September 18, 2020
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The Week's Biggest Winner & Loser
General Electric (GE)
I know... how in the name of everything holy did General Electric (GW) jump +15.63% in a week and earn the Biggest Winner spot?
Well, by having its rock-solid CEO announce that GE expects to be cashflow positive within the next year, that's how. This beaten-up stalwart of the stock market may not be as dead as most thought.
Carnival Cruise Lines (CCL)
Turns out no one wants to cruise when there's a resurgence of a super-contagious disease in the middle of a pandemic. Who knew?
Carnival Cruise Lines (CCL) got positively slammed, down -13.45%, to earn itself the spot of the week's 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
Pinterest (PINS)
+539.00%*
1st Buy: 5/16/2019 @ $25.72
Current Per-Share: -($10.25)*
AMD (AMD)
+509.25%*
1st Buy: 1/10/2019 @ $19.54
Current Per-Share: (-$5.14)*
Yeti (YETI)
+477.50%*
1st Buy: 2/26/2019 @ $23.23
Current Per-Share: (-$44.50)*
Virgin Galactic (SPCE)
+193.75%*
1st Buy: 10/31/2019 @ $9.87
Current Per-Share: (-$0.15)*
Twitter (TWTR)
+189.36%*
1st Buy: 10/30/2019 @ $29.79
Current Per-Share: (-$0.01)*
Carnival Cruise (CCL)
+170.95%*
1st Buy: 3/12/2020 @ $17.25
Current Per-Share: (-1.01)*
Airlines ETF (JETS)
+168.70%*
1st Buy: 5/14/2020 @ $11.30
Current Per-Share: (-$1.26)*
Tradeweb Mkts (TW)
+149.95%
1st Buy: 4/8/2019 @ $39.22
Current Per-Share: $21.47
Chevron (CVX)
+44.08%
1st Buy: 3/12/2020 @ $76.94
Current Per-Share: $54.29
General Electric (GE)
+4.45%
1st Buy: 3/6/2020 @ $9.40
Current Per-Share: $6.60
Revolve Group (RVLV)
-13.28%
1st Buy: 6/13/2019 @ $39.06
Current Per-Share: $20.00
* 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 even in my Speculation in Play 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
Chevron (CVX): Dividend-Reinvestment
Just being a Speculation in Play portfolio doesn't mean all the positions are short-term and can't capitalize on dividends. Case in point, on Friday September 11, 2020, Chevron (CVX) paid out its quarterly dividend of $1.29 per share (a handsome 6.64% annual yield as of its $77.69 closing price).
Even in my speculative portfolios, I enroll eligible positions in Dividend Reinvestment Programs (DRiPs) in order to reinvest the dividends as shares of stock rather than cash payments.
The September 11 dividend lowered the overall per-share cost for my CVX position by -1.61% from $55.18 to $54.29. Free money for simply holding a position is always welcome, even when I'm speculating.
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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