cash 18.48%
AYX. 24.63%
OKTA 12.41%
CRWD 10.04%
MDB. 9.68%
DDOG. 8.94%
SMAR 6.36%
COUP. 4.06%
NET. 1.61%
TTD. 1.29%
Happy day 142 of this known virus that started in Wuhan China on November 17, 2019. I thought it would be of some value to give an update on my allocations as of today. I admit that I pondered if I had sold my soul to the devil today when the portfolio ended UP exactly 6.66% for the day…but then I remembered the absolute carnage and pummeling it has taken since its high on Feb 19. I’ve NEVER seen an UP day in my portfolio like this one…but that goes for the past month of down days, too. We do have to celebrate the good things once in a while, something I’ve never been good about in my life. Days like today where you get a whiplash return and strong rebound after the fall are exactly the reason why I don’t try to time the market. As of today, the portfolio remains positive for the year and is up about +3% since January 1, 2020. That is saying quite a lot while the market indexes and averages (the 5 I track) are down more than 27% during that time! Over the past week you will note that I have continued to slowly invest 4-5% of the cash I have set aside (but note I am still 18% cash) into the top 5 stocks above. I also nibbled recently at NET, called “Cloudflare”, a very promising and seemingly COVID-19 immune SaaS company. NET provides an advanced internet, web infrastructure, a gateway and the corresponding cyber-security for all plethora of activities that you are seeing happen right now in the midst of this crisis, from secure communications to insuring data is not compromised. They are actually benefiting and accelerating already tremendous growth during this pandemic. I have established a very small position in the last two weeks. That said, I have mainly continued to add to AYX at $81 on Friday and have almost doubled my CRWD position at prices from $48 – $57 in shares and options. I don’t believe it is possible to “time” the bottom, but at these prices, I’m very confident that in a couple of years I will be very happy to have had the opportunity to pick up shares in these great companies at such discounts. Indeed, these companies are healthy and are likely to “hockey stick” out of this crisis and thrive going forward. In the mean time, I sincerely hope this finds you all doing well, healthy, positive in spirit and negative in Covid-19. For my part, I am running a boot camp for the teenagers up in Northern California where we have escaped to quarantine ourselves aways from the big city.
PS – Please note to be clear: If you are new to this blog or not aware of it…I do not own all the stocks on the green or red colored pics I post. Many of those (especially at the bottom of the list) are just those I track daily using that app. The actual positions owned in the portfolio are shown in the text above it with the actual percentage of the overall portfolio…including cash. As always, any questions are welcome in a separate, individual text message to me and if applicable to all, I will post the answer later to the group. And just say the word if you want to be removed altogether!! 😉
User comment: My baby boy is an ironman! Go Jarod!
User comment: Thank you once again Victor!
User comment: Thank you Victor and Greetings from Sweden.
