July 2, 2020
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The Week’s Biggest Winner & Loser
Tesla (TSLA)
Who needs fireworks when you’ve got Tesla’s (TSLA) stock?! After leaking a memo that the company might surprise to the upside by breaking even for Q2, CEO Elon Musk reported they would be meeting their deliveries for the quarter, causing the stock to skyrocket +25.94% for the week, making an all-time high over $1,200, exceeding the market cap of Toyota Motors (TM), previously the world’s biggest car company, and basically just stunning the globe to become the Biggest Winner for the week!
JP Morgan (JPM)
Many market analysts will say it’s a bad sign if the financials don’t lead the market higher, and if that’s the case, we’re in trouble as both JP Morgan (JPM) and Citigroup (C) have substantially underperformed the markets for weeks now. The current week was no exception, with JP Morgan earning a paltry 0.08%, landing 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
Boeing (BA)
+639.10%*
1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$372.32)*
Square (SQ)
+627.48%*
1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$52.30)*
Disney (DIS)
+624.97%
1st Buy 2/14/2012 @ $41.70
Current Per-Share: $17.95
Apple (AAPL)
+564.28%*
1st Buy 4/18/2013 @ $56.38
Current Per-Share: (-$172.20)*
Take Two (TTWO)
+462.52%
1st Buy 10/9/2018 @ $128.40
Current Per-Share: $31.22
Nike (NKE)
+391.70%*
1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$25.20)*
Nvidia (NVDA)
+381.43%*
1st Buy 9/6/2016 @ $63.10
Current Per-Share: (-$14.99)*
Twilio (TWLO)
+231.84%*
1st Buy 8/8/2019 @ $125.71
Current Per-Share: (-$16.25)*
IDEXX Lab (IDXX)
+212.92%
1st Buy 7/26/2017 @ $167.29
Current Per-Share: $106.98
Salesforce (CRM)
+140.84%
1st Buy 6/11/2018 @ $134.05
Current Per-Share: $79.91
Tesla (TSLA)
+136.71%*
1st Buy 3/12/2020 @ $556.49
Current Per-Share: (-$59.31)*
Logitech (LOGI)
+130.80%
1st Buy 11/11/2016 @ $24.20
Current Per-Share: $28.13
IBM (IBM)
+64.90%
1st Buy 11/6/2018 @ $120.87
Current Per-Share: $72.57
Skyworks (SWKS)
+48.57%
1st Buy 1/31/2020 @ $113.60
Current Per-Share: $86.44
Berkshire (BRK.B)
+25.73%
1st Buy 8/2/2019 @ $199.96
Current Per-Share: $142.22
GW Pharm (GWPH)
+13.06%
1st Buy 7/25/2018 @ $142.28
Current Per-Share: $110.87
Canopy (CGC)
+12.15%
1st Buy 5/24/2018 @ $29.53
Current Per-Share: $14.65
Dow (DOW)
+4.51%
1st Buy 5/13/2019 @ $53.18
Current Per-Share: $39.80
JP Morgan (JPM)
+3.11%
1st Buy 10/26/2017 @ $102.30
Current Per-Share: $89.88
Citigroup (C)
-2.71%
1st Buy 10/26/2017 @ $74.06
Current Per-Share: $51.96
* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Original Capital Investment
A negative share price indicates the dollar amount of profit for each share currently held.
This Week’s Moves
Logitech (LOGI): Profit-Taking
Logitech (LOGI) once again made new all-time highs this week, breaking through the $65.00 mark and triggering a trailing-stop-loss order I had in place which filled at $64.98 on Tuesday.
The sale took +126.02% in gains from my then-$28.75 per-share cost and lowered my per-share cost -2.16% from $28.75 to $28.13. My next sell target is at $73.50 and my next buy target is $47.30.
LOGI closed the week at $64.93, down -$0.05 from where I sold Tuesday.
Square (SQ): Profit-Taking
Square (SQ) continued to skyrocket this week, hitting yet another milestone on Wednesday which required me to take profits at $115.44. The sale took +106.62% in gains on shares I bought back on March 12 at $55.87.
Even Wednesday’s sale only barely reduced my allocation below the portfolio’s target of 6.67%, leaving Square as my biggest holding at 6.60% of the portfolio. From here, my next sell target is $121.60 and my next buy target is $71.30.
SQ closed the week at $113.33, down -1.83% from where I sold Wednesday.
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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