As Nvidia (NVDA) spearheads the tech sector rally, questions arise about potential market broadening. Glenmede Chief of Investment Strategy and Research Jason Pride, joins Catalysts to discuss why investors should adopt a more ‘disciplined’ approach to their portfolios amid these market conditions.
Pride suggests that a broader market expansion will "take a little bit of time." However, he emphasizes that the current environment necessitates two key investor behaviors: first, "be comfortable with not chasing the trade," and second, "actively rebalancing portfolios." Pride argues this approach allows investors to trim exposures and manage investment risks effectively.
"A healthy rebalancing can simply be you establish targets for your investment parameters up front. You then look at those targets at a later point in time and look at what’s off from those targets," Pride told Yahoo Finance. About Yahoo Finance:
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