As discussed in this week’s edition of Smart Tech 50 Weekly Movers, we are closing out several positions in our Equity Trades Portfolio. Specifically, we are closing out our short sell recommendation for LinkedIn (LNKD) based on the strength of the momentum it has picked up from last week’s earnings report, and we are closing out our long position in Kongzhong (KZ) due to its erratic price behavior over the past month.

We are also taking profits in our two longest tenured positions in this portfolio – Riverbed Technology (RVBD) and Symantec (SYMC) – as they have both appreciated 24% since being recommended but have recently lost their upward momentum.