August 28, 2020
Risk Disclaimer
The positions in this portfolio are incredibly risky and extremely volatile.
No one at Get Irked is a professional financial adviser (or a doctor), so consult with your own financial adviser to see if any of these positions fit your risk profile (and stomach).
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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
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
CCLVirgin Galactic
SPCEWhat 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!See you next week!
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Disclaimer: Eric "Irk" Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes.
As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others.
As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.
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