Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Sold Rest Of TCK, Rotated Into MSFT

|Includes: MSFT, Teck Resources Limited (TECK)

The signs of a retracement that started last week in the miners grew stronger, so I've decided to get out of Teck (TCK) completely and put the proceeds into additional shares of Microsoft (NASDAQ:MSFT).

SPDRS Metals & Mining ETF (NYSEARCA:XME) is the only speculative position left in the portfolio. It's much less riskier than individual miners, so willing to hold onto it longer...


- Sold other half - 2000 shares - of TCK; 19.7% gain.

- Bought additional 200 shares of MSFT

Disclosure: I am/we are long MSFT.