Model Portfolio

StockPointer® US Portfolio Transactions – May 2022

We have rebalanced our Stockpointer® US model portfolio. The trades are effective as of Friday, May 13 after market close.
Here are the details of the trades:

Ins:

  1. Nexstar Media Group Inc (NXST)– Market Trend. Increase in the Consumer Discretionary sector as shown by the Top 100 index, therefore, increasing our position in the portfolio.
  2. Best Buy Co Inc (BBY) – Market Trend. Increase in the Consumer Discretionary sector
  3. Meta Platforms Inc (FB) – Market Trend. Increase in the Information Technology sector

Outs:

  1. Philip Morris International Inc. (PM) – Market Trend. Decrease in the Consumer Staple sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio.
  2. Verizon Communications Inc. (VZ) – Market Trend. Decrease in the Telecommunication sector.
  3. Exxon Mobil Corp (XOM) – Market Trend. Decrease in the Energy sector.