Boeing (BA): Added to Position

Boeing (BA) remained under selling pressure this week, dipping below $210 and triggering a buy order on Tuesday that filled at $208.19. The buy raises my per-share cost +26.11 from -$261.81 to -$235.70 (a negative per-share cost indicates all capital has been removed from a position plus $235.70 in profits per-share in addition to each share’s current value).

The buy locks in a -43.68% discount on shares I sold for an average price of $369.67 over the course of 2018-2019. From here, my next buy price target is $191.90, above a past point of support, and my sell target is around $385 when my BA position will have exceeded the target allocation size for the portfolio.

BA closed the week at $207.03, down -0.56% from where I added Tuesday.

Canopy Growth Corp (CGC): Added to Position

Canopy Growth Corporation (CGC) came under selling pressure along with the rest of the recreational cannabis space, testing its lows from September’s selloff and triggering a buy order I had in place which filled at $12.90 on Wednesday.

The buy locks in a whopping -70.55% discount on shares I sold for $43.81 back on February 3, 2021. From here, my next buying price target is $10.95, above a past point of support, and my sell target is around $51.00 where I’ll take all of the capital out of the position.

CGC closed the week at $12.63, down -2.09% from where I added Wednesday. 

Dow Chemical (DOW): Added to Position

Dow Chemical (DOW) sold off with many of the cyclical reopening plays on Wednesday, triggering a buy order I had in place which filled at $56.11. The buy raised my per-share cost $0.21 from $35.69 to $35.90. With DOW’s nearly 5% dividend yield at these levels, it’s hard not to want to add more to my position.

From here, my next buy price target is $54.00, around a key support level from the past, and my next sell target is near DOW’s all-time high at $70.45.

DOW closed the week at $55.97, down -0.25% from where I added Wednesday.

Logitech (LOGI): Added to Position

Despite reporting a surprise-to-the-upside earnings report on Tuesday, Logitech (LOGI) sold off when the company warned that supply chain issues would continue to be a pinch into the future. When the stock gapped-down on Tuesday morning, a buy order of mine filled at $82.54, raising my per-share cost +1.79 from $4.05 to $5.84.

The buy locked in a -11.95% discount replacing some of the shares I sold for $93.74 back on November 5, 2020 and my current $5.84 per-share cost represents a -76.08% discount from my initial purchase of LOGI at $24.40 back on November 11, 2016.

From here, my next buy price target is $76.20, above a past point of support, and my next sell target is around $150.00 when the position will have exceeded the target allocation size for my portfolio.

LOGI closed the week at $83.03, up +0.59% from where I added Tuesday.

Twilio (TWLO): Added to Position

Twilio (TWLO) reported an absolutely awful earnings quarter on Wednesday evening, causing the stock price to plummet nearly -20% where it triggered a buy order I had in place that filled at $286.50 on Thursday morning.

The buy does put capital back into this speculative basket position, raising my per-share cost to $84.67 which still represents a -32.65% from my initial $125.71 buy back on August 8, 2019. From here, my next buy price target is much lower at $216.80 and my next sell target is near TWLO’s all-time high at $454.00.

TWLO closed the week at $291.36, up +1.70% from where I added Thursday.