September 2, 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).
Click image to bring up larger version.
The Week’s Biggest Winner & Loser
Uranium ETF (URA)
The bloom has not been eradiated from the rose, yet, as the uranium sector continued higher this week, letting the Uranium ETF (URA) earn its second-in-a-row weekly win with just a +1.84% gain. In this kind of market, however, any gain can make you the Week’s Biggest Winner.
AMD (AMD)
While Congress’s ban on selling high-end processors to China didn’t hit AMD (AMD) as hard as it hit competitor Nvidia (NVDA), AMD did feel the burn this week, dropping -12.00% and earning itself the spot of the Week’s Biggest Loser.
Portfolio Allocation
Positions
%
Target Position Size
Click image to bring up larger version.
Portfolio Breakdown
Click image to bring up larger version.
Year-to-Date Performance
Current Position Performance
AMD (AMD)
+543.67%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($132.50)
Yeti (YETI)
+345.27%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Pinterest (PINS)
+331.32%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($13.50)*
Virgin Galactic (SPCE)
+163.77%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$5.65)*
Tradeweb Mkts (TW)
+154.18%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($23.54)*
Airlines ETF (JETS)
+63.67%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $10.40
Uranium ETF (URA)
+25.32%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.70
Carnival Cruise (CCL)
+22.78%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $7.64
Las Vegas Sands (LVS)
+12.63%
1st Buy: 8/12/2021 @ $40.50
Current Per-Share: $32.15
Wendy’s (WEN)
-18.92%
1st Buy: 6/9/2021 @ $28.50
Current Per-Share: $23.83
Zillow (Z)
-37.06%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $54.10
Golden Mine. (AUMN)
-39.23%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.4277
DraftKings (DKNG)
-44.48%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $27.90
Palantir (PLTR)
-56.19%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.90
Danimer Sci (DNMR)
-59.70%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $10.00
Grow Gen. (GRWG)
-73.39%
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)
+241.85%*
1st Buy: 3/6/2020 @ $76.94
Current Per-Share: -($0.06)*
General Electric (GE)
+66.51%*
1st Buy: 12/12/2018 @ $54.80
Current Per-Share: -($63.21)*
Canadian Pal (DCNNF)
-32.06%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Fabled Gold (FBSGF)
-44.18%
1st Buy: 7/23/2021 @ $0.1036
Current Per-Share: $0.0827
Actual Cash
35.60%
This is the actual amount of cash when
accounting for the positions in this table.
This Week’s Moves
The Seasons, they are are A-Changin’…
How quickly the seasons come and go both in the real world and in the stock market. The Speculation in Play portfolio only just made it into Selling Season last week with me finally taking profits in some of the high flyers, just in time to have the entire market roll over and poop all over my parade.
This week, the Speculation in Play portfolio is back in No Man’s Land. The entire market quickly exited Selling Season and it’s even entered Buying Season in some of the other areas of Get Irked… just not Speculation in Play.
Sitting on my hands doing nothing can definitely be boring, particularly when everyone seems to be panicking about the selloff and it looks like there could be good deals, however, I’ve learned to stick to my discipline. September is notoriously the worst month of the year for stocks and this year appears to be no different.
So, while I didn’t make any moves here this week, I wouldn’t be surprised if next week sees some “buying opportunities” present themselves if the market keeps heading on its current trajectory.
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!
Ways to give back to GetIrked:
Send me a tip via Stripe! Thank you!
Get free money by signing up for an account with my referral link for Schwab
Sign up for Gemini and we each get $10
Click this referral link to get the Brave Browser
If you use Brave, you can also use the Tip function to tip me in Basic Attention Token (BAT).
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.
You must be logged in to post a comment.