Today’s noticeable shift to safety, particularly in utilities, consumer staples, and industrials could foreshadow a nasty Santa Claws Anti-Rally.  I don’t believe that to be the case, but it’s interesting how well safety trades are performing. With this shift in risk, although definitely not a run-for-the-hills rotation, I’ve decided to cut some of my losers and lock in some profits.

Today’s trades:

I sold the following: 

Robinhood:

• ASTR – loss
• CRSP – even
• APPS – gains
• NEWR – gains
• NTDOY – gains

eTrade Brokerage:

• SGRY – gains
• PANW – gains
• AMAT – gains

Purchases today:

Robinhood:

• AAP

In addition to the above, I adjusted my 401k funds allocation and upped the cash position to 30%.