Trade Tracker: Joe sells Apple and Tesla in the JOET rebalance

Published 2024-05-01
Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to discuss his latest JOET ETF tech stock rebalance.

All Comments (21)
  • @trungtpham
    Joe seems perfectly fine with selling at the low and buying back in after the stock has proven to have gone up, i.e. at the high.
  • @jchassin3311
    The JOET ETF hasn't done anything in 3 years....
  • @CPATuttle
    Do not follow JOE T. His track record is bad
  • @tmilsted
    Selling Tesla when they are one of the biggest AI companies in the world and FSD on coming soinds like a smart move... Why own in the first place if you dont believe in the plan???
  • @StanleyHudson1
    I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
  • @svenhodaka9145
    Exactly, when you see the other five Mag 7 📈, and your patience is being tested then it’s time to unload. My guess is that a year from now APPL and TSLA will be the best 1 year performances of the Mag 7. Welcome to the big casino. Someone told me once, “buy good companies and hold them for a long time” 🤔
  • Great video, I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, i've gotten $18,539 in my portfolio. Thanks so much Maria Susan.
  • @nigeltoh9945
    Why this program promotes one particular ETF, Joe T?
  • @cozyslor
    Nice move Joe. That didn't age well.
  • @tiaay
    Joe TerraNova is right!
  • @authoredens581
    "honey let's sell some of our QQQ and VTWAX and invest in the JOET!" - said no one ever
  • @evinrude25
    JoeT did half the returns of what a free s&p etf did over the past 3 years and he charges 3% fee to have investors do poorly. JoeT needs to admit that fact on air
  • I haven't sold Tesla in 7 years. I have been buying non-stop. I wonder when these traders realize the day trading pool of Tesla has been gradually shrinking, and retail investors make up nearly half of all stock holders. Apple is probably similar in that regard.
  • @knt3219
    JOET ‘s Move Is Understandable Given Market Condition And These Stocks Light Future. While That Could Be True, The News About Let Go Of Tesla 14K Employees Can Be A Good Thing For Tesla Future Balance Sheet Where It May Add $1B On The Balance. On Another Hand, Apple Is Getting More Market Data Due To China’s New Rule On Meta On Apple Phone . Sincerely❤❤❤, KNT.
  • @Seanpfree
    This is THE END of first time home ownership and the slow death of the middle class in a generation.