News: Amazon Buys Whole Foods Market

So the big news this week is that Amazon (AMZN) has bought Whole Foods Markets (WFM).

http://www.cbc.ca/radio/asithappens/as-it-happens-friday-edition-1.4164029/amazon-s-whole-foods-deal-another-tech-company-swallowing-ever-greater-portions-of-our-economy-1.4164035

And this is the impact it had on our Feb 2017 portfolio F2017.  If you recall, this portfolio was made up entirely of food and grocery stocks.

The portfolio dropped by almost 2% and is now losing money.  Today's news reinforces the idea of diversifying your stock portfolio.  I'll continue to watch this portfolio to see if it rebounds over the next few months.