April 17, 2020
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
Virgin Galactic (SPCE)
When you’re headed to outer space, how can any market keep you down? Virgin Galactic (SPCE) is once again our Weekly Winner with a +23.77% gain for the week and a +63.64% gain year-to-date.
General Electric (GE)
Industrials always get smacked during a recession so General Electric (GE) got the beat-down this week, earning itself the spot of our Weekly Loser with a -4.20% loss.
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)*
+546.64%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($1.29)*
Virgin Galactic (SPCE)*
+320.45%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Tradeweb Mkts (TW)
+108.23%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $24.80
Yeti (YETI)
+61.52%
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: $15.12
Pinterest (PINS)
+34.42%
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: $12.99
Chevron (CVX)
+30.93%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $66.58
Carnival Cruise (CCL)
+5.31%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $11.93
Twitter (TWTR)
+2.69%
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: $26.00
General Electric (GE)
-11.16%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $7.70
Revolve Group (RVLV)
-45.54%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $21.58
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment
This Week’s Moves
Tradeweb Markets (TW): Profit-Taking
Tradeweb Markets (TW) continues to outperform even in a volatile market, heading higher later in the week when the rest of the market was headed lower. TW triggered sell orders which filled at an average price of $51.95 and locking in +45.89% in profits on shares I bought less than a month ago for $35.61.
The sales lowered my per-share cost -26.74% from $33.85 to $24.80. My next buy target is $37.60 and my next sell target is much higher at $65-66.
TW closed the week at $51.63, down -0.62% from where I sold Wednesday.
Yeti (YETI): Profit-Taking
Yeti (YETI) has always been an incredibly volatile stock, and this sell-off shows the magnitude of the volatility when I took +49.70% in profits on Tuesday at $24.85 on shares I bought less than a month ago at $16.60.
The relatively small sale reduced my per-share cost a substantial -6.38% from $16.15 to $15.12. My next sell target for the stock is near past significant resistance at $36.55 where I’ll sell enough shares to pull out the investing capital, but hold on to the remainder to see if Yeti’s brave enough to break its all-time high near $38-39.
My next buy will be if YETI retraces slightly past the 78.6% mark of its recent run and triggers a buy order around $16.70.
YETI closed the week at $24.42, down -1.73% from where I sold on Tuesday.
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!
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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