Trade Alert For Equity Model Only
Yesterday, we sold our position in Advanced Micro Devices (AMD), planning to add more to Nvidia (NVDA) on a pullback. However, NVDA has announced a shelf offering of new shares and is technically overbought. With more than a 50% gain in the position, we have decided to take profits and wait for a pullback to rebuild the position.
Equity Model
- Sell 100% of Nvidia (NVDA)
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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