Author: Ronald Guerrini
Covestor model: Breakouts and Reversals
May was a poor month for the model portfolio. May saw a continuation of the downtrend established in April. The model kept taking on long positions when it should have been short or in cash.
Income portfolios combine dividends and buybacks in search of ‘shareholder yield.’
We like the Pimco Total Return ETF and the active bond investing style of Bill Gross
This portfolio targets financial plays in the Russell 1000 Index.
One of the model’s notable long positions, SodaStream, gained nearly 25% in the past month.
