June 26, 2020
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The Week's Biggest Winner & Loser
Yeti (YETI)
As economies reopened and states eased restrictions, consumers headed outdoors... a great sign for Yeti (YETI) maker of coolers and equipment specifically for enjoying the outdoors. The stock jumped +5.62% in a down week, locking in nearly +20% for the year and earning itself the spot of the week's Biggest Winner!
Twitter (TWTR)
Twitter (TWTR) really took it on the chin this week, losing -13.05% for the week's Biggest Loser spot. After advertisers started leaving Facebook (FB) in droves over its failure to enforce hate and violent speech limitations, advertisers painted Twitter with the same brush, with some announcing a halt to all social media advertising in 2020.
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)
+826.17%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$14.69)*
AMD (AMD)
+526.23%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Virgin Galactic (SPCE)
+281.67%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Tradeweb Mkts (TW)
+217.73%*
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: (-$10.09)*
Pinterest (PINS)
+198.32%
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: $7.24
Airlines ETF (JETS)
+161.16%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Carnival Cruise (CCL)
+129.21%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Chevron (CVX)
+56.69%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.18
Twitter (TWTR)
+35.48%
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: $21.46
General Electric (GE)
-1.77%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-29.97%
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
Super-Speculative Basket
Airlines ETF
JETS
Carnival Cruise
CCL
Virgin Galactic
SPCE
What is the Super-Speculative Basket?
The Super Speculative Basket ("Super-Spec") is made up of a handful of stocks so incredibly volatile that I'm uncomfortable giving any of them full allocations in my portfolio, instead dividing a single allocation among all of them.
Currently, my Super-Spec stocks are as follows: the Airlines ETF (JETS), Carnival Cruise Lines (CCL), and Virgin Galactic (SPCE). They are listed as a single allocation in the portfolio breakdown chart each week.
This Week’s Moves
Pinterest (PINS): Profit-Taking
It was time to take more profits in Pinterest (PINS) when it made a stab at its high since the pandemic started on Tuesday with a sell order filling at $24.24. The sale took +81.44% in profits on 1/3 of the shares I bought back on March 12 for $13.36.
The sale also lowered my per-share cost -14.42% from $8.46 to $7.24. My next sell target for the stock is $26.85 and my next buy target is $13.85.
PINS closed the week at $21.61, down -10.85% from where I sold 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!
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