Averages are flat this Friday, but stocks in our portfolio are up. We are following through with our advice from yesterday and trimming into this rip. We have received 10% gains in a number of our core holdings so instead of selling half or all of the position, we trimmed 10% out of the stock. So, if you have 10,000 in a stock and it goes up 10 %, just trim out $1000. This way you avoid taxes. We added new names to the portfolio PHM and GE. No further action will be taken today. Stay tuned today for further analysis on our new holdings.
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