Trade Alert For Equity and ETF Models
We have been waiting for a rally in the market to reduce equity exposure a bit further. Today’s rally was expected but remains very weak and may not stick. However, if we get some follow-through tomorrow and next week heading into the Fed meeting we will likely reduce equity exposure further.
- Sell 1% of Adobe (ADBE)
- Reduce Netflix (NFLX) by 1%
- Sell 2% of SPDR Technology ETF (XLK)
Lance Roberts is a Chief Portfolio Strategist/Economist for RIA Advisors. He is also the host of “The Lance Roberts Podcast” and Chief Editor of the “Real Investment Advice” website and author of “Real Investment Daily” blog and “Real Investment Report“. Follow Lance on Facebook, Twitter, Linked-In and YouTube
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