March 5, 2021

 

Risk Disclaimer

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).

Get Irked's Speculation in Play - March 5, 2021

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The Week’s Biggest Winner & Loser

Chevron (CVX)

It’s hard to deny the rotation out of growth and into value with a chart like this – Chevron (CVX) brings in the Week’s Biggest Winner spot with a +9.00% gain with General Electric (GE) close behind at +8.45% for the week – that’s about as clear as it gets that investors are rotating into industrials.

Virgin Galactic (SPCE)

What goes up must come down, and when it comes to Virgin Galactic (SPCE), it always comes down in flames! SPCE dropped an astounding -26.70% to once again earn itself a Week’s Biggest Loser “award.”

Portfolio Allocation

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Positions

%

Target Position Size

Get Irked - Speculation in Play - Current Holdings - March 5, 2021

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Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2020 Year-to-Date Performance

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Year-to-Date Performance

Current Position Performance

Pinterest (PINS)

+677.49%*

1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*

Airlines ETF (JETS)

+528.45%

1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $4.87

Carnival Cruise (CCL)

+507.10%

1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.30

Yeti (YETI)

+440.14%*

1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*

AMD (AMD)

+435.52%*

1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$6.69)*

Virgin Galactic (SPCE)

+225.93%*

1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$35.45)*

Tradeweb Mkts (TW)

+161.61%*

1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.20)*

Chevron (CVX)

+156.47%*

1st Buy: 3/12/2020 @ $76.94
Current Per-Share:  (-$0.07)*

General Electric (GE)

+86.43%*

1st Buy: 3/6/2020 @ $9.40
Current Per-Share: -($1.01)*

Grow Gen. (GRWG)

+83.14%

1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $22.06

DraftKings (DKNG)

+12.37%

1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $52.97

Plug Power (PLUG)

+4.11%

1st Buy: 10/30/2020 @ $14.28
Current Per-Share: $37.75

Uranium ETF (URA)

-0.58%

1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.97

Palantir (PLTR)

-10.30%

1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $26.70

* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment

Recovery Speculation Basket

Airlines ETF

JETS

Carnival Cruise

CCL

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

Virgin Galactic (SPCE): Added to Position

Virgin Galactic (SPCE) has re-entered the atmosphere in a big way, crashing down to Earth the past month since I took profits on February 4 at $59.20. On Thursday, exactly one month later, I decided to replace those shares with a buy order which filled at $29.10, effectively locking in a -50.84% discount.

From here, if SPCE continues to lose altitude, I’ll add some more down at $17.05, something that quite nearly happened during Friday’s epic selloff when SPCE continued to spiral before finding support at just under $24.

In the meantime, I have no additional sell orders seeing as its all-time high is $62.80 and there could be even more upside after that for this crazy bugger.

SPCE closed the week at $27.29, down -6.22% from where I added 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!

Don't get mad, Get Irked and learn how to invest for yourself!

 

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.