August 7, 2020
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The Week's Biggest Winner & Loser
AMD (AMD)
AMD (AMD) can do no wrong, gaining an additional +9.58% on no news to earn itself another week on the Biggest Winner spot. What else can I say about this stock? AMD is the darling of the tech sector right now!
Virgin Galactic (SPCE)
One of the most poetic elements of Virgin Galactic (SPCE) is how the stock acts exactly as the product - it rockets into the stratosphere one minute and collapses back to Earth the next.
This week, it was one of those "collapsing back to Earth" moments as SPCE lost -18.71% to earn itself the spot of 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)
+917.05%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$44.50)*
AMD (AMD)
+794.37%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Pinterest (PINS)
+521.30%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($10.25)*
Tradeweb Mkts (TW)
+361.29%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $11.46
Virgin Galactic (SPCE)
+312.92%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Twitter (TWTR)
+224.71%*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$0.01)*
Airlines ETF (JETS)
+163.37%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Carnival Cruise (CCL)
+126.50%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Chevron (CVX)
+57.30%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.18
General Electric (GE)
-2.84%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-18.25%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $21.58
SPY Aug 31 Put Spread
-57.91%
Cost: $1.39
Current Value: $0.585
* 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
Pinterest (PINS) kicked off the week by immediately making a new all-time high on Monday morning, shooting straight through my next sell target with my order filling at $36.66.
The order sold the last few shares that I bought on March 12 for $13.02, locking in 181.57% in gains in less than 5 months, and taking more profits out of the position, lowering my per-share cost to -$10.25 per share (i.e. each share I hold in the portfolio now costs me nothing and nets $10.25 in gains to the portfolio).
For the moment, I have no additional sell orders in the stock with my next buy target way down near PINS' 200-day Moving Average around $20.50.
PINS closed the week at $34.98, down -4.58% from where I sold Monday.
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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