During the past week, we made 4 new trades — 2 buys and 2 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 36 and stay up-to-date on the top performers.
This week in the markets, our momentum investing approach is showing promising results. Leveraging the Stocks on the Move ranking, our portfolio continues to operate under favorable conditions, as the S&P 500 has maintained its position above the 200-day moving average for 103 days. We’re almost fully invested with just 1.1% in cash reserves. Though we lost 3% in August while the S&P 500 gained 2.6%, our yearly performance remains strong with a solid 24% uptick.
In our recent weekly momentum trades, we’ve welcomed BAX, a healthcare product manufacturer, and ELF, known for its affordable cosmetic products, to our portfolio. These additions reflect the current momentum within their sectors. On the other hand, we parted ways with AMD, a well-known semiconductor company, and CNC, a health insurance provider, mainly due to their declining rankings and performance against our criteria.
This week, we added to our existing positions in HAE, a company focused on blood technology solutions, HUM, involved in healthcare services, and OKTA, a key player in cybersecurity. Conversely, we trimmed our holdings in ATI, a materials science company, NTAP, known for its data management solutions, and VNO, a real estate investment trust.
Technology continues to lead our top sector focus, with companies like OKTA and CRWD showcasing strong momentum. It’s a classic driver of growth within any diversified portfolio, though not our sole focus. Meanwhile, our current top holdings include PK, a hospitality real estate company, SN, which is involved in oil and gas exploration, and HAE. Highlighting this week’s standout performers, OKTA surged by 28.0%, while CRWD and FTNT trailed closely with gains of 20.3% and 11.3%, respectively. On the downside, HAE fell by 5.3%, NTAP dipped 3.6%, and PK declined 3.0%.
We finished the week with a clear +3.0 percentage points advantage over the S&P 500’s performance. Our model is currently favoring stocks like QLYS, AVTR, PBF, PANW, which we don’t yet hold but are keeping a close eye on. Let us know your thoughts and insights in the comments—how are your trades tracking this week?
This week’s transactions:
Index Distribution:
Most of our holdings are from the S&P 400 index right now.
Current portfolio allocation:
Right now, we’ve got a big chunk of our portfolio in the Technology sector.
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 | 3.10B | -4.84% | 0.078 |
| SN | SharkNinja Inc | S&P 400 | Consumer Cyclical | 25.00B | -8.79% | 0.066 |
| HAE | Haemonetics Corp | S&P 400 | Healthcare | 4.66B | -6.49% | 0.064 |
| NTNX | Nutanix Inc | S&P 400 | Technology | 18.00B | -19.21% | 0.062 |
| BAX | Baxter International Inc | S&P 500 | Healthcare | 13.42B | -13.48% | 0.06 |
| CRL | Charles River Laboratories International Inc | S&P 500 | Healthcare | 13.54B | -6.52% | 0.056 |
| HUM | Humana Inc | S&P 500 | Healthcare | 47.02B | -8.69% | 0.056 |
| PANW | Palo Alto Networks Inc | S&P 500 | Technology | 292.96B | -9.88% | 0.056 |
| AVTR | Avantor Inc | S&P 400 | Healthcare | 9.73B | -9.70% | 0.055 |
| FTNT | Fortinet Inc | S&P 500 | Technology | 118.76B | -6.92% | 0.052 |
| ILMN | Illumina Inc | S&P 400 | Healthcare | 31.42B | -10.24% | 0.05 |
| HPE | Hewlett Packard Enterprise Co | S&P 500 | Technology | 66.92B | -21.34% | 0.048 |
| QLYS | Qualys Inc | S&P 400 | Technology | 6.18B | -11.38% | 0.039 |
| PBF | PBF Energy Inc | S&P 400 | Energy | 8.92B | -0.62% | 0.038 |
| OKTA | Okta Inc | S&P 400 | Technology | 28.71B | -6.08% | 0.038 |
| ELF | e.l.f. Beauty Inc | S&P 400 | Consumer Defensive | 6.36B | -28.63% | 0.036 |
| DELL | Dell Technologies Inc | S&P 500 | Technology | 280.73B | -15.75% | 0.033 |
| VNO | Vornado Realty Trust | S&P 400 | Real Estate | 7.49B | -15.07% | 0.032 |
| NTAP | Netapp Inc | S&P 500 | Technology | 35.33B | -13.87% | 0.025 |
| ATI | ATI Inc | S&P 400 | Industrials | 27.44B | -17.27% | 0.022 |
| CRWD | Crowdstrike Holdings Inc | S&P 500 | Technology | 220.22B | -8.04% | 0.02 |
| cash | Cash | Cash | Cash | – | - | 0.011 |
As always, more trades next week!
See also
- Week 34: Added NTNX, PBF; Exited HIMS, MIDD (34 / 2026)
- 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)