While the S&P 500 flirted with its 200 day moving average (but failed to claim it), I had to sell the only remaining position in McKessen (MCK) because it is no longer in the top 20%.
November was -5% for the Momentum Portfolio, while the S&P500 was up about 5%. This is because the base currency for my portfolio is EUR, I am holding mostly cash (USD) and the Euro gained 5% vs the USD in November.
Click here for the Momentum Ranking of week 49.
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 | 53.61B | -0.048 | 0.035 |
As always, more trades next week!