April 23, 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
Palantir Tech (PLTR)
Palantir Tech (PLTR) has been getting beaten down week after week so it was a nice breath of fresh air when the beating stopped this week (and moved on to the rest of the markets).
PLTR locked in +4.18% in gains to earn the spot of the Week’s Biggest Winner.
Virgin Galactic (SPCE)
The news that Richard Branson sold many of his shares in the position continues to rock Virgin Galactic’s (SPCE) world, knocking it down an additional -5.14% to earn itself a hat-trick of Week’s Biggest Losers (for you non-hockey types, that means SPCE has been the Biggest Loser for three weeks in a row!)
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)
+723.06%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*
Carnival Cruise (CCL)
+534.55%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.30
Airlines ETF (JETS)
+533.38%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $4.87
Yeti (YETI)
+487.16%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
AMD (AMD)
+457.19%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$6.69)*
Virgin Galactic (SPCE)
+207.45%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$35.45)*
Tradeweb Mkts (TW)
+175.85%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.18)*
Chevron (CVX)
+147.44%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-$0.07)*
Grow Gen. (GRWG)
+104.58%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $22.06
General Electric (GE)
+86.14%*
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: -($1.01)*
DraftKings (DKNG)
+9.72%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $52.97
Uranium ETF (URA)
+6.01%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.97
Palantir (PLTR)
-8.73%
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
The Hand-Sitting Continues…
It was another week of doing nothing but watch the positions in the speculative portfolio float through the market. My Speculation in Play portfolio has taught me a lot about speculation – for example, if there’s nothing to speculate on, don’t.
Don’t force a trade if there isn’t one there. Wait.
And, although it’s frustrating the portfolio is down -1.16% Year-To-Date (YTD) versus the S&P 500’s gain of +11.29%, I prefer to look at the two-year numbers.
Since January 1, 2020, the S&P 500 is up +27.55%. The Speculation in Play portfolio, on the other hand, is up +52.59!
Yeah, I can live with a little YTD underperformance to protect those longer-term gains…
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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