CL
21 posts
The portfolio might better be called the Stock Market Darwinism model as I seek only top dogs for inclusion.
Rising jobless claims could threaten cyclical stock sectors. One contrary indicator, though, is that several Covestor managers recently bought retail stocks.
There is a backup list of screened stocks ready to be subbed into the Sustained Momentum model should any of the current investments start to falter.
Preserving assets was the goal in June, which led to swapping out more stocks than usual in a tough tape, says investment manager Bob Freedland.
PetSmart (PETM) remains strong as Americans resist cutting back their purchases for Fido during any recession.