We have rebalanced our Stockpointer® US model portfolio. The trades are effective as of Monday, May 15 after market close.
Here are the details of the trades:
In:
- Vector Group Ltd (VGR) – Market Trend. Increase in the Consumer Staples sector as shown by the Top 100 index, therefore, increasing our position in the portfolio.
- BancFirst Corp (BANF) – Market Trend. Increase in the Financial sector.
- Cigna Group (CI) – In the top of the Financial sector.
Out:
- Regeneron Pharmaceuticals Inc (REGN) – Market Trend. Decrease in the Health Care sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio.
- HP Inc. (HPQ) – Market Trend. Decrease in the Information Technology sector.
- Fidelity National Financial (FNF) – No longer in the top of the Financial sector.
