Portfolio Trade Alert – May 9, 2022

By Lance Roberts | May 9, 2022

Trade Alert For Equity Model Only

Last week, Albemarle (ALB) surged back into extreme overbought territory. We are reducing ALB back to target portfolio weights for now.

We have 3-other positions that are on stop levels but are extremely oversold. So we will look to reduce positions further on a reflexive rally.

  • Reduce ALB to 3.5% 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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