April 9, 2020
Click above image for larger version
The Week’s Biggest Winner & Loser
Square (SQ)
Square (SQ) rocketed skyward out of the middle of nowhere this week, dominating the line-up with an epic +35.50% weekly gain to earn itself the Week’s Biggest Winner.
Cypress Semiconductor (CY)
While not exactly fair since Cypress Semiconductor (CY) is being taken over and therefore has its upside capped, CY earned itself the week’s Biggest Loser spot with the least gain at +2.19% for the week.
Portfolio Allocation
Positions
%
Target Position Size
Click above image for larger version
Portfolio Breakdown
Click above image for larger version
Year-to-Date Performance
Current Position Performance
Boeing (BA)
+603.51%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$411.21)*
Apple (AAPL)
+452.42%*
1st Buy 4/18/2013 @ $56.38
Current Per-Share: (-$79.73)*
Square (SQ)
+396.55%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$25.42)*
Nike (NKE)
+353.49%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$21.26)*
Nvidia (NVDA)
+262.85%**
1st Buy 9/6/2016 @ $63.10
Current Per-Share: $26.75**
Disney (DIS)
+259.61%**
1st Buy 2/14/2012 @ $41.70
Current Per-Share: $22.28**
Cypress Semi (CY)
+169.23%*
1st Buy 4/6/2016 @ $8.20
Current Per-Share: (-$324.43)*
Twilio (TWLO)
+125.05%
1st Buy 8/8/2019 @ $125.71
Current Per-Share: $42.36
Salesforce (CRM)
+93.04%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $79.91
IDEXX Lab (IDXX)
+88.60%
1st Buy 7/26/2017 @ $167.29
Current Per-Share: $137.11
IBM (IBM)
+65.23%
1st Buy 11/6/2018 @ $120.87
Current Per-Share: $73.54
Logitech (LOGI)
+38.08%
1st Buy 11/11/2016 @ $24.20
Current Per-Share: $32.25
Berkshire (BRK.B)
+36.30%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $142.22
Tesla (TSLA)
+23.56%
1st Buy 3/12/2020 @ $556.49
Current Per-Share: $463.75
JP Morgan (JPM)
+11.90%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $91.83
Skyworks (SWKS)
+1.95%
1st Buy 1/31/2020 @ $113.60
Current Per-Share: $88.23
Canopy (CGC)
-0.87%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $14.70
Dow (DOW)
-9.81%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $40.54
Citigroup (C)
-11.12%
1st Buy 10/26/2017 @ $74.06
Current Per-Share: $53.34
GW Pharm (GWPH)
-13.11%
1st Buy 7/25/2018 @ $142.28
Current Per-Share: $110.87
* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Original Capital Investment
** For more accurate profit %, positions with extremely reduced per-share costs are calculated in the same manner as positions with sold capital investment.
This Week’s Moves
Square (SQ): Profit-Taking
When the market has lost its mind, it’s time to take profits, and although it appears the market has gone coo-coo for Cocoa Puffs all over, this was particularly evident in Square (SQ), which has shot from a low around $32 in three weeks to a full double at $64 on Thursday.
Yes, it’s profit-taking time, already.
I sold half of the shares I bought on March 18 for $34.52 at an average selling price of $62.01 on Thursday, locking in +79.5% in gains in three weeks. That’s absolutely insane market behavior.
My next sell target for SQ isn’t until it breaks into the $80s and my next buy target is $33.15, so this position will likely languish for awhile from here.
SQ closed the week at $59.21, down -4.52% from my average selling price.
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!
Get Irked is a small community made up of helpful, friendly and motivated investors and traders of all levels looking to reach the same goal – the ability to invest profitably in order to achieve financial independence.
Investors of ALL experience levels are welcome.
Join Get Irked by clicking here!
Disclaimer: Eric “Irk” Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes.
As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others.
As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.
You must be logged in to post a comment.