We have rebalanced our Stockpointer® US model portfolio. These trades are effective as of Friday, May 15 after market close.
Here are the details of the trades:
Outs:
- Home Depot Inc (HD)– Market Trend. Decrease in the Consumer Discretionary sector as shown by the Top 100 index, therefore, decreasing our position in the portfolio. The company had the lower SP score in this sector
- Delek Logistics Partners LP (DKL)– Intra-sectorial transaction. The company SP score was no longer in the top of its sector.
Ins:
- Jack Henry & Associates Inc (JKHY)– Market Trend. Increase in the Information Technology sector as shown by the Top 100 index, therefore, increasing our position in the portfolio. The company is in the top of its sector.
- EOG Resources Inc (EOG)– Intra-sectorial transaction. The company is in the top of its sector.
