We’re exiting our smallest position and will use the cash to buy more of another stock

News Snapshot:

We're exiting our position in Veralto (VLTO), selling 173 shares at roughly $69 each. Following Thursday's trade, Jim Cramer's Charitable Trust will no longer own a position in VLTO. These shares were received as part of its spinoff from Danaher on Oct. 2. Once again, the S & P Short Range Oscillator was a great predictor of an impending oversold bounce. Stocks on Thursday were pushing higher for the fourth straight session with bond yields retreating as investors weigh whether the Federal Reserve is finished with its interest rate hiking cycle. Since we've been buyers recently, including two separate trades...