Trade Alert: Exiting NPWR, BLBD, and MSFT

Holding extra cash

We are making strategic exits from our positions in NPWR, BLBD, and MSFT today. These decisions are driven by significant shifts in the US energy landscape, policy changes affecting clean energy initiatives, and a reassessment of Microsoft's short-term quantum computing prospects. This action will result in a substantial cash position, allowing us to capitalize on future opportunities while mitigating current market risks.

NPWR & BLBD: Policy-Driven Exits

The changing US energy policy under the Trump administration has prompted a concerning shift away from clean energy alternatives. This is exemplified by Duke Energy's recent removal of "clean" from its energy transition language and the abandonment of their zero-emissions targets. This policy change negates NPWR's unique selling proposition, making its commercialization path exceedingly difficult. Given NPWR's distance from commercialization and the potential for a sharp stock decline, we are exiting our position.

Similarly, BLBD's reliance on now-halted IRA incentives, specifically the clean bus program, necessitates an immediate exit. The program's pause after only two years, coupled with continued shareholder selling following an excellent earnings report, presents an untenable risk.

MSFT: Reassessing Quantum Computing's Short-Term Impact

While maintaining a long-term position in my family fund, I am closing our MSFT position in the demonstration account. The short-term advantages once anticipated from quantum computing for Microsoft have not materialized, prompting this strategic adjustment.

Strategic Cash Position & Diversification

These exits will significantly bolster our cash reserves, providing flexibility for future investments. Given the current volatility and erratic policy environment in the US market, we will strategically diversify our portfolio into European and Far Eastern markets to mitigate risk.

Finalizing Trades:

I will update the closing prices once all trades are executed.