Trade Alert For Equity & ETF Models Only
As discussed recently, we are using this rally to start rebalancing portfolio risk and raising additional cash levels heading into June. While the reflexive rally has been strong, we are still dealing with a Fed hiking interest rates and beginning to tighten their balance sheet in June. We are taking some small actions today and will continue to “nip and tuck” as this rally continues to wherever it is headed.
Equity Model
- Sell 100% of Waste Management (WM)
- Reduce Albemarle (ALB) to 3% of the portfolio
ETF Model
- Reduce SPDR Energy Sector (XLE) to 3% of the portfolio
- Reduce Global X Lithium ETF (LIT) to 1.5% of the portfolio
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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