Power Plays Update: Trimming GS & MS
March 21, 2024

By Scott Redler

Banks have been surging in the wake of the FOMC yesterday, so we'll take these actions for Power Plays:

  • Take off 25% of Goldman Sachs (GS), leaving us with 25% of the original position
  • Take off 1/3 of Morgan Stanley (MS), leaving us with 2/3 of the original position

Both names have room to run higher, but I want to lock in some gains.

-Scott

Scott Redler Positions Disclosure as of 2024-03-21 at 10.09.54 AM