The S&P 500 has recovered to the previous highs of November 2019. I’m concerned there might be a little too much re-opening exuberance right now.
So to lock in some profits, I sold the following positions:
- BOTZ Global X Robotics & Artificial Intelligence ETF
- GOOGL Alphabet
- HACK Cyber Security ETF
- NVDA NVIDIA
- RYT S&P 500 Equal Weight Technology ETF
- UNH United Health Group
- XSD Semiconductor ETF
- YUMC Yum China
I’m not worried about a catastrophic meltdown, but I am concerned the market has risen too fast and is ignoring some major uncertainties. Namely: Unemployment, China tensions, and the November Election. You can listen to a brief 10 minute podcast explanation here:
If you’d like an even briefer explanation, here’s a 2 minute video:
Best returns and STAY SAFE !