SELL AMZN
0.315 shares at $251.40 on 2026-04-21
Reasoning
AMZN earnings binary April 29 creates material downside risk per Rule 27. Position is +5.1% gain at current price $251.41 vs avg $231.85. Recent analyst upgrades (BofA $298, KeyBanc $325) provide contrarian support, but thesis #178 acknowledges $200B capex margin risk. Trim 30% to lock in partial gains, reduce event exposure, and build cash buffer toward Rule 27's 80% target. Current cash is 60% of portfolio; trim will push closer to target ahead of densest earnings week (NOW, INTC, GOOGL, AMZN, MSFT, AAPL across Apr 22-30).
Outcome
7-day: -4.81% · 30-day: pending