April 1, 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).
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The Week’s Biggest Winner & Loser
Grow Generation (GRWG)
Grow Generation (GRWG) has truly been the take-a-step-forward, take-a-step-backward position in the portfolio this year, alternating between Biggest Loser and Biggest Winner each week.
Well, this week GRWG earned itself +14.89% after New York State started hinting at the potential of recreational use legalization, and that lands Grow Gen the spot of the Week’s Biggest Winner.
Chevron (CVX)
While the energy sector was the biggest winner in the market for Q1-2021, it was time for some profit-taking this week as sellers sent Chevron (CVX) down -1.61%.
Although that’s not a bad drop at all, it’s the worst in the portfolio which earns CVX 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
Pinterest (PINS)
+741.29%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*
Airlines ETF (JETS)
+555.99%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $4.87
Carnival Cruise (CCL)
+525.01%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.30
Yeti (YETI)
+457.40%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
AMD (AMD)
+448.66%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$6.69)*
Virgin Galactic (SPCE)
+238.39%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$35.45)*
Tradeweb Mkts (TW)
+168.65%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.18)*
Chevron (CVX)
+153.53%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-$0.07)*
Grow Gen. (GRWG)
+129.15%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $22.06
General Electric (GE)
+84.54%*
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: -($1.01)*
DraftKings (DKNG)
+18.71%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $52.97
Uranium ETF (URA)
+9.13%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.97
Palantir (PLTR)
-10.06%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $25.65
* 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
CCLWhat 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
Palantir Technologies (PLTR): Added to Position
Weakness struck the entire markets on Monday with high-flying speculative names like Palantir Technologies (PLTR) getting hit hard. PLTR fell through my buy price target with an order that filled at $21.45.
The order reduced my per-share cost -3.93% from $26.70 to $25.60. From here, my next buy price target is under the $20 mark at $18.15. Given the growth in the size of the position, I will take profits now if PLTR makes an attempt for its all-time high of $45.00.
PLTR closed the week at $23.07, up +7.55% from where I added Monday.
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.
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