April 14, 2022
Click above image for larger version
The Week’s Biggest Winner & Loser
Dow Chemical (DOW)
The industrials started to gain ground this week, and it seemed as though investors started to figure out that high oil prices does not negatively impact Dow Chemical (DOW). DOW closed up +6.16%, besting the rest of the portfolio to brew up the spot of the Week’s Biggest Winner.
IDEXX Labs (IDXX)
Perennial humanization of pets play, IDEXX Laboratories (IDXX), got positively slammed this week on absolutely no news. Seriously. I can’t figure out. IDXX should be a great inflation play since no pet owner will stop spending money on their pet, even in a recession. Regardless, IDEXX dropped -9.29% this week to poop its way to the Week’s Biggest Loser spot.
Portfolio Allocation
Positions
%
Target Position Size
Click above image for larger version
Portfolio Breakdown
Click above image for larger version
Year-to-Date Performance
The Speculative Basket
The Speculative Basket is made up of 11 positions that cumulatively share two target allocations. While I have more faith in these positions than those in my Speculation in Play portfolio (why they’re in this portfolio), I don’t want a full allocation to any of them.
The current basket members are: Amazon (AMZN), Berkshire-Hathaway (BRK.B), Coinbase (COIN), Dutch Bros (BROS), Meta (FB), Rivian (RIVN), Roblox (RBLX), Salesforce (CRM), Skyworks Solutions (SWKS), Take Two Interactive (TTWO), and Twilio (TWLO).
Current Position Performance
Apple (AAPL)
+875.28%*
1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$34.61)*
Tesla (TSLA)
+829.17%*
1st Buy 3/12/2020 @ $111.30
Current Per-Share: (-$78.43)*
Nvidia (NVDA)
+787.05%*
1st Buy 9/6/2016 @ $15.77
Current Per-Share: (-$22.45)*
Block (SQ)
+715.51%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$83.75)*
Boeing (BA)
+626.66%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$175.40)*
Logitech (LOGI)
+570.35%**
1st Buy 11/11/2016 @ $24.20
Current Per-Share: $8.81
Nike (NKE)
+504.99%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$9.59)*
IDEXX Labs (IDXX)
+453.94%*
1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$52.18)*
Skyworks (SWKS)
+403.13%*
1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$33.85)*
Disney (DIS)
+317.98%
1st Buy 2/14/2012 @ $41.70
Current Per-Share: $31.21
Amazon (AMZN)
+314.53%
1st Buy 2/6/2018 @ $1,382.96
Current Per-Share: $731.95
Take Two (TTWO)
+182.49%
1st Buy 10/9/2018 @ $128.40
Current Per-Share: $75.60
Salesforce (CRM)
+92.77%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $98.25
Berkshire (BRK.B)
+88.29%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $182.87
Dow (DOW)
+86.05%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $35.20
Meta (FB)
+78.13%*
1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($295.25)*
JP Morgan (JPM)
+70.78%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $73.85
Dutch Bros (BROS)
+30.84%
1st Buy 9/20/2021 @ $42.25
Current Per-Share: $40.50
Twilio (TWLO)
+12.34%
1st Buy 8/8/2019 @ $125.71
Current Per-Share: $122.03
Canopy (CGC)
+0.31%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $6.80
Roblox (RLBX)
-22.13%
1st Buy 9/29/2021 @ $77.00
Current Per-Share: $54.40
Rivian (RIVN)
-45.77%
1st Buy 11/12/2021 @ $127.00
Current Per-Share: $74.85
Coinbase (COIN)
-49.80%
1st Buy 4/14/2021 @ $412.47
Current Per-Share: $293.43
* 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.
** Indicates a position calculated based on initial investment due to extremely low per-share price (causes ridiculous and inaccurate “gains”)
This Week’s Moves
Dow Chemical (DOW): Profit-Taking
While it may seem out-of-place to take profits when the market is more or less in a bear trend, Dow Chemical (DOW), as a position in Investments in Play, has more capital in it in actual terms than any other position in the entire portfolio, bizarrely enough. Accordingly, I decided to start taking small profits as it works its way to its all-time high.
On Tuesday, the first of those sales took place with an order that filled at $63.32, locking in +16.50% in gains on shares I bought for $54.35 on December 1, 2021 and lowering my per-share cost -1.068% from $35.58 to $35.20. From here, my next sell target is $67.75, a past point of resistance, and my next buy target is $53.80, just above DOW’s December lows.
DOW closed the week at $65.49, up +3.43% from where I took profits.
Skyworks Solutions (SWKS): Added to Position
I decided it was time to add back to my Skyworks Solutions (SWKS) position when it broke through $120.00 again on Thursday with a buy order that filled at $119.62. The buy locked in a -17.27% discount replacing some of the shares I sold a few months back on December 17, 2021 for $144.59 and raised my per-share cost from -$57.31 to -$33.85 (a negative per-share cost indicates all capital has been taken out of the position in addition to $33.85 of profit per-share which is added to the portfolio’s bottom line).
From here, my next buy target is $92.15, above a past point of support, and my next sell target is $201.95, slightly below SWKS’ all-time high.
SWKS closed the week at $117.73, down -1.58% from where I added on Thursday.
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!
Ways to give back to GetIrked:
Send me a tip via Stripe! Thank you!
Get free money by signing up for an account with my referral link for Schwab
Sign up for Gemini and we each get $10
Click this referral link to get the Brave Browser
If you use Brave, you can also use the Tip function to tip me in Basic Attention Token (BAT).
You must be logged in to post a comment.