|Day Low/High||10.25 / 10.49|
|52 Wk Low/High||5.31 / 10.74|
We used market volatility this week to close one position and add to two others.
Good news may be a positive for the market once again.
It was a busy time of earnings reports for the model portfolio, as the market rose for the sixth straight week.
Datalink (Nasdaq: DTLK), a leading provider of data center infrastructure and services, today announced that it will present at the Canaccord Genuity 36 th Annual Growth Conference.
U.S. stocks reached a 5-week winning streak, but our model portfolio did not engage in any trades this week.
CalAtlantic and Datalink both reported quarterly wins overnight.
Datalink (Nasdaq: DTLK), a leading provider of IT services and solutions, today reported results for its second quarter and six months that ended June 30, 2016.
Stocks have gained for 4 consecutive weeks and remain overbought, as evidenced by our model portfolio’s 30% cash position.
Datalink (Nasdaq: DTLK), a leading provider of data center infrastructure and services, announced today that it will issue a news release on Thursday, July 28, 2016, at approximately 3:00 p.
With the market appearing overbought on a number of metrics, the model portfolio may favor booking profits.
Stocks rose for the week and June posted a better-than-expected jobs report, however, the model portfolio did not conduct any trades.
Although stocks rebounded during the week post-Brexit selling, we increased our positions in 3 of our model portfolio holdings.
Financials were among the hardest hit after the Brexit vote, prompting our model portfolio to add to our banking stocks.
With market weakness expected to continue to linger, our model portfolio considers it a potentially good time to buy.
We trimmed two positions in the model portfolio this week amid overall market strength.
With the probability of an interest rate hike at the June FOMC of just 4% and also lingering uncertainty about rising interest rates over coming weeks and months, we remain comfortable with the model portfolio.
Datalink (NASDAQ: DTLK) announced today that it has been named to the 2016 edition of the CRN Tech Elite 250, marking its appearance on the list every year since its inception in 2011.
U.S. shares advanced for the week, but we did not make any trades in our model portfolio. Next week, however, a plethora of economic data will be released.
U.S. stocks are approaching oversold levels for the first time in over a month, leaving us comfortable with an above-average 25% cash position in our model portfolio as we search for new names to add.
The stock appears cheap compared to other "mega-cap" tech names
U.S. stocks are approaching oversold levels for the first time in over a month, prompting our model portfolio to increase its position in Kratos Defense & Security.
More than half of the model portfolio reported earnings in a 48-hour stretch, but earnings season wraps up next week amid a quiet economic front.
Several names in the model portfolio experienced increased volatility, despite U.S. stocks posting just fractional losses this week and holding near record highs.
Datalink (Nasdaq: DTLK), a leading provider of IT services and solutions, today reported first quarter 2016 financial results.