Update July 11+18 (week 71+72)

 

Added

As planed I bought 150$ in ORCC (w71) and 150$ in AVGO (w72).

Review

Week 71 $10.41 and week 72 $7.00 entered the account. Since inception in August last year, this are $263.85. Keep in mind to catch up with an article I follow, I added more capital in the beginning to catch up with the weeks.

EXG and SPY are still the largest positions.

With the split of GOOGL I now also own 1.6 shares of it.

After 6 months and 2 weeks the best performing ticker is AVGO because I decided to take profit at one point. The worst performer is JHG, but it pays 6.32% in dividends. I don’t plan to make any changes for now on this ticker.

According to Fidelity, where I hold the account, the account is down 3.19% as of 6/30 for the life of the data. Now, the first transaction was GILD on 8/26/2021. SPY was down (closing prices) in this time frame 15.4%.

This portfolio is doing better then the market, despite being down a bit as well.

I started to write daily (if I can manage) weekly market reviews. As of now I am not publishing them. It is an exercise to keep me accountable to myself. Based on my comments the QQQ's have the stronger trend. Based on this conviction I will pick 2 tech stocks to add to for this week.

Next Week's Plan

75$ will go into CSCO and 75$ will go into INTC.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

I own everything I discuss. I am not getting paid anything to mention anything.

Update Jul 05 (week 70)

Added

As planed I bought 100$ in SPY.

Review

This week $3.81 entered the portfolio, $191,46 this year and since beginning $245.69.

SPY is now at 6% of the portfolio. I can't add to it anymore. The other ticker over 5% is EXG.

I am going to increase the weekly contributions until I decide to stop it. Going forward for now the contributions a week will be 150$.

The market

Last week I mentioned we have bounce. It turned out to be one. The market made it back to the neckline of the W. The 30 MA (red) proved to be resistance last time. The Future are down 10 pts right now, but that does not mean anything yet. If we get a break out to the upside we need some conviction with it.

Next Week's Plan

Next week 150$ go into ORCC.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

I own everything I discuss. I am not getting paid anything to mention anything.

 

 

Update Jun 27 (week 69)

Added

As planed I bought 100$ in SPY.

Review

The portfolio gained $13.89 dividend this week. 

The market:

Technical we have a higher low. On Fri the market closed $1.04 above Thursday's high. Now that does not mean a lot as Monday the stock market is closed and right now we are down 30 points on /ES as I write this. I still have a Aug 19, 350P long on SPY.

The move to the upside on Friday actually surprised me. I was fully expecting to go down to the 360ish level.

Live and learn. :)

Next Week's Plan

Next week's plan remains as outlined. Another 100$ into SPY.  This is at a good discount right now.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

I own everything I discuss. I am not getting paid anything to mention anything.