July 17, 2020
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The Week's Biggest Winner & Loser
Virgin Galactic (SPCE)
Virgin Galactic (SPCE) rockets +24.94% to land the week's Biggest Winner spot two weeks in a row. What fickle traders these morals be - this stock is once again making monster moves on almost no news (except for a new CEO who used to run ride marketing for Disney (DIS), so maybe that's it, eh?)
Revolve Group (RVLV)
Revolve Group (RVLV) joined many of the other members of the IPO Class of 2019 in pulling back substantially this week. RVLV lost -6.98% to earn its spot as the Biggest Loser.
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)
+860.01%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$14.69)*
AMD (AMD)
+564.35%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Pinterest (PINS)
+401.34%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($0.24)*
Virgin Galactic (SPCE)
+380.05%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Tradeweb Mkts (TW)
+373.42%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $11.46
Twitter (TWTR)
+179.98%
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: $12.79
Airlines ETF (JETS)
+162.82%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Carnival Cruise (CCL)
+128.67%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Chevron (CVX)
+58.01%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.18
General Electric (GE)
+7.17%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-25.85%
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
*No Moves This Week*
None of my positions reached any of my selling targets or buying targets this week, and that's just fine. Sometimes, it's important to sit on your hands and just observe rather than feeling like a move must always be made.
For the moment, the market feels incredibly frothy. Sure, the Federal Reserve is back-stopping the stock market with seemingly-endless liquidity from infinite money printing, but there are so many negative news catalysts on the horizon that it's hard to see how the market can continue rocketing higher like this.
Regardless, this was a week to be patient. Next week is filled with the most companies reporting in the entire earnings season so I'm expecting from very serious volatility for the remainder of July.
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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