Portfolio Trade Alert For January 24, 2022
Trade Alert For Equity And ETF Model Only
We added a QQQ trade for a technical oversold bounce in the market. We tried to give it a bit of room for a bounce, but such is not to be the case heading into the Fed meeting. We suspect the Fed will begin to back peddle on their hawkish stance, but we will wait for the bounce to manifest and we will buy back into it at that point. There is a very high probability we are getting stopped out at the bottom of this selloff.
Equity Model
- Sell 100% of QQQ
- Sell 100% of ASAN and the rest of NFLX (We sold half previous to the earnings miss)
ETF Model
- Sell 100% of QQQ
