We have adjusted our recommended sector allocations this month. The following reflects our guidance for the calendar third quarter of 2021. We have raised the Consumer Staples and Utilities sectors to Market-Weight from Under-Weight. We have also lowered the Consumer Discretionary and Energy sectors to Under-Weight from recommended Market-Weight. The rebalancing process takes place four times a year, early in the months of March, June, September, and December. Our current Over-Weight sectors are Technology, Healthcare, Financial Services, Industrial, and Communication Services. Our current Market-Weight sectors are Consumer Staples, Utilities, Real Estate, and Basic Materials. Our Under-Weight sectors are Energy and Consumer Discretionary. Argus suggests that advisors and investors leverage this consistent and comprehensive process to tweak weightings within their balanced equity portfolios.