Yesterday:
Today:
Not “if” but “when we get another 5-15% daily or weekly drop and all the bolts seem to be shaking loose, it helps me to keep in mind we are up 40% in the last month, way over 200% this year (that is a tripling of the portfolio since January 1 THIS year) and have had 3 recent ATHs in December already…including today again. On Monday, OKTA, among only a handful of other companies, will be added to the NASDAQ exchange. This often forces many funds and indexes to add the stock to their portfolios. Higher demand for the shares equals a run up in the stock price…success begets success…hence the stocks run up the past week that may continue. Happy Holidays!
User comment:
User comment: don’t tell me you were Charles Atlas fan too. I bought all his stuff.
User comment: How else could one stand up to a bully on the beach and keep the girl?
User comment: There was no choice…it seemed.
User comment: Hello Vic, you did add some new companies to your portfolio. Any recommendations? For some new pics, what is your highest conviction given current levels?
Victor: Of course. Sorry for the oversight. The Companies are in order of my conviction above. CRWD, NET and DOCU have all earned my loyalty and are reflecting their incredible earnings released, growth, fundamentals and traction with oversized positions all greater than 12%. ZM is my only big question mark still and I have reduced it to 7%. Can they continue to grow at their torrid pace? Will they have a 2nd act? ROKU I have struggled with the valuation for awhile and it has continued to surge and outperform all expectations and defy gravity. I Finally took a 2% position this week on accelerated growth and a lot of positive developments. More later. I Will monitor it from here. The last two ASAN and BPRMF are tiny (less than 1%) positions in two companies I like but I’m still researching and tracking to see if they gain their footing….look very interesting, but don’t yet have firm conviction in. I will write them up if/when I take a bigger interest and position in them. Hope that clarifies it a bit. Cheers!
