Time for another dose of my industry ranks. Here’s the list, complete with the ideas that are most attractive for me to investigate:
Remember, this uses the Value Line Industries, and it can be used in Value mode (green industries), or Momo mode (Red industries) I look to buy from the green list, but I have a tendency to let companies that I own that are on the red list hang around. Momentum tends to persist in the short run, and I have usually trimmed exposure due to my rebalancing discipline.
My next reshaping is not until early July, but I expect that it will be a doozy, because I will redeploy proceeds from National Atlantic, as well as a new slug of cash that I have received. I’m running at 12% cash now, but if you count in National Atlantic, it is more like 18%. That has to come down, so in a month or so, I will have to deploy cash. I’m looking for a downdraft to do it in, but those don’t always come on schedule.
Full disclosure: long NAHC
