Make a move
Some of you like to know when I make a move.
I went from 1% cash to 20% cash this morning. I can't put my finger on why. I've been fully invested since 2009, but I don't like the look of the charts, don't like the quarterlies I've been seeing, don't like Gentle Ben's recent remarks.
I got rid of my Pandora - that was a mistake to begin with - and I sold half my AAPL stake at today's all-time high; conveniently, my entire stake just hit the one-bagger mark so I am now 'playing with house money' as they put it. I am aware that I may have just pulled out half the flowers from my portfolio by doing that - my portfolio has basically become way overweight AAPL over the last few years just due to price movement - but I am going to be quite careful about not watering the weeds for a while.
I also sold the NUAN in my taxable account for a small long-term gain, but that is more because I am going to need the cash soon; my long-term thesis on the company hasn't changed.