June 5, 2020
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The Week's Biggest Winner & Loser
Carnival Cruiselines (CCL)
The state economies have reopened and everyone wants to travel and go to Las Vegas. No, really. Vegas' reopening was so big that Carnival Cruiselines (CCL) jumped +36.66% this week on the possibility people will want to travel. The Airlines ETF (JETS) also saw a huge +33.13% one-week pop. While ignoring their epic YTD loss performances, CCL definitely earned its spot as the week's biggest winner.
Virgin Galactic (SPCE)
With all the excitement going on down here on Earth, it seems no one cares about traveling to space, anymore.
Virgin Galactic (SPCE) saw no love this week, dropping -7.45% while the rest of the market skyrocketed into the stratosphere. SPCE gets this week's Biggest Loser spot.
Portfolio Allocation
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Positions
%
Target Position Size
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Portfolio Breakdown
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Year-to-Date Performance
Current Position Performance
Yeti (YETI)*
+742.27%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$1.48)*
AMD (AMD)*
+549.38%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: -($5.14)*
Virgin Galactic (SPCE)*
+284.22%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Tradeweb Mkts (TW)*
+221.97%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: -($10.10)*
Pinterest (PINS)
+104.30%
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: $10.84
Carnival Cruise (CCL)
+102.04%
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: $10.65
Chevron (CVX)
+80.19%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.95
Airlines ETF (JETS)
+77.76%
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: $11.30
Twitter (TWTR)
+62.62%
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: $21.46
General Electric (GE)
+19.45%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-19.08%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $21.58
6/12 SPY Put Spreads
-98.79%
Cost: $2.48
Current Value $0.03
* Indicates a position where the capital investment was sold.
Profit % for * positions = Current Gross Profit / Original Capital Investment
This Week’s Moves
Pinterest (PINS): Profit-Taking
Pinterest (PINS) rose throughout the week, triggering a sell order I had in place on Thursday which filled at $21.79. The sale took +84.04% in profits on some of the shares I purchased on March 16 for $11.84. It also lowered my per-share cost -5.33% from $11.45 to $10.84.
My next sell target for PINS is around $23.50 with my next buy target at $10.25.
PINS closed the week at $22.13, up +1.56% from where I sold Thursday.
Twitter (TWTR): Profit-Taking
When the market rallied Friday, Twitter (TWTR) shot through a sell target of mine where I took profits at $35.92. The sale locked in +48.31% in gains on shares I bought back on March 16 for $24.22.
The sale also served to lower my per-share cost -10.10% from $23.86 to $21.45. My next sell target is around $39.00 and my buy target is around $21.00-$23.00.
TWTR closed the week at $34.87, down -2.92% from where I sold Friday.
Yeti (YETI): Profit-Taking
During Friday's insane rally following the Better-Than-Feared (BTF) unemployment report, Yeti (YETI) skyrocketed through my next sell price target with an order filling at $36.60.
The sale locked in +43.81% in profits on shares I purchased for $25.45 back on March 9 at the beginning of the selloff and, more importantly, fully removed all capital I had left in the stock, leaving me to play with the house's money.
My next sell target is near Yeti's all-time high at $38.50 with my next buy target down around $19.50.
YETI closed the week at $35.82, down -2.13% from where I sold Friday.
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!
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