Week 21: Buying DELL, Selling MRNA in Momentum Strategy (21 / 2026)

Market Signal: Green

This week, we engaged in 2 new trades, with 1 buy and 1 sell.

Get ahead of the game with our weekly Momentum Ranking report! Click here to see the top stocks for week 21.

Ranking

Disclaimer

This Week in Momentum Investing

Hello fellow investors! This week, our trading approach, based on the momentum ranking strategy detailed in Andreas Clenow’s ‘Stocks On The Move’, guided a few considered adjustments to our holdings. We’ve observed the market, with the S&P 500 staying above its 200-day moving average for 31 days, indicating a favorable climate for maintaining current positions and initiating new buys. With a cash share of 24.3%, we’re comfortably holding reserves, allowing us to be selective with our investments.

In terms of trades, we initiated a new position in Dell Technologies (DELL), a prominent player in the technology sector known for its PC and server products. This move aligns with our strategy to build momentum in tech shares. On the other side, we sold Moderna (MRNA), as it fell out of our top momentum rankings, necessitating an exit. Our allocation also saw us adding to our existing position in Valaris (VAL), strengthening our commitment to well-performing stocks. Meanwhile, we reduced positions in some stocks: Applied Materials (AMAT), Allegheny Technologies (ATI), Ciena (CIEN), Dow Inc. (DOW), Comfort Systems (FIX), Corning (GLW), Keysight Technologies (KEYS), MasTec (MTZ), Seagate Technology (STX), TTM Technologies (TTMI), and Western Digital (WDC).

Portfolio Insights

Technology took the lead as our top sector once more, highlighting its typical role as a growth driver in any robust portfolio. Notable names in this sector from our rankings include Apple (AAPL) and AAON (AAON). Our top holdings, comprising cash, M/A-Com Technology Solutions (MTSI), and VAL, reflect a prudent yet agile approach to portfolio management. When looking at returns, our portfolio outperformed the SPY, delivering a positive 0.6% return against the SPY’s decline of 0.62%. Our top performers were VAL (+19.4%), APA (+12.9%), and CHRD (+9.6%), while DOCN (-10.1%), MTZ (-6.9%), and MKSI (-5.6%) lagged behind. The model continues to favor top-ranked stocks like A, AA, AAL, AAON, and AAPL.

Join the conversation: What are your thoughts about the adjustments made this week? Share your insights and strategies in the comments below!

This week’s transactions:

  • Sold:

  • Bought:

    DELL stock price by TradingView

  • Rebalanced / added:

  • Rebalanced / reduced:



Index Distribution:

Our portfolio is currently dominated by stocks from the S&P 400 index.



Current portfolio allocation:

At the moment, the largest slice of our portfolio is coming from the Technology sector.



Weekly sector distribution:



Current portfolio (@finviz):

Symbol Name Index Sector MC Dist to 52w High pct
cash Cash Cash Cash – - 0.243
MTSI MACOM Technology Solutions Holdings Inc S&P 400 Technology 27.09B -11.50% 0.068
VAL Valaris Ltd S&P 400 Energy 7.74B -2.09% 0.06
ROIV Roivant Sciences Ltd S&P 400 Healthcare 20.21B -6.89% 0.057
DAR Darling Ingredients Inc S&P 400 Consumer Defensive 9.49B -9.57% 0.046
APA APA Corp S&P 500 Energy 14.46B -10.44% 0.044
CHRD Chord Energy Corp S&P 400 Energy 8.43B -1.48% 0.039
DELL Dell Technologies Inc S&P 500 Technology 154.15B -10.50% 0.038
MKSI MKS Inc S&P 400 Technology 19.73B -10.60% 0.037
CIEN CIENA Corp S&P 500 Utilities 75.99B -10.26% 0.033
ATI ATI Inc S&P 400 Industrials 20.46B -12.39% 0.03
KEYS Keysight Technologies Inc S&P 500 Technology 58.98B -7.10% 0.029
DOCN DigitalOcean Holdings Inc S&P 400 Technology 15.55B -9.56% 0.028
LRCX Lam Research Corp S&P 500 Technology 340.47B -9.85% 0.026
AMAT Applied Materials Inc S&P 500 Technology 322.73B -9.32% 0.026
MTZ Mastec Inc S&P 400 Industrials 30.35B -13.00% 0.024
WDC Western Digital Corp S&P 500 Technology 156.96B -13.29% 0.024
STX Seagate Technology Holdings Plc S&P 500 Technology 164.13B -12.99% 0.023
DOW Dow Inc S&P 500 Basic Materials 27.15B -11.86% 0.023
TTMI TTM Technologies Inc S&P 400 Technology 16.65B -10.92% 0.02
FIX Comfort Systems USA Inc S&P 500 Consumer Cyclical 64.34B -11.87% 0.02
GLW Corning Inc S&P 500 Technology 151.07B -17.12% 0.019
LYB LyondellBasell Industries NV S&P 500 Basic Materials 23.57B -13.01% 0.019
COHR Coherent Corp S&P 500 Healthcare 68.82B -14.82% 0.015
LITE Lumentum Holdings Inc S&P 500 Utilities 68.81B -18.53% 0.009

As always, more trades next week!

CW21  2026 

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