May 26, 2023
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
Adv Micro Devices (AMD)
Well, well, well. Look who got hit with the Artificial Intelligence profit raygun this week? No, not Nvidia (NVDA) which certainly did, but competitor Advanced Micro Devices (AMD).
Any stock having anything to do with AI rocketed higher this week, and with AMD’s recent agreement with Microsoft (MSFT) to develop AI chips, AMD was an easy target, popping +20.04% and winning the week.
Virgin Galactic (SPCE)
After rallying for weeks going into this week’s test launch – its last before starting to commercial space flight – Virgin Galactic (SPCE) got smacked down to Earth hard on… no real news.
In what I can only assume was a “Sell the News” event (the test spaceflight was successful so there wasn’t a negative news catalyst out there), SPCE sold off -22.48% during a week that saw a lot of the sketchier names get significant pops.
This lands the Virgin in the spot of 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
AMD (AMD)
+669.67%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Airlines ETF (JETS)
+361.46%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: 3.95
Pinterest (PINS)
+355.06%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Yeti (YETI)
+348.70%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Carnival Cruise (CCL)
+147.78%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.56
Virgin Galactic (SPCE)
+126.26%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.00)*
Uranium ETF (URA)
+11.84%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.66
Short SPY (SPXU)
-6.46`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $13.55
Regional Banks ETF (KRE)
-7.00%
1st Buy: 3/13/2023 @ $44.17
Current Per-Share: $43.33
Lyft (LYFT)
-8.42%
1st Buy: 3/2/2023 @ $9.75
Current Per-Share: $9.15
Zillow (Z)
-9.47%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $49.65
Palantir (PLTR)
-17.52%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.55
Short QQQ (QID)
-18.20%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $18.30
U.S. Natural Gas (UNG)
-19.58%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
DraftKings (DKNG)
-29.26%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $33.06
Golden Mine. (AUMN)
-39.01%
1st Buy: 7/29/2021 @ $0.5316
Current Per-Share: $0.2800
Canadian Pal (DCNNF)
-53.69%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Danimer Sci (DNMR)
-64.80%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Grow Gen. (GRWG)
-76.11%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Fabled Gold (FBSGF)
-97.26%
1st Buy: 7/23/2021 @ $0.5180
Current Per-Share: $0.4135
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
This Week’s Moves
Short QQQ (QID): Added to Position
Nvidia’s (NVDA) blowout quarter caused the Nasdaq to explode at the open on Thursday which, naturally, caused my ProShares UltraShort QQQ ETF (QID) to sell off and trigger my next order which filled at $15.80. As the tech rally continues higher, I will continue to add to my short position in the speculative portfolio just as a means of hedging (if only slightly) against the huge gains I’m seeing over in the Investments in Play portfolio.
The buy lowered my per-share cost -1.35% from $18.55 to $18.30. From here, my next buy target is $14.70, a price calculated using the Fibonacci Method, and my next sell target is $18.80, slightly below a point of resistance QID has seen in the past.
QID closed the week at $14.97, down -5.25% from where I added Thursday.
