Trade Alert For Equity & ETF Models
The Energy market was extremely overbought as of the end of last year, but that reversed quickly at the beginning of this year as the rotation to beaten up Technology ensued. With many stocks in the energy sector deeply oversold, we are adding some exposure to gain dividend income for the portfolios.
Equity Model:
- Increase Devon Energy (DVN) to 1.25% of the portfolio.
- Add 1% of the portfolio to Conoco Phillips (COP)
ETF Model:
- Add 1% of the portfolio to the SPDR Energy ETF (XLE)
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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