Trade Alert – All Models
With the market breakout of the bullish flag discussed in our Daily Market Commentary, we are rebalancing portfolios and putting some of our idle cash back to work in areas that have recently become more oversold and are turning back up.
Each section below details the additions or changes to each model and the percentage change to the current holding.
Equity Model
- Increase each of the folding holdings by 1% of the portfolio value:
- WMT, COST, V, LLY, ABBV, BRK-B
- Initiate a 1% position in each of the following:
- BLK, KMI, NOW
ETF Model
- Increase each of the following sectors to their specific new target weights (% of total portfolio value)
- XLF – 6%
- XLY – 4%
- MGK – 9%
Dividend Growth Model
- Sell 100% of FRT and MDT.
- Initiate a 2.75% position in UGI and AMGN
- Increase AMZN, GOOG, and AAPL to 4.5% of the portfolio.
- Leave META, NVDA, and MSFT at current weights.
- Rebalance all remaining positions to 2.75% of the portfolio.
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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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