CW05

This week, we executed 9 new trades, including 2 buy(s) and 7 sell(s).

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 05.

This week was uneventful in terms of trading - no new buys or sells.

Click here for the Momentum Ranking of week 05.

In this week, there were no new trades, only some rebalancing.

Click here for the Momentum Ranking of week 05.

January was a weak month for the Trade Tuesday Momentum Portfolio as it was down 10%, worse than the S&P 500. Today the S&P 500 is back above the 200 day moving average, so new buys are again allowed per the strategy.

Click here for the Momentum Ranking of week 05.

It’s the first week of February and this means it’s time for another rebalancing. There were quite a few trades to do this week.

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Ranking for CW06 / 2020 / Preview.

The portfolio remains nearly fully invested. Today is the first Tuesday of February, so a rebalancing is due.

• Sold (no longer in Top 20%):

  • ABBV (AbbVie Inc. (S&P 500))

• Rebalancing (reduced):

  • ALGN (Align Technology (S&P 500))
  • AMD (Advanced Micro Devices Inc (S&P 500))

Ranking for CW05 / 2020 / Preview.

The S&P 500 is still well above its 200 day moving average, so the market signal continues to be green and we are allowed to buy new positions.

• Sold (no longer in Top 20%):

  • LEG (Leggett & Platt, Incorporated)
  • SHOO (Steven Madden, Ltd.)

• Bought

  • LITE (Lumentum Holdings Inc.)
  • TTD (The Trade Desk, Inc.)
  • CNC (Centene Corporation)