRM | Iron Mountain Incorporated | S&P 500 | Industrials | 12.66B | -0.097 | 0.046 |
| FTNT | Fortinet, Inc. | S&P 500 | Technology | 43.15B | -0.031 | 0.043 |
| EPAM | EPAM Systems, Inc. | Barrons 400 | Technology | 30.97B | -0.028 | 0.043 |
| POOL | Pool Corporation | S&P 500 | Consumer Cyclical | 18.29B | -0.053 | 0.04 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.039 |
| MYRG | MYR Group Inc. | Barrons 400 | Industrials | 1.56B | -0.057 | 0.032 |
| TXT | Textron Inc. | S&P 500 | Industrials | 15.13B | -0.101 | 0.032 |
| NAVI | Navient Corporation | S&P 400 | Financial Services | 3.61B | -0.057 | 0.032 |
| SLM | SLM Corporation | S&P 400 | Financial Services | 6.3B | -0.089 | 0.029 |
| SEE | Sealed Air Corporation | S&P 500 | Consumer Cyclical | 8.32B | -0.078 | 0.026 |
| LB | L Brands, Inc. | S&P 500 | Consumer Cyclical | 19.64B | -0.101 | 0.026 |
| CROX | Crocs, Inc. | S&P 400 | Consumer Cyclical | 7.63B | -0.069 | 0.025 |
| CPRX | Catalyst Pharmaceuticals, Inc. | Barrons 400 | Healthcare | 578.84M | -0.1 | 0.025 |
| DXC | DXC Technology Company | S&P 500 | Technology | 9.92B | -0.1 | 0.025 |
| VVV | Valvoline Inc. | S&P 400 | Energy | 5.56B | -0.13 | 0.023 |
| HIBB | Hibbett, Inc. | Barrons 400 | Consumer Cyclical | 1.48B | -0.123 | 0.022 |
| NLOK | NortonLifeLock Inc. | S&P 500 | Technology | 15.04B | -0.1 | 0.019 |
| XPEL | XPEL, Inc. | Barrons 400 | Consumer Cyclical | 2.49B | -0.097 | 0.018 |
| CC | The Chemours Company | S&P 400 | Basic Materials | 5.32B | -0.206 | 0.018 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 17.15B | -0.221 | 0.015 |
| MAC | The Macerich Company | S&P 400 | Real Estate | 3.46B | -0.396 | 0.015 |
| SGMS | Scientific Games Corporation | S&P 400 | Consumer Cyclical | 6.07B | -0.255 | 0.014 |
| NUE | Nucor Corporation | S&P 500 | Basic Materials | 27.31B | -0.189 | 0.012 |
| OLN | Olin Corporation | S&P 400 | Basic Materials | 6.82B | -0.198 | 0.012 |
| STLD | Steel Dynamics, Inc. | S&P 400 | Basic Materials | 12.5B | -0.134 | 0.011 |
| AEO | American Eagle Outfitters, Inc. | S&P 400 | Consumer Cyclical | 5.81B | -0.142 | 0.01 |
As always, more trades next week!