December 31, 2020
The positions in this portfolio are incredibly risky and extremely volatile.
No one at Get Irked is a professional financial adviser (or a doctor), so consult with your own financial adviser to see if any of these positions fit your risk profile (and stomach).
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The Week’s Biggest Winner & Loser
Carnival Cruise Lines (CCL)
For the last week of the year, Carnival Cruise Lines (CCL) locks in the win with a gain of +3.93%, making it our Week’s Biggest Winner.
Virgin Galactic (SPCE)
Somehow fitting that a very different kind of cruise-line should be the Week’s Biggest Loser on the same week CCL wins it – Virgin Galactic (SPCE) dropped -8.20% to become the Week’s Biggest Loser.
The Year’s Biggest Winner & Loser
Grow Generation (GRWG)
Without question, Grow Generation (GRWG) is the Year’s Biggest Winner with an astounding +869.16% gain, besting second-in-line Pinterest’s (PINS) +253.54% YTD gain by nearly quadruple! Crazy!
Carnival Cruise Lines (CCL)
The reason I got into this position to begin with – Carnival Cruise Lines (CCL) was positively decimated by Covid-19. Even while making a pretty remarkable comeback from its March lows, CCL is still down a devastating -57.39% for the year!
Target Position Size
Current Position Performance
Tradeweb Mkts (TW)
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $7.04
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($58.79)*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$107.72)*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
Virgin Galactic (SPCE)
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Grow Gen. (GRWG)
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: (-$0.19)*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-0.07)*
Plug Power (PLUG)
1st Buy: 10/30/2020 @ $14.28
Current Per-Share: (-$0.28)*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$45.02)*
Carnival Cruise (CCL)
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Airlines ETF (JETS)
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$3.72)*
General Electric (GE)
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $5.07
1/29 SPY Put Spreads
Current Value: $2.17
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment
Recovery Speculation Basket
What is the Recovery Speculation Basket?
The Recovery Speculation Basket (“Recovery Spec”) represents stocks that will thrive if vaccines are released quickly and we return to normal but have the likelihood of collapsing if more lockdowns occur. These positions are too speculative to have their own allocation and share a single allocation.
Currently, my Recovery Spec stocks are as follows: the Airlines Exchange Traded Fund (JETS) and Carnival Cruise Lines (CCL). They are listed as a single allocation in the portfolio breakdown chart each week.
This Week’s Moves
Strategy Update: Let’s get aggressive in 2021
Whenever I have a week with no trades, I like to review my current strategies to see if I want to make any changes. For 2021, I have decided to get more aggressive with my speculative portfolio.
Taking chances paid off in spades for the Speculation in Play portfolio this year, closing out the year with a whopping +53.75% gain.
That’s more than 10% over the more conservative Investments in Play portfolio and an outstanding +37.49% improvement over the S&P 500’s “measly” +16.26%.
Although that’s actually an outstanding performance for the index, historically.
In 2021, while I expect we’ll see some volatility, unless there’s another Black Swan Event like the coronavirus, I don’t think 2021 will look anything as crazy as 2020. Accordingly, I have raised the price targets for my positions and even have at least one new one I’m eyeing to add to the portfolio.
Typically, I don’t keep a public Shopping List for my speculative positions since I change the figures rapidly and sometimes will use intraday pricing to do so. Plus, as always, all information provided on GetIrked.com is for educational and entertainment purposes only.
With that being said, here are my current price targets where I’ll start adding more to my existing positions and open a new one (marked with an asterisk):
Airlines ETF (JETS): $19.95
AMD (AMD): $84.70
Carnival Cruise Lines (CCL): $20.20
Chevron (CVX): $68.90
General Electric (GE): $5.53
Grow Generation (GRWG): $24.90
Pinterest (PINS): $42.90
Palantir (PLTR)*: $21.40
Plug Power (PLUG): $26.70
Tradeweb Markets (TW): $57.90
Twitter (TWTR): $42.70
Virgin Galactic (SPCE): $21.60
Yeti (YETI): $48.90
I hope you’ve enjoyed following along with my portfolio moves over the years. I look forward to sharing the experience again with everyone in 2021!
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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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.