Our friends at Bespoke Investment Group this afternoon dropped a little letter to say that the firm had sold it’s shares of Ford (F) , Nordstrom (JWN) , and General Electric (GE) , the reason being “technical breakdowns and overall market weakness.”
This is a “model portfolio,” mind you. BIG say they’re going more into cash.
Ford shares are down 27 cents, or 2.5%, at $10.76, while Nordstrom is off $1.26, or 3.4%, at $35.58, and GE is off 23 cents at $15.16.
source: barron's blog
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