Are we seeing Industrials start the heavy lifting?
Week 52 - Weekly Equity Update
What uncouth society has people working on the greatest day of the year! Here in the UK Xmas Eve is just what you have to get through to get to Christmas, at least in our family. Christmas is here there and everywhere visiting family, controlled by the ever-present turkey time. Boxing day. You jewel of a day. No demands on time presents are all done now you can go out and break your leg on your new rollerblades (looking at you Xmas 1996). No, the SEC states “stock market cannot be closed for more than 3 consecutive days..” blah blah blah
As we close out the year if you were hedged more than 20% of the time you lost. For today it doesn’t look any different.
The reduction of financials from last week continues again Industrials look to be the winner from that rotation. Utilities is now an underweight.
Removals : ALL AIZ UNH T WELL CNC MOH GL NKE WDC XEL HIG FDX SO IBM
Additions : META RHI INTC MLM MPWR TFC NTAP AMD GWW NOW OMC FFIV FDS NDAQ LHX
Positions we have closed in December.
Half Positions sizes : NOW AAPL EA
