We're trimming 2 recent winners to raise cash in case of another day like Friday

We're booking some profits in two hot stocks. Shortly after open, we'll sell 20 shares of Goldman Sachs at roughly $1,051 each, leaving Jim Cramer's Charitable Trust with 150 shares of GS and reducing its weighting in the Club portfolio to 4% from 4.5%. We'll also sell 70 shares of Qnity Electronics at roughly $146, leaving the Trust with 780 shares of Q and reducing its weighting to 2.9% from 3.12%. We're raising some cash into Monday's market rebound. Our concern — as Jim Cramer explained in his Sunday column — is that the market will struggle to absorb supply from three upcoming mega initial public offerings (IPOs) and potentially additional funding-raising stock sales from hyperscalers. The market selloff accelerated last Friday after the Financial Times reported that Meta Platforms is considering raising tens of billions of dollars in a stock offering to fund its AI investments. The company dismissed the report as "pure speculation," but it is hard not to think that Meta, along with Microsoft and Amazon , are at least evaluating stock sales after the success of Alphabet 's historic $85 billion capital raise last week. Investors participating in these offerings typically need to sell other holdings to free up capital, which helps explain the market volatility around these deals. …