August 28, 2020
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The Week's Biggest Winner & Loser
Carnival Cruise Lines (CCL)
The announcement of a 5-minute Covid test which can be purchased Over The Counter (OTC) sent the entire market higher witha specific focus on the Covid recovery plays like cruiselines and airlines. Hence, Carnival Cruise Lines (CCL) locks in a +17.47% gain and this week's Biggest Winner spot.
Yeti (YETI)
Yeti's (YETI) had such a monster run thanks to the outdoor activities of Covid, it's not a surprise it took a breather this week, but losing just -0.89% did qualify it for the week's Biggest Loser thanks to such an outrageous up week everywhere else.
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
AMD (AMD)
+563.53%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Pinterest (PINS)
+524.66%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($10.25)*
Yeti (YETI)
+505.68%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$44.50)*
Virgin Galactic (SPCE)
+195.10%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Twitter (TWTR)
+191.42%*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$0.01)*
Carnival Cruise (CCL)
+179.21%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Airlines ETF (JETS)
+169.23%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Tradeweb Mkts (TW)
+165.59%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $21.50
Chevron (CVX)
+55.18%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $55.18
General Electric (GE)
+0.35%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-1.21%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $20.36
SPY Aug 31 Put Spread
-99.28%
Cost: $1.39
Current Value: $0.01
* 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*
That's two weeks in a row where I sat on my hands and watched the trades fly by. How painfully boring! But, you know what? That's all good because there are no called strikes in this game. Better to wait for the right pitch like I did in my Pandemic Portfolio rather than to swing at a nasty throw.
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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