In the past week, we made 11 new trades: 3 buy(s) and 8 sell(s).
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 28.
Navigating the Market: Weekly Update and Portfolio Changes
This week in our portfolio journey, we’re examining market dynamics under stable conditions. The S&P 500, which has been above its 200-day moving average for 39 days, indicates a favorable environment for new buys. With a cash share of just 2.5%, we’re almost fully invested, indicating our confidence in the current market climate.
In our latest moves, we’ve welcomed new stocks to the portfolio, focusing on opportunities that align with our momentum strategy as outlined by Andreas Clenow in ‘Stocks On The Move.’ ATI Inc. joins our holdings, bringing its expertise from the Specialty Materials sector. Similarly, GEV from the Energy sector and IESC from Industrial Services bolster our portfolio with fresh potential rooted in solid momentum trends.
However, in a busy week of activity, we’ve also closed positions in several stocks: HCI, LRN, MCK, NFG, PLMR, RGLD, ROL, and UGI. These changes largely comply with our strategy of selling stocks that fall below the top 10% of rankings, ensuring our investments remain optimized. We further solidified our positions with additional investments in DG, MOS, and STRL, leveraging the freed-up cash to strengthen where we’ve seen ongoing value.
Industrials lead the charge as this week’s top sector, typically providing stability and growth diversity to portfolios due to their broad reach in manufacturing and production. Our current top holdings include EHC, MOS, and DG, showcasing the diversity and balance of our investments. NEU celebrated a strong performance with a gain of 8.31%, standing out as the best performer in our lineup. Meanwhile, PLTR had a slight dip of 3.56%, making it the week’s weakest performer.
We love hearing from you - how are these shifts influencing your investment decisions? Feel free to share your thoughts in the comments below.
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:
The Industrials sector now has the largest share in the portfolio:
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| EHC | Encompass Health Corp | S&P 400 | Healthcare | 11.95B | -3.75% | 0.102 |
| MOS | Mosaic Company | S&P 500 | Basic Materials | 11.83B | -2.05% | 0.079 |
| DG | Dollar General Corp | S&P 500 | Consumer Defensive | 24.90B | -16.47% | 0.076 |
| ATI | ATI Inc | S&P 400 | Industrials | 12.35B | -1.01% | 0.065 |
| NEU | NewMarket Corp | S&P 400 | Basic Materials | 6.99B | -0.25% | 0.055 |
| MNST | Monster Beverage Corp | S&P 500 | Consumer Defensive | 60.12B | -4.34% | 0.051 |
| PM | Philip Morris International Inc | S&P 500 | Consumer Defensive | 277.22B | -4.60% | 0.051 |
| GEV | GE Vernova Inc | S&P 500 | Industrials | 144.46B | -0.62% | 0.049 |
| STRL | Sterling Infrastructure Inc | Barrons 400 | Industrials | 6.87B | -6.07% | 0.049 |
| VRSN | Verisign Inc | S&P 500 | Technology | 26.86B | -1.49% | 0.048 |
| WRB | W.R. Berkley Corp | S&P 500 | Financial Services | 26.70B | -7.24% | 0.046 |
| IESC | IES Holdings Inc | Barrons 400 | Industrials | 5.84B | -8.11% | 0.045 |
| COR | Cencora Inc | S&P 500 | Healthcare | 57.88B | -3.47% | 0.045 |
| FCFS | FirstCash Holdings Inc | S&P 400 | Financial Services | 5.94B | -3.27% | 0.038 |
| HII | Huntington Ingalls Industries Inc | S&P 500 | Industrials | 9.77B | -12.84% | 0.038 |
| NEM | Newmont Corp | S&P 500 | Basic Materials | 64.35B | -4.14% | 0.036 |
| ULS | UL Solutions Inc | Barrons 400 | Industrials | 14.29B | -3.69% | 0.034 |
| PLTR | Palantir Technologies Inc | S&P 500 | Technology | 328.78B | -6.00% | 0.026 |
| OSIS | OSI Systems, Inc | Barrons 400 | Technology | 3.92B | -3.35% | 0.026 |
| cash | Cash | Cash | Cash | – | - | 0.025 |
| AGX | Argan, Inc | Barrons 400 | Industrials | 2.76B | -17.90% | 0.016 |
As always, more trades next week!