This is an update to last month's model portfolio report, "21 Stocks For July 2016."
Below are the latest rebalancing actions for the theoretical model portfolio that rebalances monthly. A full report will follow later in the week.
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in OR SHORT POSITIONS IN ANY STOCK MENTIONED IN THIS REPORT over the next 72 hours.
Additional disclosure: There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money. We do our best to provide accurate information but we do not guarantee the accuracy of information in this report.