I started my February update with Wow. What a f’ing terrible week. Good grief. *facepalm* I suppose I’ll start my June update with: What an amazing June comeback! 🚀🚀🚀 Investing in growth stocks and concentrating your entire brokerage portfolio to 20-30 core positions that aren’t terribly diversified is not for the faint of heart. After […]
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Random Portfolio Update
It’s been a crazy year so far. I was up as much as 40% to kick off the year and then bottomed on May 13th down ~28% or so. Since then, my portfolio has rebounded over 50% and is now at 13.5-14% YTD vs. the S&P 500’s 13.1% YTD, so beating the S&P index by […]
Continue ReadingJune 2021 Mid-Month Update
General Update It’s been a few months since my last update. Quite frankly, I got tired of the market’s volatility and needed some time away from following the market too closely since I knew from previous experience that this would be the best way to prevent myself from making any emotional decisions I would likely […]
Continue ReadingStock Market Recap: Week of Mar. 14 – Mar. 20, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: -0.76%S&P 500 return YTD: 4.19%Nasdaq return this week: -0.79%Nasdaq return YTD: 2.54% Another volatile week. The market has been incredibly choppy due to fear of inflation and higher interest rates due to the 10-year and 30-year treasury yields spiking. On […]
Continue ReadingStock Market Recap: Week of Mar. 7 – Mar. 13, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 2.64%S&P 500 return YTD: 4.99%Nasdaq return this week: -2.06%Nasdaq return YTD: 3.09% Well, this was a very market volatile week but for the most part, it trended in the right direction 📈📈📈. The big news that calmed the markets materially […]
Continue ReadingStock Market Recap: Week of Feb. 28 – Mar. 6, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: 0.81%S&P 500 return YTD: 2.29%Nasdaq return this week: -2.06%Nasdaq return YTD: 0.25% Wow. I thought last week was bad. This week was even worse. The 10-year treasury continues to spike up and is now in the 1.58%, up 60 basis […]
Continue ReadingSprout Social’s $SPT Q4 2020 Earnings Recap
As a former Sprout Social employee who still owns the majority of his shares, I figure it’s important to review every earnings report to see if I believe the company is still on the right track or if I should re-allocate those investment dollars elsewhere. Yesterday, Sprout Social ($SPT) announced their Q4 ’20 earnings report […]
Continue ReadingFiverr’s $FVRR Q4 2020 Earnings Recap
How was Fiverr’s Q4 2020 Earnings? I thought Fiverr had a great Q4 earnings report. There was a lot to like as they continue to benefit from the gig economy and the secular trends in freelancer hiring. Here’s the key stats: Q4 Revenue was up 89.4% to $55.9 M and finished the year at $189.5 […]
Continue ReadingWhen to Sell or Trim a Stock Position
When it comes to investing in stocks, I frequently get the question, “When do you sell a stock?” In today’s article, I’m going to review my process on how to decide when to sell or trim a stock. I’ll be using Fastly ($FSLY) as a case study in this whole process. First, a little context […]
Continue ReadingStock Market Recap: Week of Feb. 14 – 20, 2021
What Happened in the Market (and the World) This Week? S&P 500 return this week: -0.71%S&P 500 return YTD: 4.23% This was a pretty volatile week. Tech stocks got hit pretty hard early in the week but finished on a good note. Wednesday was a total bloodbath, red everywhere. The economic data that came in […]
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