We have rebalanced the Nasdaq Inovestor Canadian Index based on our Stockpointer® Canada model portfolio. These trades are effective as of Friday, July 15 after market close.
Here are the details of the trades:
Ins:
- Canadian Natural Resources Ltd (CNQ) – Market Trend. Increase in the Energy sector as shown by the Top 100 index, therefore, increasing our position in the portfolio.
Outs:
- Leon’s Furniture Ltd. (LNF) – Market Trend. Decrease in the Consumer Discretionary sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio.