I’m looking to sell say…
Markets are flattish even as breadth is to the downside by nearly 3 to 1. As I’d noted last week, after this huge run we’ve had in the last month in the markets and especially in our portfolios, it’s time to step off the gas a little bit, even as we hold the bulk of our positions steady.
So the upshot is that I’m looking to trim a little bit from most of our positions. I’m looking to sell say 10-20% of the common stock and calls in:
- Sandisk
- Microsoft
- Cypress
- Nuance
- Apple
These will remain relatively big positions in the portfolio and I’ll be working those sell orders most of today and probably tomorrow.
