January 13, 2023
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The Week’s Biggest Winner & Loser
Coinbase (COIN)
When the valuation of your company is dependent on Bitcoin and Bitcoin rallies like no one’s business, well, so will your company. Coinbase (COIN) brought home the gold this week, rocketing +50.27% (now the biggest yearly winner, too, at +41.23%). Naturally, that kind of gain easily places Coinbase in the spot of the Week’s Biggest Winner.
Logitech (LOGI)
Logitech (LOGI) really blew it this week when the company preannounced that growth expectations have been drastically the cut. LOGI plummeted a stomach-flipping -17.06% mostly in a single day and has now lost all of its gains for the year, down -12.06% in the middle of week that saw upside for nearly every position out there. Definitely the week’s Biggest Loser by a LONG shot.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
The “Baskets”
The Investments in Play portfolio contains a number of groups of stocks called “baskets.” I use baskets when I want exposure to a certain sector, but I want to use more than one stock to get that exposure without giving each individual stock an allocation.
In this portfolio, there is the Financials Basket which includes stocks that provide the portfolio with exposure to the financial sector which includes money-center banks, credit card companies, and investment management firms.
The Pets Basket includes the two leaders in pet health, long-time holding IDEXX Labs (IDXX) and newcomer Zoetis (ZTS). Both are considered “Best-in-Breed” (pun intended) for different reasons which is why I’m holding both of them instead of just picking one or over the other.
Additionally, there are two speculative baskets in the portfolio: Old-Spec and New-Spec.
Companies in the Old-Spec basket are ones with long track records where I want to have some exposure in the portfolio but I’m not confident enough to give each a full allocation.
New-Spec companies are typically stocks either new on the scene or representing a fairly new approach or sector, where, like Old-Spec, I want exposure but I don’t want a full allocation of any individual company.
Current Position Performance
Apple (AAPL)
+761.25%*
1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$60.81)*
Boeing (BA)
+690.13%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$179.40)*
Nvidia (NVDA)
+640.43%*
1st Buy 9/6/2016 @ $15.77
Current Per-Share: (-$13.45)*
Block (SQ)
+542.07%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$75.30)*
Nike (NKE)
+496.86%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$10.55)*
IDEXX Labs (IDXX)
+428.37%*
1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$220.95)*
Logitech (LOGI)
+414.65%
1st Buy 11/11/2016 @ $24.20
Current Per-Share: $10.64
Skyworks (SWKS)
+362.63%*
1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$35.11)*
Tesla (TSLA)
+359.76%*
1st Buy 3/12/2020 @ $37.10
Current Per-Share: (-$31.40)*
Disney (DIS)
+226.44%
1st Buy 2/14/2012 @ $41.70
Current Per-Share: $30.45
JP Morgan (JPM)
+113.86%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $66.87
Dow (DOW)
+89.90%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $30.90
Berkshire (BRK.B)
+69.17%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $187.77
Meta (META)
+62.32%*
1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($64.60)*
Morgan Stan (MS)
+40.05%
1st Buy 4/25/2022 @ $83.50
Current Per-Share: $65.45
Take Two (TTWO)
+35.32%
1st Buy 10/9/2018 @ $128.40
Current Per-Share: $77.61
Amazon (AMZN)
+32.42%
1st Buy 2/6/2018 @ $69.15
Current Per-Share: $74.10
Salesforce (CRM)
+30.29%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $114.75
Visa (V)
+27.73%
1st Buy 5/9/2022 @ $194.00
Current Per-Share: $174.63
Schwab (SCHW)
+20.61%
1st Buy 4/18/2022 @ $76.30
Current Per-Share: $71.40
SoFi (SOFI)
+17.00%
1st Buy 11/22/2022 @ $4.80
Current Per-Share: $4.65
Zoetis (ZTS)
+8.18%
1st Buy 6/13/2022 @ $157.55
Current Per-Share: $148.75
Dutch Bros (BROS)
-3.91%
1st Buy 9/20/2021 @ $42.25
Current Per-Share: $36.10
Alphabet (GOOGL)
-4.98%
1st Buy 9/16/2022 @ $101.93
Current Per-Share: $96.95
Roblox (RLBX)
-26.31%
1st Buy 9/29/2021 @ $77.00
Current Per-Share: $45.07
Twilio (TWLO)
-43.35%
1st Buy 8/8/2019 @ $125.71
Current Per-Share: $95.35
Canopy (CGC)
-51.66%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $5.40
Rivian (RIVN)
-58.09%
1st Buy 11/12/2021 @ $127.00
Current Per-Share: $39.25
Coinbase (COIN)
-74.60%
1st Buy 4/14/2021 @ $412.47
Current Per-Share: $196.75
* 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
Dow (DOW): Profit-Taking x 2
The painfully-slow, methodical process of profit-taking in my position in Dow (DOW) continued this week when industrials rallied with the rest of the market on Monday, triggering my next sell order which filled at $55.83.
Dow continued to rally throughout the week where it hit my next sell target on Thursday with an order that filled at $58.53, giving me an average $57.18 sell price. Combined, the two orders reduced my per-share cost -2.37% from $31.65 to $30.90 by selling some of the dividends I’ve accrued over the years.
From here, my next sell target is $61.10, slightly higher and the next point of resistance. My next buy target remains below my new cost basis at $44.75, a bit above DOW’s lows in 2022 down at $42.91.
DOW closed the week at $58.68, up +2.62% from my $57.18 average sell price.
Nike (NKE): Profit-Taking
Nike’s (NKE) epic rally continued this week with the stock crossing through my next sell order which filled at $126.46 on Monday. The sale locked in just +12.12% in gains on shares I bought for $112.79 back on May 6, 2022, however, given that the rally’s starting to feel pretty long in the tooth and Nike is overbought on the Daily Relative Strength Indicator (RSI), it was time for some profit-taking.
The sale lowered my per-share cost -$3.87 from -$6.68 to -$10.55 (a negative per-share cost indicates all capital has been removed in addition to $10.55 per share added to the portfolio’s bottom line in addition to each share’s current value).
From here, my next sell target is $149.85, just under the key psychological resistance of $150.00, and my next buy target is $85.10, a bit above NKE’s $82.22 low from 2022.
NKE closed the week at $128.85, up +1.89% from where I took profits Monday.
SoFi Technologies (SOFI): Profit-Taking
Fintech straggler, SoFi Technologies (SOFI), rallied with the rest of the market this week, triggering my next sell order which filled at $5.42 on Friday. The sale locked in +26.64% in gains on 1/3 of the shares I bought just a few weeks ago for $4.28 on December 28, 2022, lowering my per-share cost just -1.06% from $4.70 to $4.65.
From here, my next sell target is $8.35, just below a past point of resistance, and my next buy target is $4.24, SOFI’s 2022 lows.
SOFI closed the week at $5.44, up +0.37% from where I took profits Friday.
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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