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TAKE PROFITS FOR WINNERS

January 21, 2020. There really is not much new to discuss regarding the Core Portfolio. We continue holding all positions with the anticipation of a minor pullback…..but read on…….

Today we sold half a position that had a huge 21% gain in 18 months.(increasing the portfolio cash position a little) This holding was not listed in the Core Portfolio as sometimes we feel they are too risky for the readers. We bring this up only to point out that we are taking profits where we feel there is little upside. When you have huge gains, it is typically a good idea to take your profits and run for the hills, especially if there is a POSSIBLE decline coming in the markets. If you have significant gains in some positions, you may want to think about selling……. or selling HALF of the holding. (It is scary to think that uninformed buyers are paying these sky high prices for positions that we are selling.)

If you do not want to sell positions, keep in mind you can short the market by using SH………IF we start seeing declines. If you are not familiar with these ETFs, they go UP when the market goes DOWN.

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Profiles in Corruption, the just released book that we mentioned recently, is getting a lot of coverage on the conservative outlets. If you have any inclination of voting for Biden, you should read the reports. The corruption and cronyism is really startling.

video

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Here is another conservative oriented site that is trying to replace the once very popular Drudge Report: which has reportedly been sold and has gone liberal. We hear traffic to the Drudge site has cratered.

https://www.citizenfreepress.com/

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HILL SLAMS SANDERS….….LOL……TOO FUN

Failed Presidential candidate Hillary Clinton heatedly denounced Sen. Bernie Sanders in a new documentary of her life on Hulu and in a Monday interview withthe Hollywood Reporter.

“He was in Congress for years. He had one senator support him. Nobody likes him, nobody wants to work with him, he got nothing done,” Clinton said in the documentary. “He was a career politician. It’s all just baloney and I feel so bad that people got sucked into it.”

Sanders lost the 2016 Democrat primary to Clinton but went on to endorse her and campaign for her in several states — including Michigan, Wisconsin, Minnesota, and Iowa.

But Clinton had nothing but criticism for her former opponent.

She chided Sanders and his “online Bernie Bros” for their attacks on women candidates and blamed the famous Democrat socialist for the online culture surrounding his movement.

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