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Showing posts from May, 2023

Model Portfolio Performance Update

The total beginning value below is the sum of each share at the price of purchase. The Model Portfolio launched on November 29, 2022. Total Beginning Value          $12,880 Current Value                            $15,497 Return                                           16.9% SPY                                                6% QQQ                                             17.2% The Model Portfolio is outperforming the "Market" (SP500) by 10.9%, while its returns nearly match those of QQQ. The...

Updated Technical Chart

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The market made a strong move up today, particularly in growth stocks. UPST rose 15%, NET 8%, SNOW 6%, NVDA 5%, and GLBE 5% (rounded numbers).  UPST is up over 100% this year, as are NVDA, CELH, GLBE, and NFLX.  Several other growth stocks are up nearly 100%, including COIN, SE, ASML, and NU. Why are these stocks up so much? Here are some possible explanations.     1. Declines in COVID infections and the reopening of economies     2. Many stocks, including growth stocks, were near historically low valuations, and funds bought                 the dips     3. Many companies are reporting better-than-expected earnings.     4. Declining inflation     5. A possible pause in rising interest rates Most recently, regional bank ETF's are turning up for the first time in a long-time. Stronger regional banks may lead to greater investor confidence. SPY did not make a strong move above resistanc...

Individual Stocks Update

Model Portfolio Holdings SNOW     +22% CELH     +21% AMD       +13.6% NET         +13% NU         +11% GOOGL   +11% CRWD     +10% WM         +8.5% MA           +8% DDOG     +5.5% GLBE        +4.5% MELI        +3% CB            -4.5% ENPH      -18% This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strict...

Additions

Additions I'm adding 100 shares of NU to the model portfolio. The current price is $5.24 for a total cost of  $540. Adding 2 shares of CRWD @ $118 for $236. Adding 2 shares of CELH @ $100 for $200. Adding 1 share of MA @ $375 Adding 1 share of CB @ $195 Adding 10 shares of GLBE @ $29 for $290 Adding 1 share of ENPH @ $155 Adding 1 share of MELI @ $1,213 Adding 5 shares of DDOG @ $75 for $375 Adding 10 shares of NET @ $41 for $410 Adding 100 shares of NU @ $5.24 for $524 P&L SNOW 130/155 = +16% CELH 88/100 = +12% GOOGL 96/105 = +8.6% WM 158/168 = +6% MA 356/376 = +5.4% AMD 84/87 = +3.5% CRWD 118/118 = breakeven  NET = breakeven DDOG = breakeven MELI = breakeven NU = breakeven GLBE = 30/29 1.03 or -3% CB 211/195 = 1.08 or -8% ENPH = 187/155 1.21 or -21% Total Gain = $608 Total Portfolio Gain Percentage  = +6.8% SPY Return Since Model Portfolio Launch = +2.8% This website is created and authored by Marlin Sandlin and is published and provided for informationa...