A great two weeks.
My portfolio has been up now 6 weeks in a row. (It can’t keep on going up indefinitely, but I can’t call the market). It was only up a total of 8% in the first 4 weeks. However, things have accelerated, with an additional 10% in the past 2 weeks. With a portfolio of 20 stocks, there are always some down as well, but the ones up are up a lot more than the ones down.
Here’s how they did in the past 2 weeks, in percent up or down:
SCTY – 37.5
SYNA – 34.9
PFIE – 21.7
UBNT – 20.3
Z…… – 13.8
SZYM – 12.7
AMAVF – 12.4
HZNP – 12.0
AMBA – 11.8
CALL – 7.8
CELG – 6.3
WAB – 4.3
JCOM – 3.5
AIOCF – 3.0
KRED – 0.0
PSIX – (2.5)
SKX – (5.2)
CSGP – (6.1) — Doesn’t seem to be going anywhere compared to Z, but luckily I have twice as much Z
BOFI – (6.5)
AFOP – (13.7)
I don’t get very excited about individual ups and downs. For instance, AFOP was the only 10% loser, down 13.7%. However, if I look at the four preceding weeks, it was up 22.3% during those four weeks.
On the other hand, if you have some SCTY, which was up 37.5%, in an IRA where you can take some profits tax-free on a part of your position, I wouldn’t argue. Their business model is getting more and more complicated. However, I wouldn’t sell any of my SYNA, even though it’s breaking my rules and is up to 11.6% of my total portfolio. (UBNT is my next biggest position).
Saul