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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.23+0.1%Nov 7 9:30 AM EST

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To: Trader J who wrote (56270)7/11/2024 10:12:57 AM
From: Trader J   of 56532
 
Financials: I will begin trimming my financials, in all likelihood, next week as they start reporting. Not sure what to expect though it seems the environment remains perfect for continued performance. To be honest, I'm not sure why I would be selling them into this environment which seems very goldilocks for the majors after the 12-18 mos. run they've had.

Trimming should just be a capital preservation strategy we all use to keep greed in check while raising cash to deploy in other areas. I currently hold: JPM, GS, MS, BAC, C and BX. Looking to trim maybe 20% depending on earnings and commentary.
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