Positions Report – April 2024

We continue to hold a sizable cash position; however, not as large as last month. We have been taking gains in various positions as they hit our technical and valuation targets, while not liking many great companies based on current technicals and fundamentals, at this moment. This tactic has naturally put us into cash close to tops. The one exception we have found continues to be in the AI, specifically the AI memory space. Micron’s (MU) recent report was stellar, and it is showing up in the charts and fundamentals. We made a large move into MU and decided to begin layering into Lam Research and Broadcom, as well.

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