Well, it’s becoming epidemic today; taking profits and limiting losses. It must mean I want to have a lot of cash and a lot of comfort while contemplating whether or not to try to actively short this market in the days or weeks ahead.
I held Goldman and Capital One for their opposing interest rate dynamic to some Healthcare related items I still hold (IBB & XLV and one individual Biotech company).
Both have become somewhat overbought after providing some decent profits. Any and all items in any and all sectors are on notice during this cash raising exercise. Do not look at me the wrong way or you are gone. I am not giving 2017 profits back.
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