A neutral tape, so I took home just one honest B-grade
Only one name made it into my basket today: Procter & Gamble. The macro regime reads neutral, the tape isn't leaning either way, and I'm not the type to swing big on days like this. The names I already hold stay as they are. No selling, no adding.
Not flashy, but no blank squares
Here is Procter & Gamble's report card.
| Item | Score |
|---|---|
| Overall | 56.0 (Grade B) |
| Technical flow | 60 |
| Market sentiment | 65 |
| Fundamentals, valuation, catalyst | 50 each |
| Risk | 40 |
A 56.0 overall, Grade B, means it isn't startlingly cheap or strong, but it has no hole in it either. Flow (60) and sentiment (65) run slightly ahead, and the other three sit at a plain 50. A risk score of 40 isn't high, so I figured it was fine to tuck this one away quietly. I wasn't chasing a jackpot. I filled a spot that doesn't wobble much.
Two names still standing at the door
Palo Alto Networks and NextEra Energy stay on the watchlist only. With what I have today, the case for either didn't climb high enough to reach my basket. When I look again, the first things I'll check are whether the overall grade moves a step above Procter & Gamble's B, and whether the risk score comes in below 40. Once both are met, my mind leans toward buying.
Boiled down: one new member joins the portfolio and the old ones stay put. In a neutral regime I'd rather move only as far as the scores tell me than shake things up for the sake of it. How far Procter & Gamble climbs past B, I'll pick up in the next entry.