June 16, 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
Carnival Cruise Lines (CCL)
The cruiselines sector exploded to the upside this week when Carnival Cruise Lines (CCL) announced stellar bookings that far exceeded analyst expectations. As a result, CCL popped a whopping +20.53% this week and “cruised in” as the Week’s Biggest Winner.
Short SPY (SPXU)
When the S&P 500 rallies +2.58% in a week, of course my short play, the inverse ETF from ProShares SPXU, goes the opposite way… dramatically. The SPXU performed as it should and dropped nearly 3X the amount of SPY, -7.25%, and landed in as 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
AMD (AMD)
+651.80%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$135.01)*
Pinterest (PINS)
+362.61%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($29.14)*
Yeti (YETI)
+342.60%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$45.80)*
Carnival Cruise (CCL)
+246.84%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $4.56
Virgin Galactic (SPCE)
+153.10%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$3.00)*
Airlines ETF (JETS)
+89.02%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$4.17)*
Uranium ETF (URA)
+27.86%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $17.66
Lyft (LYFT)
+17.49%
1st Buy: 3/2/2023 @ $9.75
Current Per-Share: $8.75
Sprott Gold Trust (PHYS)
-0.13%
1st Buy: 6/5/2023 @ $15.25
Current Per-Share: $15.25
Regional Banks ETF (KRE)
-0.51%
1st Buy: 3/13/2023 @ $44.17
Current Per-Share: $43.33
Palantir (PLTR)
-0.85%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $16.45
Zillow (Z)
-5.94%
1st Buy: 11/18/2021 @ $57.13
Current Per-Share: $49.65
U.S. Natural Gas (UNG)
-12.85%
1st Buy: 1/30/2023 @ $9.30
Current Per-Share: $8.25
Short SPY (SPXU)
-16.59`%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $13.20
Short QQQ (QID)
-23.54%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $17.65
DraftKings (DKNG)
-25.84%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $33.06
Canadian Pal (DCNNF)
-58.32%
1st Buy: 7/19/2021 @ $0.1000
Current Per-Share: $0.0691
Golden Mine. (AUMN)
-64.36%
1st Buy: 7/29/2021 @ $13.29
Current Per-Share: $6.37
Danimer Sci (DNMR)
-66.14%
1st Buy: 10/20/2021 @ $15.00
Current Per-Share: $8.55
Grow Gen. (GRWG)
-75.91%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $14.90
Fabled Gold (FBSGF)
-95.50%
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
Airlines ETF (JETS): Profit-Taking
As a sector, the airlines have been positively taking off (pun intended), and, on Thursday, the Airlines ETF (JETS) triggered my next sell order which filled at $20.45, locking in +17.39% in gains on shares I bought for $17.42 less than three months ago on March 17.
The sale also removed all capital out of the position, lowering my per-share cost -$8.12 from $3.95 down to -$4.17 (a negative per-share cost indicates all capital has been removed in addition to $4.17 per share added to the portfolio’s bottom line in addition to each share’s current value).
From here, my next buy target is $17.11, slightly above JETS’ $17.00 low from earlier this year, and my next sell target is $28.77, slightly below JETS’ all-time high since the pandemic from back in 2021.
JETS closed the week at $20.57, up +0.59% from where I took profits Thursday.
Short QQQ (QID): Added to Position
When the NASDAQ continued to rally throughout the week, my short position through the inverse ProShares ETF (QID) sold off and triggered my next buy order which filled at $13.55 on Thursday. The buy lowered my per-share cost -1.94% from $18.00 to $17.65.
From here, my next buy target is $12.75, a price calculated using the Fibonacci Method, and my next sell target is $17.93, a bit under a point of resistance QID has seen in the past.
QID closed the week at $13.50, down -0.37% from where I added Thursday.
