March 1, 2024
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
Advanced Micro (AMD)
When computer manufacturer, Dell Technologies (DELL), reported a blowout quarter thanks to sales of its Artificial Intelligence servers powered by Advanced Micro Devices’ (AMD) chips, the stocks of both companies skyrocketed to end the week. AMD rallied +14.81%, easily coming in as the Week’s Biggest Winner.
Tilray Brands (TLRY)
As is custom, I don’t acknowledge any of my short positions as the Week’s Biggest Loser which brings this dubious honor down on Tilray Brands’ (TLRY) illustrious shoulders. It was a mixed week for cannabis stocks as some of them rallied – GrowGeneration (GRWG) right in this portfolio – while others sold off. It was the latter for TLRY, selling off -1.70% which was enough to earn it the spot of the Biggest Loser this time around.
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)
+824.98%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$851.26)*
Pinterest (PINS)
+435.14%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: (-$45.39)*
Yeti (YETI)
+394.58%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$145.01)*
Uranium ETF (URA)
+152.62%
1st Buy: 2/23/2021 @ $17.97
Current Per-Share: $11.21
Virgin Galactic (SPCE)
+91.05%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$2.20)*
Palantir (PLTR)
+76.62%
1st Buy: 2/12/2021 @ $31.50
Current Per-Share: $14.12
DraftKings (DKNG)
+52.71%
1st Buy: 1/29/2021 @ $52.97
Current Per-Share: $28.51
Tilray Brands (TLRY)
+46.74%*
1st Buy: 9/21/2018 @ $128.97
Current Per-Share: (-$3.75)*
Sprott Gold Trust (PHYS)
+10.62%
1st Buy: 6/5/2023 @ $15.25
Current Per-Share: $14.60
The “VIX” (VXX)
-25.38%
1st Buy: 11/2/2023 @ $21.75
Current Per-Share: $18.20
Short SPY (SPXU)
-30.20%
1st Buy: 3/9/2023 @ $14.75
Current Per-Share: $10.00
Short QQQ (QID)
-34.40%
1st Buy: 3/7/2023 @ $20.20
Current Per-Share: $13.75
U.S. Natural Gas (UNG)
-39.61%
1st Buy: 1/30/2023 @ $37.20
Current Per-Share: $27.21
Grow Gen (GRWG)
-83.84%
1st Buy: 10/30/2020 @ $16.04
Current Per-Share: $13.55
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Total Profit / Original Capital Investment
This Week’s Moves
Short Nasdaq ETF (QID): Added to Position
Somebody stop me! I can’t stop throwing good money after bad with my leveraged plays against the market! 🤣
When the Nasdaq hit new highs on Friday, it triggered my next buy order in the ProShares UltraShort QQQ ETF (QID) which added 4.00% to my position at $9.00.
The buy lowered my per-share cost -2.14% from $14.05 to $13.75. From here, I will add more (why not? It’s a speculative portfolio, after all… 🤣) at $7.45, right around a Fibonacci Retracement level.
I will start dramatically reducing the position if we see a potential March selloff drive QID to my cost basis at $13.75.
Hey, I’m basically guaranteeing this bull rally will never end, people! 😅👍
QID closed the week at $9.02, up -0.22% from where I added on Friday.
