Thanks but I'm going to try and stay away from any subjective analysis and keep it very strict and clear from a rules based point of view.
I've thought about it and I think a 25%/5 stock max and a 5%/1 stock min from any one sector is a good idea. The sectors are: BASIC MATERIALS CAPITAL GOODS CONGLOMERATES CONSUMER (CYC & NON-CYC) ENERGY FINANCIAL HEALTHCARE SERVICES TECHNOLOGY TRANSPORT UTILITIES
Here is the final Momo Index, it will be updated periodically. Longs The Mosaic Company MOS 151.25 Lindsay Corporation LNN 98.85 ABB Ltd (ADR) ABB 31.06 Central European Distribution CEDC 71.84 Auxilium Pharmaceuticals, Inc. AUXL 34.87 MasterCard Incorporated MA 292.6 Canadian Solar Inc. CSIQ 47.23 DryShips Inc. DRYS 82 TransAlta Corporation (USA) TAC 36.3 Mechel OAO (ADR) MTL 53.67 BPZ Resources, Inc. BZP 26.42 First Solar, Inc. FSLR 274.32 CF Industries Holdings, Inc. CF 162.16 Sohu.com Inc. SOHU 83.3 Potash Corp./Saskatchewan (USA) POT 233.01 Clayton Williams Energy, Inc. CWEI 111.66 Continental Resources, Inc. CLR 70.45 James River Coal Company JRCC 56.42 Shorts Smurfit-Stone Container Corporation SSCC 5.8 Centex Corporation CTX 15.63 Temple-Inland, Inc. TIN 13.24 Thomson (ADR) TMS 5.58 Tesoro Corporation TSO 21.21 Huntington Bancshares Incorporated HBAN 5.14 Biovail Corporation (USA) BVF 11.25 Chico's FAS, Inc. CHS 6.57 Qimonda AG (ADR) QI 4 UAL Corporation UAUA 8.11 PNM Resources, Inc. PNM 13.5 Fifth Third Bancorp FITB 9.75 Boyd Gaming Corporation BYD 15.73 AMR Corporation AMR 6.31 KeyCorp KEY 11.35 Rite Aid Corporation RAD 1.91 Mueller Water Products, Inc. MWA 7.52 Lehman Brothers Holdings Inc. LEH 24.46 Delta Air Lines, Inc. DAL 6.38 Wachovia Corporation WB 17.77
The original index is up 16.26 percent since lunch last wednesday. Longs Alpha Natural Resources, Inc. 1.75 Continental Resources, Inc. 1.09 Ener1, Inc. -0.49 Gran Tierra Energy Inc. -1.97 Mechel OAO (ADR) -3.1 Pyramid Oil Company 79.79 Questcor Pharmaceuticals, Inc. -3 The Mosaic Company -1.81 Vision-Sciences, Inc. -17.84 6.05% Shorts Ambac Financial Group, Inc. 16.59 Downey Financial Corp. 34.22 IndyMac Bancorp, Inc. 11.03 MoneyGram International, Inc. 15.56 R.H. Donnelley Corporation 15.4 Radian Group Inc. 36.51 The PMI Group, Inc. 29.27 Thornburg Mortgage, Inc. 67.14 WCI Communities, Inc. 12.64 26.48% Total 16.26%
The focus is however on the final momo index which was put together after thursday's close. In two sessions it is up 2.92%. Longs The Mosaic Company -0.38 Lindsay Corporation 1.05 ABB Ltd (ADR) -1.71 Central European Distribution 1.34 Auxilium Pharmaceuticals, Inc. 0.06 MasterCard Incorporated -3.44 Canadian Solar Inc. -0.04 DryShips Inc. -6.02 TransAlta Corporation (USA) -1.38 Mechel OAO (ADR) -7.34 BPZ Resources, Inc. -0.34 First Solar, Inc. 4.99 CF Industries Holdings, Inc. 3.82 Sohu.com Inc. -8.97 Potash Corp./Saskatchewan (USA) 1.39 Clayton Williams Energy, Inc. 3.94 Continental Resources, Inc. 2.48 James River Coal Company 10.14 -0.02% Shorts Smurfit-Stone Container Corporation 10 Centex Corporation 9.79 Temple-Inland, Inc. 6.42 Thomson (ADR) 1.43 Tesoro Corporation 2.26 Huntington Bancshares Incorporated -12.84 Biovail Corporation (USA) 5.69 Chico's FAS, Inc. 8.83 Qimonda AG (ADR) 5 UAL Corporation 24.91 PNM Resources, Inc. 8.07 Fifth Third Bancorp -3.08 Boyd Gaming Corporation 12.65 AMR Corporation 9.19 KeyCorp 3.08 Rite Aid Corporation 3.14 Mueller Water Products, Inc. -10.37 Lehman Brothers Holdings Inc. 6.79 Delta Air Lines, Inc. 21.63 Wachovia Corporation 4.78 5.87 Total 2.92%