PRO TRADING

Trade Alert For Equity & ETF Model This morning we reduced our S&P 500 Short position by 50% for a couple of reasons: The market is very oversold on a short-term basis and could bounce on any surprise comments from […]

Reducing exposure in both equity and ETF models. Selling AMD, NVDA, F, GS. Reducing XLF, XLRE, XLK, XLV. Adding to SH.

Reducing risk and raising cash to hedge portfolios. Reducing MRO, XOM, CVS, COST, PG, XLE, XLK and adding SH.

Using the rally to start reducing equity exposure and raising cash. Selling or Reducing WM, ALB, XLE, & LIT.

Increasing our gold position (IAU) to 4% in both models.

Selling SPDR S&P 500 Index (SPY) today with the market reversing all of yesterday's gains suggesting reflex rally is over as fast as it began.

We added 0.5% of the portfolio to Costco (COST) and increased Healthcare (XLV) by 1% in the ETF model.

Rebalance ABT to 2% of the portfolio as we continue our running rebalance.

Rebalancing earnings related risk. Selling down AAPL, AMD, NVDA,PSA, adding SPY. Reducing XLP, XLU, XLRE and XLK.