May 28, 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
Virgin Galactic (SPCE)
Ever get that feeling of Deja Vu? Well, it’s back… Virgin Galactic (SPCE) had a successful test flight last weekend and rocketed (that pun wrote itself!) back into the stratosphere this week with analyst upgrades powering it to a +48.22% weekly gain, easily earning the Week’s Biggest Winner spot.
Chevron (CVX)
You know it’s a good week when the biggest loser pretty much finished flat on the week. Chevron (CVX) dipped -0.32% and in a week where none of the other positions finished in the red, that earns Chevron 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)
+658.52%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($33.69)*
Carnival Cruise (CCL)
+587.84%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.30
Airlines ETF (JETS)
+551.88%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $4.87
Yeti (YETI)
+486.68%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$142.16)*
AMD (AMD)
+264.00%
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: $22.00
Virgin Galactic (SPCE)
+270.60%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$18.87)*
Tradeweb Mkts (TW)
+181.60%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($128.20)*
Chevron (CVX)
+150.69%*
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: (-$0.07)*
General Electric (GE)
+89.16%*
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: -($1.01)*
Grow Gen. (GRWG)
+63.75%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $27.12
Uranium ETF (URA)
+21.76%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.97
DraftKings (DKNG)
-3.01%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $51.50
Palantir (PLTR)
-6.01%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $24.42
SPY Put Spreads 6/4
-92.95%
Cost: $0.993
Current Value: $0.07
* 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
Speculation is a funny thing…
You’d think a speculative portfolio would mean a lot more trades and moves taking place, but, for me, the Speculation in Play portfolio is all about the kinds of positions, not the way I trade them.
As always, the purpose of this portfolio is to take higher-risk bets, but I still know that I’m not a day-trader. Believe me, I’ve tried. I’ve gotten out there and just blown cash thinking I could figure it out only to fail.
For me, swing trading (or short-term investing) is the name of the game, waiting for positions I’m interested in to reach levels I think are cheap, buying them, and then taking profits when I can.
So, this is all a long way of saying there were no moves this week. We’ll get to see what happens as we enter into the summer next week.
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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