This week, we engaged in 4 new trades, with 3 buys and 1 sells.
Looking for reliable stock performance data? Check out our weekly Momentum Ranking (based on Andreas Clenow’s book Stocks on the Move), updated every week with the latest figures! Click here to see the report for week 01.
This Week’s Trading Activity: A Balanced Approach
This week, the S&P 500 continues its steady ascent, remaining above its 200-day moving average for 292 days. This positive regime allows us to execute our momentum-based trading strategy, as detailed in Andreas Clenow’s ‘Stocks On The Move’. This methodology focuses on the adjusted slope to rank stocks, making it a methodical approach to identify prospects.
Buys/Sells Activity
In recent transactions, we have welcomed some new additions to our portfolio. We’ve purchased BILL Holdings, a company specializing in cloud-based software for automating finance operations. Chart Industries (GTLS), known for its engineering and manufacturing of cryogenic products, also joined. Lastly, we included Paymentus Holdings (PAY), a company revolutionizing the billing and payments industry, into our mix. On the other hand, IES Holdings (IESC) exited our portfolio due to strategy guidelines.
Significant attention continues on the Industrials sector, where many of our top holdings reside. AXON Enterprise, a leader in public safety technology, and PAY, with its innovative payment systems, are notable performers. Our rebalancing focused on augmenting positions in AXON, while trimming down in others like APO and CORT.
Summary
This week, GTLS emerges as a top performer with a gain, whereas BILL experienced a slight setback. Our portfolio remains diversified, with a strong presence in the Industrials sector, reflecting confidence in its growth potential. While keeping strategic cash reserves, we remain poised for opportunities, ensuring flexibility for potential market shifts.
As we conclude this week, the portfolio reflects a disciplined approach in line with our systematic trading strategy. We strive to maintain a balanced mix of holdings and are excited about the prospects in 2025. Please, feel free to share your insights or questions in the comments below—we’d love to hear from you!
This week’s transactions:
Index Distribution:
The S&P 500 index is currently contributing the most to our portfolio.
Current portfolio allocation:
The biggest share of our portfolio is currently allocated to the Industrials sector.
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| AXON | Axon Enterprise Inc | S&P 500 | Industrials | 45.64B | -14.34% | 0.072 |
| PAY | Paymentus Holdings Inc | Barrons 400 | Technology | 4.12B | -15.07% | 0.066 |
| PAYO | Payoneer Global Inc | Barrons 400 | Technology | 3.64B | -9.67% | 0.064 |
| UAL | United Airlines Holdings Inc | S&P 500 | Industrials | 32.02B | -7.35% | 0.062 |
| UPWK | Upwork Inc | Barrons 400 | Communication Services | 2.21B | -8.77% | 0.059 |
| ALTM | Arcadium Lithium PLC | S&P 400 | Basic Materials | 5.57B | -28.82% | 0.054 |
| GTLS | Chart Industries Inc | S&P 400 | Industrials | 8.26B | -5.55% | 0.053 |
| GEV | GE Vernova Inc | S&P 500 | Utilities | 91.08B | -7.47% | 0.052 |
| CCL | Carnival Corp | S&P 500 | Consumer Cyclical | 31.58B | -7.20% | 0.051 |
| DOCS | Doximity Inc | S&P 400 | Healthcare | 10.04B | -12.94% | 0.05 |
| CMPO | CompoSecure Inc | Barrons 400 | Industrials | 1.56B | -8.28% | 0.046 |
| NCLH | Norwegian Cruise Line Holdings Ltd | S&P 500 | Consumer Cyclical | 11.43B | -9.27% | 0.041 |
| PLTR | Palantir Technologies Inc | S&P 500 | Technology | 174.50B | -9.67% | 0.034 |
| VST | Vistra Corp | S&P 500 | Utilities | 47.16B | -17.82% | 0.033 |
| APO | Apollo Global Management Inc | S&P 500 | Financial Services | 93.85B | -12.47% | 0.033 |
| BILL | BILL Holdings Inc | S&P 400 | Technology | 8.80B | -13.15% | 0.025 |
| AGX | Argan, Inc | Barrons 400 | Industrials | 1.88B | -16.10% | 0.025 |
| TPL | Texas Pacific Land Corporation | S&P 500 | Energy | 25.96B | -36.14% | 0.022 |
| LITE | Lumentum Holdings Inc | S&P 400 | Technology | 5.83B | -11.88% | 0.022 |
| USLM | United States Lime & Minerals Inc | Barrons 400 | Basic Materials | 3.85B | -15.50% | 0.021 |
| CORT | Corcept Therapeutics Inc | Barrons 400 | Healthcare | 5.28B | -19.05% | 0.021 |
| VRT | Vertiv Holdings Co | Barrons 400 | Industrials | 43.10B | -21.16% | 0.021 |
| STRL | Sterling Infrastructure Inc | Barrons 400 | Industrials | 5.22B | -16.44% | 0.02 |
| APP | Applovin Corp | Barrons 400 | Technology | 108.94B | -22.27% | 0.02 |
| DUOL | Duolingo Inc | S&P 400 | Technology | 14.31B | -14.06% | 0.019 |
| cash | Cash | Cash | Cash | – | 713 | 0.014 |
As always, more trades next week!