May 20, 2022
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
DraftKings (DKNG)
In another down week, DraftKings (DKNG) made a bet with the devil… and won! DKNG gained +11.26% over the course of the week, and while it’s still down nearly -50% on the year, this impressive feat earned DKNG the spot of the Week’s Biggest Winner!
Carnival Cruiselines (CCL)
Carnival Cruiselines (CCL) sank -8.12% on the back of news that the consumer might start tightening their pursestrings, not a good plan for a superfluous travel sector like cruise lines. CCL swung in and snagged the spot of the Week’s Biggest Loser with this drop.
Portfolio Allocation
Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
AMD (AMD)
+552.06%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($29.02)
Yeti (YETI)
+386.61%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+338.10%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($8.85)*
Airlines ETF (JETS)
+214.05%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $9.00
Virgin Galactic (SPCE)
+175.73%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+152.32%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.57)*
Carnival Cruise (CCL)
+88.92%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $6.95
Uranium ETF (URA)
+12.21%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $18.60
Las Vegas Sands (LVS)
+4.07%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Golden Mine. (AUMN)
-17.85%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4443
Zillow (Z)
-24.29%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Wendy’s (WEN)
-30.75%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $24.00
DraftKings (DKNG)
-49.71%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-52.16%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-58.10%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
Grow Gen. (GRWG)
-69.33%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $16.50
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
Cash Position Performance
The below positions are no longer actively covered each week and are instead reflected in the portfolio’s “Cash” position. Many readers mentioned wanting to still see these positions’ ongoing performance so these positions will be updated weekly in the table below.
Chevron (CVX)
+254.94%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+67.85%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-13.18%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-21.40%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
30.29%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
In the swing of things…
If you read my Week in Review, you’ll see that I often refer to the market being in a “Buying Season” or a “Selling Season,” indicating what the overall macro move is that I’m doing in my portfolios – adding to positions or taking profits, respectively.
In a volatile market like we’re in right now, the “seasons” become much shorter-term “swings.” For example, last week was a “Buying Swing” when the market’s dramatic and extremely quick selloff presented a number of opportunities for me to add to positions in all three of my portfolios.
This week, we’ve “swung” back. Not into a profit-taking swing, to be sure, but into a dead zone where it’s time to wait for the market to make it’s next big move. Despite the S&P 500 and NASDAQ selling off dramatically this week, because of the huge rally last Friday, the selloff basically brought us back to where we were at the lows of last week… meaning there were no new buying opportunities for the Speculation in Play portfolio and only one buy (in Boeing (BA)) over in the Investments in Play portfolio.
… and that’s fine.
It’s perfectly okay to have a week where very little happens. In addition to giving us a chance to breathe, an uneventful week provides investors with time to review their buying plan and determine their next targets to add to positions (and to take profits, should the market allow for that).
I hope you all had a restful week and I’ll see you back here next Friday!
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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