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Old 24 July 2020, 04:48 AM   #10
JParm
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Join Date: Aug 2010
Location: NorCal
Watch: Yes!
Posts: 6,579
Quote:
Originally Posted by beshannon View Post
And then on AAPL there is this, my gains were nearly double on my position so I had no problem taking profits today.

https://seekingalpha.com/news/359441...on-probe-axios

https://seekingalpha.com/news/359403...oft-and-amazon

https://seekingalpha.com/news/359363...probe-in-italy

I own AAPL in mutual funds, 401k's and IRA's

I trimmed because it made sense to same with AMZN that I halved last week. MSFT is not a large percentage of my trading account and not as over valued. I would add to MSFT on any serious move down. My chart at the top of the page was one part of my sell strategy.

I am not in NFLX, GOOGL, FB, NFLX or NVDA. The space is too hot for me.

And the market has rolled over hard now down 325
Quote:
Originally Posted by beshannon View Post
https://seekingalpha.com/news/359441...-favored-names

There is investing for the long term and being prudent.
All valid points...however, there's always the bull case as well. I'll counter with thoughts from Ophir Gottlieb from earlier today.

We can all agree that tech has led the market heavily up to now...the question is can it sustain?

I'm not making any moves through this week, but will obviously continue to monitor to see if the downward pressure moves throughout next week as well.
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