The 200 day Moving Average is getting closer for the S&P 500, but we’re not quite there yet. Will Powell tonight pour some cold water on this market again or will the year-end rally start soon?
Click here for the Momentum Ranking of week 48.

This week’s transactions:
-
Sold:
- No sells in this week!
-
Bought:
- No buys in this week!
-
Rebalanced / added:
- No positions were rebalanced/added to in this week!
-
Rebalanced / reduced:
- No positions were rebalanced/reduced in this week!
Index Distribution:
At the moment, we are holding mostly cash:
Current portfolio allocation:
At the moment, the majority of the portfolio is in cash:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| cash | Cash | Cash | Cash | – | 0.0 | 0.965 |
| MCK | McKesson Corporation | S&P 500 | Healthcare | 54.13B | -0.05 | 0.035 |
As always, more trades next week!