Trade Alert – Equity & ETF Model
We are continuing our process of derisking portfolios by rebalancing positions back to their target weights. This process reduces current position sizes and raises cash, which will help alleviate portfolio deterioration during a market correction.
In the Equity Model, we are reducing the weight of the following positions.
Amazon (AMZN), Ely Lilly (LLY), Google (GOOG), Apple (AAPL), Diamond Back Energy (FANG), Palo Alto Networks (PANW), Walmart (WMT), and United Technologies (RTX)
In the ETF Model, we are reducing the weight of the Technology sector ETF (XLK) and the Financial sector ETF (XLF).
Equity Model
- Reduce to target portfolio weights – AMZN, LLY, GOOG, AAPL, FANG, PANW, WMT and RTX
ETF Model
- Reduce to target portfolio weights – XLF and XLK
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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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