During the past week, we made 3 new trades - 2 buy(s) and 1 sell(s).
Click here for the Momentum Ranking of week 43.
Weekly Portfolio Update
As the trading week wraps up, the market mood seems cautiously optimistic, with the S&P 500 maintaining its stride above the 200-day moving average for an impressive 113 days. This steady bullish regime has allowed us to keep our investment activities vibrant, while allocating a minimal cash share of just under 1.46%—suggesting we are almost fully invested.
Portfolio Actions
New Buys: This week, we welcomed two new buys into our portfolio. TTI, operating in the energy sector, has joined our lineup driven by its momentum and recent performance surge. UI, from the software sector, made the cut owing to its strong adjusted slope ranking, reflecting solid upward momentum.
New Sells: CDE, although previously promising, was sold due to its drop in momentum ranking and failure to meet our stringent criteria.
Rebalances: While we didn’t add to any positions in our portfolio, we recalibrated by trimming our stakes in HL, SBH, SSRM, and WDC. This move helps us maintain the liquidity needed while adhering to the systematic trading strategy inspired by Andreas Clenow’s ‘Stocks On The Move’.
Market Sector Insights: Our best performer this week, TTI, soared with a gain of over 30%, while KTOS had a rough patch, registering the lowest performance with a decline of 8.4%. Gold and silver miners, however, took a hit today as these precious metals significantly retreated from their highs, impacting their respective stocks.
Portfolio Highlights
Technology remains the top sector in our portfolio, a typical driver of innovation and growth, which makes it an essential component in capturing market uptrends. Our top holdings this week are FLEX, MEDP, and FIX, each uniquely contributing to our portfolio’s diversification and strength.
We always welcome your thoughts and insights—please share them in the comments below.
This week’s transactions:
Index Distribution:
Right now, most of the stocks in our portfolio are from the S&P 400 category.
Current portfolio allocation:
We’re heavily invested in the Technology sector at the moment.
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| FLEX | Flex Ltd | S&P 400 | Technology | 23.57B | -2.31% | 0.066 |
| MEDP | Medpace Holdings Inc | S&P 400 | Healthcare | 15.38B | 0.07% | 0.063 |
| FIX | Comfort Systems USA, Inc | S&P 400 | Industrials | 28.97B | -4.71% | 0.055 |
| AVGO | Broadcom Inc | S&P 500 | Technology | 1620.08B | -8.33% | 0.052 |
| AMD | Advanced Micro Devices Inc | S&P 500 | Technology | 382.44B | -2.97% | 0.052 |
| UI | Ubiquiti Inc | Barrons 400 | Technology | 43.26B | -7.60% | 0.048 |
| FN | Fabrinet | S&P 400 | Technology | 14.57B | -5.58% | 0.047 |
| PLTR | Palantir Technologies Inc | S&P 500 | Technology | 427.30B | -5.20% | 0.045 |
| CIEN | CIENA Corp | S&P 400 | Technology | 23.96B | -4.46% | 0.043 |
| STRL | Sterling Infrastructure Inc | Barrons 400 | Industrials | 10.58B | -7.71% | 0.043 |
| SSRM | SSR Mining Inc | Barrons 400 | Basic Materials | 4.38B | -16.94% | 0.041 |
| IESC | IES Holdings Inc | Barrons 400 | Industrials | 7.67B | -4.65% | 0.039 |
| ORCL | Oracle Corp | S&P 500 | Technology | 793.93B | -19.44% | 0.037 |
| LITE | Lumentum Holdings Inc | S&P 400 | Technology | 11.53B | -8.90% | 0.034 |
| KTOS | Kratos Defense & Security Solutions Inc | S&P 400 | Industrials | 14.89B | -21.66% | 0.034 |
| STOK | Stoke Therapeutics Inc | Barrons 400 | Healthcare | 1.88B | -11.28% | 0.031 |
| TTI | Tetra Technologies, Inc | Barrons 400 | Industrials | 1.00B | -3.41% | 0.03 |
| WDC | Western Digital Corp | S&P 500 | Technology | 41.49B | -11.92% | 0.03 |
| SATS | EchoStar Corp | S&P 400 | Communication Services | 21.37B | -13.01% | 0.029 |
| WLDN | Willdan Group Inc | Barrons 400 | Industrials | 1.42B | -19.96% | 0.028 |
| HL | Hecla Mining Co | Barrons 400 | Basic Materials | 8.52B | -17.68% | 0.027 |
| RDDT | Reddit Inc | Barrons 400 | Communication Services | 38.61B | -27.10% | 0.027 |
| MP | MP Materials Corporation | S&P 400 | Basic Materials | 13.53B | -23.79% | 0.026 |
| PSKY | Paramount Skydance Corp | S&P 500 | Communication Services | 17.95B | -19.17% | 0.024 |
| SBH | Sally Beauty Holdings Inc | Barrons 400 | Consumer Cyclical | 1.48B | -10.79% | 0.019 |
| PSIX | Power Solutions International Inc | Barrons 400 | Industrials | 1.91B | -31.89% | 0.017 |
| cash | Cash | Cash | Cash | – | - | 0.015 |
As always, more trades next week!