The week’s activity resulted in 5 new trades — 2 buys and 3 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 30 and stay up-to-date on the top performers.
This week in the market, the S&P 500 has been above its 200-day moving average for 73 days. This supports our strategy based on momentum rankings—taking a page from Andreas Clenow’s ‘Stocks on the Move’. We’re currently almost fully invested, as reflected in our low cash share of 0.9%. The market seems a bit rocky, with July presenting challenges, particularly for AI and semiconductor stocks, which could be influencing overall sentiment.
Our portfolio sees some changes this week. We’ve initiated new buys in BTSG and VNO. BTSG, focused on the tech sector, brings innovative digital infrastructures to our lineup. Meanwhile, VNO, operating in real estate, adds a fresh angle to our investment mosaic. On the other hand, we decided to sell FIX, GLW, and MTSI, as these stocks are no longer fitting within the top ranks of our model’s momentum adjustments. Additionally, we added to our existing position in ATI.
Healthcare stands out as the prominent sector in our portfolio, often acting as a stabilizing force during market volatility. With companies like UnitedHealth (UNH), DaVita (DVA), and Humana (HUM) in our top holdings, we maintain a balanced exposure to this essential segment. PANW and DDOG were our top performers, experiencing gains of 7.0% and 2.2%, respectively. However, some stocks like WDC and AMAT didn’t fare as well, noting significant declines. Comparing our portfolio’s weekly return of -3.39% to the SPY’s -0.85% reveals the challenges faced this period. As we look ahead, our model currently favors momentum leaders like DELL, MU, AMD, HUM, and INTC, hinting at potential future adjustments.
We’d love to hear your thoughts and experiences from this week’s market journey. Feel free to share in the comments!
This week’s transactions:
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Sold:
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Bought:
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Rebalanced / added:
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Rebalanced / reduced:
- No positions were reduced in this week!
Index Distribution:
Our biggest stock holdings at the moment are in the S&P 500 category.
Current portfolio allocation:
Our portfolio is heavily invested in the Healthcare sector right now.
Weekly sector distribution:
Current portfolio (@finviz):
| Symbol | Name | Index | Sector | MC | Dist to 52w High | pct |
|---|---|---|---|---|---|---|
| UNH | Unitedhealth Group Inc | S&P 500 | Healthcare | 395.45B | -5.67% | 0.086 |
| DVA | DaVita Inc | S&P 500 | Healthcare | 15.25B | -0.90% | 0.079 |
| HUM | Humana Inc | S&P 500 | Healthcare | 48.74B | -5.34% | 0.076 |
| CNC | Centene Corp | S&P 500 | Healthcare | 33.31B | -2.73% | 0.068 |
| BTSG | BrightSpring Health Services Inc | S&P 400 | Healthcare | 14.32B | -0.61% | 0.06 |
| FTNT | Fortinet Inc | S&P 500 | Technology | 115.46B | -7.49% | 0.06 |
| NVT | nVent Electric plc | S&P 400 | Industrials | 26.00B | -12.91% | 0.049 |
| ATI | ATI Inc | S&P 400 | Industrials | 26.87B | -4.11% | 0.048 |
| PANW | Palo Alto Networks Inc | S&P 500 | Technology | 279.29B | -7.08% | 0.047 |
| BRKR | Bruker Corp | S&P 400 | Healthcare | 9.18B | -6.60% | 0.046 |
| VNO | Vornado Realty Trust | S&P 400 | Real Estate | 8.17B | -8.09% | 0.045 |
| DDOG | Datadog Inc | S&P 500 | Technology | 90.67B | -8.60% | 0.042 |
| HPE | Hewlett Packard Enterprise Co | S&P 500 | Technology | 61.91B | -27.24% | 0.038 |
| AMAT | Applied Materials Inc | S&P 500 | Technology | 449.89B | -23.39% | 0.036 |
| MKSI | MKS Inc | S&P 400 | Technology | 23.44B | -22.46% | 0.033 |
| LRCX | Lam Research Corp | S&P 500 | Technology | 404.62B | -26.21% | 0.031 |
| DELL | Dell Technologies Inc | S&P 500 | Technology | 261.15B | -14.19% | 0.026 |
| SNX | TD Synnex Corp | S&P 400 | Technology | 19.89B | -16.11% | 0.022 |
| HIMS | Hims & Hers Health Inc | S&P 400 | Healthcare | 7.57B | -53.53% | 0.021 |
| AMD | Advanced Micro Devices Inc | S&P 500 | Technology | 884.30B | -7.25% | 0.017 |
| DOCN | DigitalOcean Holdings Inc | S&P 400 | Technology | 14.17B | -27.59% | 0.016 |
| INTC | Intel Corp | S&P 500 | Technology | 532.91B | -25.51% | 0.015 |
| FLEX | Flex Ltd | S&P 500 | Industrials | 46.74B | -23.54% | 0.012 |
| WDC | Western Digital Corp | S&P 500 | Technology | 188.50B | -31.63% | 0.011 |
| STX | Seagate Technology Holdings Plc | S&P 500 | Technology | 201.03B | -21.70% | 0.009 |
| cash | Cash | Cash | Cash | – | - | 0.009 |
As always, more trades next week!
See also
- Week 29 Strategy Update: Momentum Shifts in DDOG and PANW (29 / 2026)
- Week 28: Strategic Moves with BRKR, FTNT, HIMS, UNH (28 / 2026)
- Trade Tuesday Momentum in Week 27: ON Exit, CIEN and TTMI Additions (27 / 2026)
- Trade Tuesday: Week 26 Sees ON, SITM Buys; CHRD Sold (26 / 2026)
- Week 25: Tech Stocks Soar as AMD and INTC Join Portfolio (25 / 2026)