Dirac 2026 Portfolio Review: 5 June 2026

Launch Pad

With US Equities dropping 2.5% in the past week we’ll review the performance of the Dirac portfolio – that attempts to outperform the broader market by rotating between sectors within that market.

The analysis sheet for this portfolio currently looks like this:

with Buy recommendations for XLF (Financials), XLI (Industrials), XLK (Technology) and XLV (Health). XLI and XLF are new additions since last week’s review and adjustments look like this:

with XLI added to the portfolio.

The momentum/acceleration plots for XLI look like this:

where we see momentum (blue line) crossing above its 14-period Wilder Moving Average (brown line) on positive acceleration (green line).

At the time I checked the analysis sheet, earlier in the day, XLF was not showing a Buy recommendation, but looking at the charts at the end of the day:

we see a similar pattern. If this continues into next week I will be adding XLF to the portfolio.

Although technology (XLK) was hit hard this week:

it was not enough to generate a sell signal, so this ETF remains in the portfolio together with XLI and XLV.

Performance to date looks like this:

with the portfolio holding up better than the broader market as represented by SPY.