This week, we carried out 6 new trades - 2 buys and 4 sells.
Whether you’re an investor or just interested in the stock market, our weekly Momentum Ranking report based on Andreas Clenow’s book Stocks on the Move is a must-read! Click here to access the latest data for week 16 and stay up-to-date on the top performers.
This week’s transactions:
Index Distribution:
The majority of our portfolio is currently made up of stocks from the S&P 500 sector.
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 | 0.292 |
| GEHC | GE HealthCare Technologies Inc. | S&P 500 | Healthcare | 37.93B | -0.012 | 0.051 |
| ACGL | Arch Capital Group Ltd. | S&P 500 | Financial Services | 26.73B | -0.018 | 0.046 |
| CRM | Salesforce, Inc. | S&P 500 | Technology | 197.84B | -0.015 | 0.044 |
| WST | West Pharmaceutical Services, Inc. | S&P 500 | Healthcare | 26.76B | -0.041 | 0.036 |
| COTY | Coty Inc. | S&P 400 | Consumer Defensive | 10.61B | -0.023 | 0.036 |
| LVS | Las Vegas Sands Corp. | S&P 500 | Consumer Cyclical | 45.4B | -0.046 | 0.036 |
| ELF | e.l.f. Beauty, Inc. | Barrons 400 | Consumer Defensive | 4.94B | -0.035 | 0.035 |
| LNTH | Lantheus Holdings, Inc. | S&P 400 | Healthcare | 6.07B | -0.006 | 0.033 |
| ESAB | ESAB Corporation | S&P 400 | Industrials | 3.58B | -0.068 | 0.031 |
| META | Meta Platforms, Inc. | S&P 500 | Communication Services | 557.65B | -0.024 | 0.031 |
| MTH | Meritage Homes Corporation | Barrons 400 | Consumer Cyclical | 4.62B | -0.025 | 0.031 |
| FICO | Fair Isaac Corporation | S&P 500 | Technology | 17.48B | -0.022 | 0.029 |
| ALGN | Align Technology, Inc. | S&P 500 | Healthcare | 26.9B | -0.194 | 0.029 |
| KD | Kyndryl Holdings, Inc. | S&P 400 | Technology | 3.29B | -0.148 | 0.028 |
| PEN | Penumbra, Inc. | S&P 400 | Healthcare | 10.33B | -0.054 | 0.027 |
| AXON | Axon Enterprise, Inc. | S&P 400 | Industrials | 16.47B | -0.015 | 0.026 |
| NVDA | NVIDIA Corporation | S&P 500 | Technology | 689.87B | -0.039 | 0.025 |
| GE | General Electric Company | S&P 500 | Industrials | 106.72B | -0.018 | 0.024 |
| WYNN | Wynn Resorts, Limited | S&P 500 | Consumer Cyclical | 12.88B | -0.05 | 0.023 |
| RCM | R1 RCM Inc. | S&P 400 | Healthcare | 6.35B | -0.45 | 0.022 |
| CROX | Crocs, Inc. | S&P 400 | Consumer Cyclical | 8.82B | -0.032 | 0.021 |
| ACLS | Axcelis Technologies, Inc. | Barrons 400 | Technology | 4.24B | -0.061 | 0.018 |
| ASRT | Assertio Holdings, Inc. | Barrons 400 | Healthcare | 335.92M | -0.113 | 0.014 |
| ALGM | Allegro MicroSystems, Inc. | S&P 400 | Technology | 8.41B | -0.11 | 0.013 |
As always, more trades next week!