We have rebalanced our Stockpointer® US model portfolio. The trades are effective as of Tuesday, November 15 after market close.
Here are the details of the trades:
- Texas Instruments Incorporated (TXN) – Market Trend. Increase in the Information Technology sector as shown by the Top 100 index, therefore, increasing our position in the portfolio.
- Penske Automotive Group, Inc. (PAG) – Market Trend. Decrease in the Consumer Discretionary sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio. The company was also no longer in the top of its sector.