The summary
Approach: Fully in stocks
Positions: 10
Added: 3
Removed: 3
Cash: 0.0%
The setup
Fully invested again this week without holding any cash back. When looking at the overall market we measure we see that about 60% of stocks are holding above their long term trend while the index closed last Friday above its 50-day & 200-day average which is a positive sign for the system.
The shift we did see is the running count of stocks advancing or declining start to stabilize last week which means there are relatively less positions driving the overall market and the system will continue to assess that every week to determine its stance.
When looking at the stock selection we see that three names were added, three removed and the rest adjusted in size this week. This is due to the shift in factors where more weight has been added to quality while pulling back from momentum. Growth, sentiment and value trends stay consistent. But as usual on Mondays, we go through the same process.
Below the line is the table which lists all the positions, their weights and stops. It is the same list I put my own money into at this morning’s open. It costs $39 a month, or $350 a year to receive it in your inbox every Monday morning before the market opens.
The portfolio
What changed:
Removed: EXPE, MPC, EOG
Added: CIEN, STLD, ALB
How I place the week:
I’ve got a post up with the full order I do on Monday that covers the four steps I use to adjust the portfolio every week (How a Monday works).
When placing your own order there are two things to remember: The weights in the table are the percentage of your total portfolio. So for example, 30.0% in a $10,000 portfolio would be a market order of $3,000. The stop value in the table is the dollar amount and it is good for the rest of the week, but will be replaced on the next Monday.
Disclaimer
Lionshare is a publication and not financial advice. It’s what the system is doing with my own money that I share and you make your own decisions. I own positions in the securities mentioned and may also trade them before or after publication. My positions may change and not be updated in this publication. No one paid me to mention any security. Please note that past performance is not indicative of future returns.
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