This week, we did 4 new trades: 2 buys and 2 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 34.
This week in the markets certainly kept us on our toes! With the S&P 500 maintaining its stance above the 200-day moving average for 93 days straight, we’re still mostly invested in equities, with a cash position of 2.7%, reflecting a nearly full investment. The market environment remains challenging as we’ve seen some of our holdings slip into the red. For instance, Advanced Micro Devices (AMD) hasn’t been performing as well as we’d hoped.
This week, we welcomed Nutanix (NTNX) and PBF Energy (PBF) to our portfolio. NTNX is a company that focuses on cloud computing and enterprise virtualization, while PBF is in the refining sector, dealing with petroleum products. On the selling side, we decided to part ways with Hims & Hers Health, Inc. (HIMS) and Middleby Corporation (MIDD), both at a loss, as they dropped out of our top 10%. Alongside these, we added to our existing position in Molina Healthcare (MOH) and made reductions to Carpenter Technology (CRS), Illumina Inc. (ILMN), UnitedHealth Group (UNH), and Vornado Realty Trust (VNO).
Technology remains our top-performing sector, often seen as the engine driving growth in many portfolios. It’s no surprise that companies like Hewlett Packard Enterprise (HPE) and NetApp (NTAP) have been among our top performers this week. On the other hand, CRS and VNO didn’t fare as well. As for our top holdings, we’ve retained positions in PK, ATI, and NTNX. This week, our portfolio achieved a weekly return of 1.06%, a notable difference compared to the SPY’s decline of 0.72%. Our model continues to favor top-ranked stocks like Dell Technologies (DELL), Palo Alto Networks (PANW), Okta (OKTA), and Qualys (QLYS), even though they aren’t currently held.
We’d love to hear your thoughts on our trading strategy or your market insights 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 400 sector.
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 |
|---|---|---|---|---|---|---|
| PK | Park Hotels & Resorts Inc | S&P 400 | Real Estate | 3.11B | -0.36% | 0.076 |
| ATI | ATI Inc | S&P 400 | Industrials | 30.71B | -7.42% | 0.065 |
| NTNX | Nutanix Inc | S&P 400 | Technology | 17.88B | -19.73% | 0.059 |
| PANW | Palo Alto Networks Inc | S&P 500 | Technology | 304.62B | -6.30% | 0.055 |
| HPE | Hewlett Packard Enterprise Co | S&P 500 | Technology | 73.73B | -13.34% | 0.052 |
| CNC | Centene Corp | S&P 500 | Healthcare | 32.42B | -5.39% | 0.052 |
| NTAP | Netapp Inc | S&P 500 | Technology | 40.42B | -1.48% | 0.052 |
| AVTR | Avantor Inc | S&P 400 | Healthcare | 9.10B | -15.55% | 0.05 |
| FTNT | Fortinet Inc | S&P 500 | Technology | 116.28B | -7.91% | 0.047 |
| MOH | Molina Healthcare Inc | S&P 400 | Healthcare | 10.76B | -15.81% | 0.047 |
| SN | SharkNinja Inc | S&P 400 | Consumer Cyclical | 25.57B | -5.09% | 0.045 |
| OKTA | Okta Inc | S&P 400 | Technology | 25.33B | -7.18% | 0.042 |
| PBF | PBF Energy Inc | S&P 400 | Energy | 8.82B | -1.67% | 0.039 |
| QLYS | Qualys Inc | S&P 400 | Technology | 6.50B | -6.74% | 0.038 |
| HUM | Humana Inc | S&P 500 | Healthcare | 46.07B | -10.55% | 0.037 |
| DELL | Dell Technologies Inc | S&P 500 | Technology | 303.50B | -8.92% | 0.035 |
| UNH | Unitedhealth Group Inc | S&P 500 | Healthcare | 355.72B | -14.15% | 0.034 |
| CVS | CVS Health Corp | S&P 500 | Healthcare | 121.34B | -14.28% | 0.033 |
| VNO | Vornado Realty Trust | S&P 400 | Real Estate | 7.70B | -12.75% | 0.032 |
| cash | Cash | Cash | Cash | – | - | 0.027 |
| ILMN | Illumina Inc | S&P 400 | Healthcare | 28.39B | -9.19% | 0.026 |
| CRS | Carpenter Technology Corp | S&P 400 | Industrials | 26.02B | -16.11% | 0.02 |
| AMD | Advanced Micro Devices Inc | S&P 500 | Technology | 785.29B | -17.73% | 0.018 |
| CRWD | Crowdstrike Holdings Inc | S&P 500 | Technology | 217.22B | -6.23% | 0.018 |
As always, more trades next week!
See also
- Week 33 Momentum: New Picks Include NTAP, OKTA, QLYS (33 / 2026)
- Week 32: Shifts in MIDD, CNC, and Healthcare Strategy (32 / 2026)
- Week 31 Trades: Exiting Chips, Embracing Healthcare with CVS, MOH (31 / 2026)
- Week 30: Bought BTSG, VNO; Sold FIX, GLW, MTSI (30 / 2026)
- Week 29 Strategy Update: Momentum Shifts in DDOG and PANW (29 / 2026)