Hey Everyone, I hope you are having a great week, let's get into it. Stray Observations My portfolio was up nearly 20% this week, which blew the doors off S&P 500 (+3.0%) & Nasdaq (+3.4%). This is mostly thanks to Magnite's run (more on that in a second), supplemented by the positions that I aggressively built last week. I may have been in a little early, … [Read more...] about Weekly Update – February 5th, 2021
Weekly Update – January 29th, 2021
Hey Everyone, I hope you are having a great week, let's get into it. Stray Observations My portfolio was down over 6.6% this week, which was much worse than the declines from the S&P 500 (-3.3%) & Nasdaq (-3.5%). In hindsight, I closed out my hedges a little too early. More on that later. Correction Concerns Update I've written about … [Read more...] about Weekly Update – January 29th, 2021
Weekly Update – January 22nd, 2021
Hey Everyone, I hope you are having a great week, let's get into it. Stray Observations My portfolio was up over 14% this week, which once again blew out the S&P 500 (+1.9%) & Nasdaq (+4.2%). Unfortunately, these gains could have been substantially higher. Many of the companies I sold last week were up substantially this week. While I don't feel any … [Read more...] about Weekly Update – January 22nd, 2021
Weekly Update – January 15th, 2021
Hey Everyone, I hope you are having a great week, let's get into it. Stray Observations My portfolio was up 11.6% this week, which was light years above the losses from both the S&P 500 (-1.8%) & Nasdaq (-1.6%). In fact, the week finished with a new milestone. My returns crossed 400% since moving to Interactive Brokers in January 2018. I don't believe … [Read more...] about Weekly Update – January 15th, 2021
Weekly Update – January 8th, 2021
Hey Everyone, I hope you are having a great week, let's get into it. Stray Observations My portfolio was up 2% this week, roughly in line with the S&P 500 (+1.8%) & Nasdaq (+2.4%). As you can see below, it could have been a lot worse. My Chinese holdings are why my week wasn't worse, several of my 2020 winners are still falling back to earth. Stitch Fix, … [Read more...] about Weekly Update – January 8th, 2021