Buy LC, Sell AAPL

I added to my Lending Club (LC) position for the following reasons.
- Quarterly results announced last night beat expectations.
- Guidance raised for second quarter in a row.
- Continued confirmations that LC is the largest online marketplace for peer-to-peer lending.
- I personally because a lender verifying amazing on-boarding process, see article.
- Stock continues to trade 40% of yearly highs.
- LC market cap of ~5.5B$ compared to JPM 255.8B$
 Price: $14.72
 Trade/Portfolio: 0.89%
 Position/Portfolio: 6.31%

 I sold remaining shares of Apple (AAPL) for the following reasons.
- Apple's massive lead is a strong inhibitor to innovation.
- Second generation management won't be able to make tough decisions when necessary.
- Lack luster sales of iWatch beyond Apple groupies.
- Saturation of iPhone makes growth difficult to sustain.
- Ubiquity of iPhones creates desire for "something new" in youth segment.
- Apple crossed below 200-day moving average.

Price: $112.33
Trade/Portfolio: Closed position
Gain: +38.67%