We're locking in some profits in 2 rallying stocks that we still love long term

Core Viewpoint - The company is making strategic trades by selling shares of Eaton and Procter & Gamble to lock in profits as the stock market approaches overbought conditions, while maintaining a focus on potential growth in technology stocks [1] Eaton - The company is selling 20 shares of Eaton at approximately $403 each, reducing its weighting in the portfolio from 2.75% to 2.55% and decreasing the share count to 250 [1] - Eaton's shares have increased by 27% year to date, prompting the company to raise its price target to $425 due to strong momentum in data center orders [1] - The decision to trim the position is aimed at securing gains from the recent performance over the past month and a half [1] Procter & Gamble - The company is selling 50 shares of Procter & Gamble at around $162, decreasing its weighting in the portfolio from about 1.9% to 1.7% and reducing the share count to 425 [1] - Procter & Gamble shares have risen 13% year to date, and the company downgraded its rating to a hold equivalent after the stock reached a new high for 2026 [1] - The initial investment in Procter & Gamble was made in anticipation of a rebound in the consumer staples sector, which has proven successful as the sector gains popularity [1] Market Conditions - The S&P Short Range Oscillator indicates that the stock market is nearing overbought conditions, leading to the decision to book profits in the aforementioned stocks [1] - Despite the overall market conditions, technology stocks, particularly the Magnificent Seven, are perceived to have room for growth, prompting the company to maintain a focus on selectively increasing positions in these areas, especially in Alphabet [1]