The S&P 500 still trades below the 200 day moving average, so no new buys are allowed.
Click here for the Momentum Ranking of week 11.
This week’s transactions:
- Sold:
- HPQ
Index Distribution:
The S&P 500 still has the highest weight in the portfolio, followed by cash:
Current portfolio allocation:
“Cash is a position”
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| cash | Cash | Cash | Cash | – | 0.0 | 0.275 |
| CERN | Cerner Corporation | S&P 500 | Technology | 27.46B | -0.001 | 0.137 |
| ABBV | AbbVie Inc. | S&P 500 | Healthcare | 275.71B | -0.003 | 0.059 |
| MKC | McCormick & Company, Incorporated | S&P 500 | Consumer Defensive | 25.89B | -0.084 | 0.049 |
| CVX | Chevron Corporation | S&P 500 | Energy | 315.99B | -0.094 | 0.048 |
| MCK | McKesson Corporation | S&P 500 | Healthcare | 43.54B | -0.003 | 0.047 |
| CHD | Church & Dwight Co., Inc. | S&P 500 | Consumer Defensive | 24.01B | -0.056 | 0.045 |
| VRTX | Vertex Pharmaceuticals Incorporated | S&P 500 | Healthcare | 62.88B | -0.031 | 0.044 |
| CVS | CVS Health Corporation | S&P 500 | Healthcare | 140.41B | -0.038 | 0.043 |
| DLTR | Dollar Tree, Inc. | S&P 500 | Consumer Defensive | 33.98B | -0.019 | 0.039 |
| SFM | Sprouts Farmers Market, Inc. | S&P 400 | Communication Services | 3.49B | -0.1 | 0.032 |
| CF | CF Industries Holdings, Inc. | S&P 500 | Basic Materials | 19.9B | -0.056 | 0.031 |
| EOG | EOG Resources, Inc. | S&P 500 | Energy | 67.11B | -0.071 | 0.027 |
| CCMP | CMC Materials, Inc. | S&P 400 | Technology | 5.22B | -0.085 | 0.023 |
| MRO | Marathon Oil Corporation | S&P 500 | Energy | 16.53B | -0.158 | 0.018 |
| FANG | Diamondback Energy, Inc. | S&P 500 | Energy | 22.71B | -0.123 | 0.018 |
| BPMP | BP Midstream Partners LP | Barrons 400 | Energy | 1.72B | -0.17 | 0.017 |
| APA | APA Corporation | S&P 500 | Energy | 13.22B | -0.109 | 0.017 |
| DVN | Devon Energy Corporation | S&P 500 | Energy | 39.19B | -0.16 | 0.016 |
| AA | Alcoa Corporation | S&P 400 | Basic Materials | 14.7B | -0.202 | 0.015 |
As always, more trades next week!