Click here for the Momentum Ranking of week 02.
This week’s transactions:
-
Sold:
- COP
- LSCC
- SAIA
- SMTC
- TNDM
-
Bought:
- CCMP (Cabot Microelectron (S&P 400))
- CIEN (Ciena Corp (S&P 400))
- KNSL (Kinsale Capital Group Inc (S&P 400))
- QCOM (Qualcomm Inc (S&P 500))
Index Distribution:
The S&P 500 now has the highest weight in the portfolio:
Current portfolio allocation:
Tech and stocks from the financial sector have largest share in the portfolio:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| HPQ | HP Inc. | S&P 500 | Technology | 42.12B | -0.017 | 0.044 |
| STC | Stewart Information Services Corporation | Barrons 400 | Financial Services | 2.11B | -0.039 | 0.04 |
| CIEN | Ciena Corporation | S&P 400 | Technology | 11.43B | -0.043 | 0.039 |
| HMST | HomeStreet, Inc. | Barrons 400 | Financial Services | 1.14B | -0.003 | 0.038 |
| DLTR | Dollar Tree, Inc. | S&P 500 | Consumer Defensive | 30.83B | -0.091 | 0.037 |
| WD | Walker & Dunlop, Inc. | Barrons 400 | Financial Services | 4.87B | -0.051 | 0.037 |
| MLI | Mueller Industries, Inc. | Barrons 400 | Industrials | 3.31B | -0.067 | 0.036 |
| CCMP | CMC Materials, Inc. | S&P 400 | Technology | 5.39B | -0.049 | 0.036 |
| cash | Cash | Cash | Cash | – | 0.0 | 0.033 |
| EOG | EOG Resources, Inc. | S&P 500 | Energy | 58.08B | -0.014 | 0.031 |
| TER | Teradyne, Inc. | S&P 500 | Technology | 26.1B | -0.073 | 0.03 |
| QCOM | QUALCOMM Incorporated | S&P 500 | Technology | 203.49B | -0.072 | 0.03 |
| CF | CF Industries Holdings, Inc. | S&P 500 | Basic Materials | 14.64B | -0.098 | 0.03 |
| MCB | Metropolitan Bank Holding Corp. | Barrons 400 | Financial Services | 1.17B | -0.008 | 0.029 |
| RILY | B. Riley Financial, Inc. | Barrons 400 | Financial Services | 2.31B | -0.081 | 0.029 |
| F | Ford Motor Company | S&P 500 | Consumer Cyclical | 94.94B | -0.044 | 0.028 |
| KNSL | Kinsale Capital Group, Inc. | S&P 400 | Financial Services | 4.97B | -0.113 | 0.027 |
| SBNY | Signature Bank | S&P 500 | Financial Services | 21.62B | -0.048 | 0.027 |
| CUBI | Customers Bancorp, Inc. | Barrons 400 | Financial Services | 2.26B | -0.061 | 0.024 |
| GT | The Goodyear Tire & Rubber Company | S&P 400 | Consumer Cyclical | 6.05B | -0.134 | 0.023 |
| LYV | Live Nation Entertainment, Inc. | S&P 500 | Communication Services | 25.54B | -0.097 | 0.023 |
| LOW | Lowe’s Companies, Inc. | S&P 500 | Consumer Cyclical | 166.97B | -0.059 | 0.023 |
| FDS | FactSet Research Systems Inc. | S&P 500 | Financial Services | 16.8B | -0.106 | 0.022 |
| BLDR | Builders FirstSource, Inc. | S&P 400 | Industrials | 15.04B | -0.086 | 0.022 |
| WIRE | Encore Wire Corporation | Barrons 400 | Technology | 2.62B | -0.153 | 0.021 |
| ONEW | OneWater Marine Inc. | Barrons 400 | Consumer Cyclical | 732.66M | -0.123 | 0.021 |
| CPRX | Catalyst Pharmaceuticals, Inc. | Barrons 400 | Healthcare | 647.58M | -0.161 | 0.021 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 32.87B | -0.025 | 0.019 |
| MRO | Marathon Oil Corporation | S&P 500 | Energy | 14.03B | -0.032 | 0.019 |
| FIX | Comfort Systems USA, Inc. | Barrons 400 | Industrials | 3.42B | -0.075 | 0.018 |
| CLFD | Clearfield, Inc. | Barrons 400 | Technology | 935.85M | -0.197 | 0.018 |
| APA | APA Corporation | S&P 500 | Energy | 11.15B | -0.055 | 0.016 |
| FANG | Diamondback Energy, Inc. | S&P 500 | Energy | 21.73B | -0.027 | 0.016 |
| SLAB | Silicon Laboratories Inc. | S&P 400 | Technology | 7.67B | -0.115 | 0.014 |
| SYNA | Synaptics Incorporated | S&P 400 | Technology | 9.83B | -0.18 | 0.012 |
| AMD | Advanced Micro Devices, Inc. | S&P 500 | Technology | 164.86B | -0.197 | 0.012 |
| XLNX | Xilinx, Inc. | S&P 500 | Technology | 49.05B | -0.193 | 0.011 |
| ANET | Arista Networks, Inc. | S&P 500 | Technology | 40.63B | -0.115 | 0.011 |
| FLR | Fluor Corporation | S&P 400 | Industrials | 3.26B | -0.096 | 0.009 |
| WOLF | Wolfspeed, Inc. | S&P 400 | Technology | 12.59B | -0.25 | 0.008 |
| NVDA | NVIDIA Corporation | S&P 500 | Technology | 689.09B | -0.209 | 0.007 |
| TBK | Triumph Bancorp, Inc. | Barrons 400 | Financial Services | 2.88B | -0.156 | 0.007 |
As always, more trades next week!