Trade Tracker: Malcolm Ethridge sells Iron Mountain and Prologis

Investment Decisions - Malcolm sold Iron Mountain due to concerns that its stock price would decline post-earnings report, similar to the reactions of big banks and big tech companies after their earnings releases [2] - The investor had held Iron Mountain for a year with only a 3% dividend return, and its valuation compared to peers in the XLR was not promising for significant growth [3] - Prolis was also sold because it had been a stagnant stock for the year it was held [7] - The investor used the proceeds from the sales to buy ASML, positioning for future opportunities, anticipating a rate cut that would benefit fintech companies [6] Market Sentiment and Expectations - Expectations for some stocks had become too high [4] - Market sentiment suggests investors are taking profits and anticipating a pullback [5] - Consensus indicates the market is overdue for a pullback [5] Real Estate Market Analysis - Prolis boasts about a 95% vacancy rate, but the industry-wide vacancy rate is increasing [7] ETF Performance - The ETF has repeatedly invested in a particular stock (unnamed) but has not seen positive results [8]