AND EVEN MORE PORTFOLIO CHANGES………
As the first quarter winds down, I am feeling compelled to reevaluate the portfolio from a risk/reward basis. This has caused me to liquidate some of the profitable positions taken during the quarter, in favor of allocating those funds into other assets in the coming quarter.
Here is what took place today. During the trading day I tweeted the following:
SPRT has further upside, however, there are better opportunities for gains in the months ahead, which is why I sold out of the position today after holding it for two months with a 20% profit over that time.
SYNC I have more details on here.
As I mentioned some weeks ago, the fact that the first quarter has experienced some generous gains in the portfolio allows me the opportunity to really push the envelope for gains in Q2. I am setting myself up to do just that with these liquidations.