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Position Trading Update
Taking Some Profits (originally published March 7, 2024)
On February 16, we initiated our first new recommendation in HX Legacy.
As we discussed in our HX Legacy Primer, we will be giving recommendations on trading around our long-term positions.
All the ideas in HX Legacy can simply just be held until we feel it is time to exit entirely. Historically, though, we have been able to add considerable value by giving buy and sell recommendations to take advantage of stock volatility.
In February, we took advantage of a sell-off in one of our initial HX Legacy recommendations and added shares on weakness.
Now, we are going to take advantage of strength in this new recommendation and take some short-term profits.
You can read about our recommendation here…
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