Stock Consideration Change Report: U.S.
SELL consideration grows to 27%, Hold down to 58%, BUY consideration drops to 11%.
Stock Fair Value Report: U.S.: Update
Capital One, Johnson & Johnson, JB Hunt, Old Dominion, Opus Bank, P&G, ProLogis, State Street, TE Connectivity and TI all receive increases. Faro Technologies, Halliburton, Northwest Bancshares, Regeneron Pharm, REX American all move down.
Markets: Snap Shot: Tuesday, 23 January 2018
In the U.S. LargeCap stocks have taken a slight lead which is somewhat comforting given that they are the category that is the closest to 100.0 Fv at 118.4 Fv. Both, MidCap and SmallCap are not far behind with gains of 4.14% and 4.23%, respectively. It would be comforting if MidCap would slow down a bit as the category is overvalued at 135.0 Fv. It has come back closer to fair value recently, but remains overvalued for now. Previously, MidCap had reached 136.2 Fv.
Portfolio: U.S. Stock Only
Noble, Occidental Petroleum, NetApp out of portfolio. Gilead Sciences added to current position. Allergan and Scana new to portfolio. Sectors weights improved as a result of today’s changes. Financials were reduced by 0.6 percentage points thereby reducing the overweight condition. The same is true for Information Technology. The earlier underweight condition in Health Care was also improved by adding 2.1 points to the overall allocation. The sector is now within 0.2 points of the target allocation. Utilities also improved by reducing the earlier underweight position by 0.8 points and now the allocation is within 0.1 points.
Portfolio: Global Index
Financials reduced by 0.7 percentage points, Consumer Staples increased by 0.5 points, Telecomm increased by 0.3 points and Utilities reduced by 0.2 points.