For Global Momentum Guide subscribers, we are issuing a Sell Alert on SPDR Retail (XRT) for the ETF Sector and ETF Blended Portfolios. Buy advice will follow in the next issue.
We recommend investors holding XRT in their portfolio also sell to lock in gains caused by the short squeeze. GME has grown to 20 percent of XRT. These gains are unsustainable.
Other ETFs with large exposure include GAMR (34 percent), XSVM (16 percent), RWJ (15 percent), SYLD (9 percent) and IWC (4 percent).
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