There is a change to the DWA Sector Stock Model.
As a result of trading on 5/8/18, there was a change to the DWA Sector Stock Model STOCKMODEL. Note, in order to be able to view this model on the platform, you will need the matrix subscription. The change was within the Internet Sector Portfolio where Mercadolibre, Inc. MELI was removed because it's relative strength deteriorated enough in the matrix to warrant its removal. In it's place, the model added Autohome Inc. ATHM; ATHM. The stock broke a triple top in Tuesday's trading and bullish price objective of $116 suggests that there is potential for additional upside from here. Through the close on 5/8, the STOCKMODEL has gained 12.98% on the year, while the S&P 500 Index SPX is flat, down -0.06%.
