{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"6-23-26 The New Rules of Portfolio Protection","description":"Markets are near highs, but momentum is slowing, breadth remains narrow, buybacks are entering blackout periods, and investors are looking for ways to participate in gains without exposing themselves to a major drawdown.&amp;nbsp; Lance Roberts &amp;amp; Jon Penn discuss practical portfolio protection strategies that don't require moving entirely to cash. Here's a topical rundown of today's show: 0:00 - INTRO 0:58 - End of Quarter Rebalancing Begins 4:25 - Markets to Retest 50-DMA 9:17 - How to Stay Invested Without Getting Burned 14:19 - Take Some Profits &amp;amp; Stay Disciplined 16:10 - Two Camps of Space-X 23:34 - The AI\/Industrial Revolution 20:45 - The market is changing how we manage money 27:39 - Avoiding Catastrophic Loss of Capital 30:35 - 15 Rules of Risk Management 31:47 - How to Hedge Your Portfolio 36:21 - The Risk in Trading 40:14 - Bull markets Breed Confidence 43:42 - Be Careful of Narratives vs Market Behavior 45:24 - Remember How You React to Market Downturns (pain) 47:56 - Hedging Your Portfolio is not a Binary Issue Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP&amp;nbsp; Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https:\/\/bit.ly\/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https:\/\/youtube.com\/live\/donQO1t_hLs ------- Watch our previous show, &quot;hen Money Flows Meet a Hawkish Fed&quot; https:\/\/youtube.com\/live\/UYxvj5axVTQ&amp;nbsp; ------- Watch today's &quot;Before the Bell&quot; feature, &quot;Quarter-End Rebalancing Hits Markets,&quot; here: https:\/\/youtu.be\/REkG7SgcVhw ------- Articles mentioned in this report: &quot;The Technical Backdrop: When Flows Meet a Hawkish Fed: https:\/\/realinvestmentadvice.com\/resources\/blog\/the-technical-backdrop-when-flows-meet-a-hawkish-fed\/  &quot;Kevin Warsh And The End Of The Fed\u2019s \u201cForward Guidance\u201d https:\/\/realinvestmentadvice.com\/resources\/blog\/kevin-warsh-and-the-end-of-the-feds-forward-guidance\/  --- Get more info &amp;amp; commentary: https:\/\/realinvestmentadvice.com\/insights\/real-investment-daily\/  ------- * REGISTER for our next Candid Coffee, &quot;Narrative Busters: Market Stories Investors Should Approach With Caution,&quot; Saturday, July 18, 2026: https:\/\/streamyard.com\/watch\/RfJtCj2byfDr --- Visit our Site: https:\/\/www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https:\/\/www.simplevisor.com\/register-new --- Connect with us on social: https:\/\/twitter.com\/RealInvAdvice https:\/\/twitter.com\/LanceRoberts https:\/\/www.facebook.com\/RealInvestmentAdvice\/ https:\/\/www.linkedin.com\/in\/realinvestmentadvice\/ #StockMarket #PortfolioManagement #MarketVolatility #Investing #RiskManagement #PortfolioProtection #RiskManagement #RetirementPlanning #InvestingStrategy #WealthManagement ","author_name":"The Real Investment Show Podcast","author_url":"http:\/\/soundcloud.com\/the-lance-roberts-show","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41743355\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/87A93A\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41743355"}