Portfolio Trade Alert – April 1, 2022

By Lance Roberts | April 1, 2022

Trade Alert For Equity & ETF Models

This morning we are selling 100% of JP Morgan (JPM) as higher rates, Fed tightening, and weaker consumption data suggest major retail banks may have some challenges ahead. We are holding on to Goldman Sachs for now and monitoring that position carefully. We are looking to add financial exposure in a non-bank area opportunistically. We are underweight equities, and with the market overbought short-term, we will wait for a pullback to increase exposures.

Equity Model

  • Sell 100% of JP Morgan Chase (JPM)

ETF Model

  • Reduce XLF by 1% of the portfolio

Talk with an Advisor & Planner Today!

lance_sig

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
Customer Relationship Summary (Form CRS)

> Back to All Posts