December 24, 2020
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The Week’s Biggest Winner & Loser
JP Morgan Chase (JPM)
This week’s biggest winners were… the financials?! Yes, indeed. When the Fed announced that it was open season for the banks to restart their stock buyback plans last Friday, the financial sector roared to life with Best-in-Breed JP Morgan Chase locking in a +4.57% gain and earning the Week’s Biggest Winner spot.
Tesla (TSLA)
Tesla’s (TSLA) never been the same since becoming part of the S&P 500 this past Monday, losing throughout the week. In fact, one analyst even called Tesla the next AOL, suggesting that AOL’s entrance into the fabled S&P 500 marked the top for growth tech stocks. Did Tesla ring the bell this week? Regardless, its -4.78% loss earned it the spot of the Week’s Biggest Loser.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
Square (SQ)
+990.39%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$153.80)*
Logitech (LOGI)
+780.82%*
1st Buy 11/11/2016 @ $24.20
Current Per-Share: (-$2.29)*
Apple (AAPL)
+722.16%*
1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$62.30)*
Boeing (BA)
+681.04%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$372.32)*
Tesla (TSLA)
+576.69%*
1st Buy 3/12/2020 @ $111.30
Current Per-Share: (-$140.53)*
Nike (NKE)
+527.01%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$35.55)*
Nvidia (NVDA)
+495.89%*
1st Buy 9/6/2016 @ $63.10
Current Per-Share: (-$102.82)*
IDEXX Labs (IDXX)
+441.34%*
1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$32.76)*
Disney (DIS)
+363.57%*
1st Buy 2/14/2012 @ $41.70
Current Per-Share: (-2.00)*
Twilio (TWLO)
+201.06%*
1st Buy 8/8/2019 @ $125.71
Current Per-Share: (-$16.25)*
Salesforce (CRM)
+182.53%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $79.91
Take Two (TTWO)
+149.14%*
1st Buy 10/9/2018 @ $128.40
Current Per-Share: -($114.95)*
Canopy (CGC)
+82.05%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $14.20
Skyworks (SWKS)
+81.26%
1st Buy 1/31/2020 @ $113.60
Current Per-Share: $83.42
IBM (IBM)
+76.39%
1st Buy 11/6/2018 @ $120.87
Current Per-Share: $70.69
Berkshire (BRK.B)
+59.28%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $142.22
Dow (DOW)
+52.06%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $36.03
JP Morgan (JPM)
+44.09%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $86.42
GW Pharm (GWPH)
+29.39%
1st Buy 7/25/2018 @ $142.28
Current Per-Share: $91.10
* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Starting Capital Investment
A negative share price indicates the dollar amount of profit for each share currently held.
This Week’s Moves
Square (SQ): Profit-Taking
When Square (SQ) experienced resistance after making a new all-time high near $242 on Monday, I decided to take some profits when it was rejected from those levels on Tuesday with a sale that filled at $241.69.
The order sold shares I bought back on August 5, 2016 for $11.10, locking in +2,077.39% in profits and lowering my per-share cost to -$153.80 (every SQ share in my portfolio is worth its current share price plus an additional $153.80 each thanks to profits taken over the years).
Even following Tuesday’s sell order, Square remains the biggest position in my portfolio with an allocation of 7.463% at the time of the sale (it’s since dropped to 7.142% with the portfolio’s maximum target allocation at 7.14%). From here, I’m eyeing the $275 level as my next selling target (based on multiple analysts who maintain crazy $300 price targets for the stock) and my next buy price is $196.90.
SQ closed the week at $228.28, down -5.55% from where I sold Tuesday.
Want Further Clarification?
As always, if you have questions about any of my positions or have positions of your own that you’re curious about – feel free to leave a comment below!
See you next week!
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