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.
The Island Light Global ETF Portfolios are designed to participate in global economic equity growth with downside protection from excessive volatility.
The Bank of America trust paid a 5.79% per annum dividend to the model.
We need to see positive momentum in economic reports for both consumer and business spending.
Altria Group boasts a 5.16% dividend yield, a better return than 10-year Treasury bonds.
