introduction
Welcome to the thrilling world of my stock portfolio, where each decision is a gamble, and the stakes are high—just like my caffeine levels. As an engineer, I’m wired to analyze and solve problems. However, when it comes to my stock investments, I often find myself on a roller coaster ride I never signed up for. Let’s dive into the highs, the lows, and the “what on earth was I thinking?” moments of my current stock portfolio.
SPXC: The Bounce That Gave Me Hope
- Date: 23 Jan 2024
- Entry Price: $102.90 with a stop loss at $96 area and a dream of reaching the $124 level.
- Why I Bought: It leaped from EMA 21 with gusto, signaling a buy. Plus, it was above $100—a psychological comfort blanket.
- Reality Check: Aiming for a 20% profit with a tight 7% stop loss seemed smart until the market decided to test my resolve.
Verdict: Still holding, fueled by optimism and a bit of stubbornness.
PGTI: The Missed Opportunity
- Date: 31 Jan 2024
- Entry Price: $41.34, with aspirations of $50, protected by a $38 stop loss.
- Why I Bought: It was flirting with EMA 21 in an uptrend—a tempting proposition.
- Reality Check: It turns out “near” and “in” the buy zone are two different things. Lesson painfully learned.
Verdict: No regrets, just a small position reminding me of what could have been.
CNM: The Calculated Risk
- Date: 2 Feb 2024
- Entry Price: $41.91, eyeing $51, with a $39 safety net.
- Why I Bought: The price was cozying up just above EMA 21, and the RS line was trending upwards—a promising duo.
- Reality Check: High P/E ratios and a lack of buy zone discipline made this a cautious hold.
Verdict: Watching this one closely, ready to jump ship if needed.
ESTC: The Almost Perfect Candidate
- Date: 2 Feb 2024
- Entry Price: $123.87, with dreams of $149, cushioned by a $115 stop loss.
- Why I Bought: It was in the buy zone with an upward-trending RS line, despite the earnings and sales growth not adding up.
- Reality Check: The breakout wasn’t as strong as I hoped, and now I’m in a wait-and-see mode.
Verdict: Holding out for a miracle or a sign to exit.
And Then Some…
- BHVN, FERG, APG, VRT, ANET, ZS, ELF: Each with its own story of hope, analysis, and a tinge of desperation. From breakout attempts to bouncing off EMA 21, my portfolio is a mixed bag of strategies, some successful and others… well, educational.
In this wild ride of stock trading, I’ve learned a few key lessons:
- The Market Has a Sense of Humor: And it loves to test my patience.
- EMA 21 Is My Frenemy: Sometimes it gives, and sometimes it takes away.
- A Tight Stop Loss Is Like a Double-Edged Sword: It can protect you or kick you out before the party starts.
- Hope Is Not a Strategy: But it sure does keep things interesting.
technical details
SPXC
- Date: 23 Jan 2024
- Underlying Price: $102.90
- Stop Loss: $96
- Profit Target: $125
- Market Outlook: Confirmed uptrend
- RS Rating: 92
- Position Risk, %: 5.97%
- Position Risk to NL, %: 0.56%
- Risk to Reward Ratio: 0.30
- Position Size, %: 9.30%
PGTI
- Date: 31 Jan 2024
- Underlying Price: $41.34
- Stop Loss: $38
- Profit Target: $50
- Market Outlook: Confirmed uptrend
- RS Rating: 95
- Position Risk, %: 5.95%
- Position Risk to NL, %: 0.34%
- Risk to Reward Ratio: 0.30
- Position Size, %: 5.66%
CNM
- Date: 2 Feb 2024
- Underlying Price: $41.91
- Stop Loss: $39
- Profit Target: $51
- Market Outlook: Confirmed uptrend
- RS Rating: 95
- RS Line Trend: Up
- Industry Rank: 18 / 197
- Volume U/D Ratio: 1.9
- Position Risk, %: 4.61%
- Position Risk to NL, %: 0.27%
- Risk to Reward Ratio: 0.23
- Position Size, %: 5.78%
ESTC
- Date: 2 Feb 2024
- Underlying Price: $123.87
- Stop Loss: $115
- Profit Target: $149
- Market Outlook: Confirmed uptrend
- RS Rating: 98
- RS Line Trend: Up
- Industry Rank: 26 / 197
- Volume U/D Ratio: 1.8
- Position Risk, %: 6.88%
- Position Risk to NL, %: 0.39%
- Risk to Reward Ratio: 0.35
- Position Size, %: 5.70%
BHVN
- Date: 5 Feb 2024
- Underlying Price: $46.81
- Stop Loss: $43
- Profit Target: $57
- Market Outlook: Confirmed uptrend
- RS Rating: 99
- RS Line Trend: Up
- Industry Rank: 2 / 197
- Volume U/D Ratio: 1.5
- Position Risk, %: 7.99%
- Position Risk to NL, %: 0.35%
- Risk to Reward Ratio: 0.40
- Position Size, %: 4.34%
FERG
- Date: 7 Feb 2024
- Underlying Price: $194.27
- Stop Loss: $184
- Profit Target: $234
- Market Outlook: Confirmed uptrend
- RS Rating: 89
- RS Line Trend: Up
- Industry Rank: 23 / 197
- Volume U/D Ratio: 1.8
- Position Risk, %: 5.01%
- Position Risk to NL, %: 0.44%
- Risk to Reward Ratio: 0.25
- Position Size, %: 8.84%
APG
- Date: 9 Feb 2024
- Underlying Price: $35.18
- Stop Loss: $33
- Profit Target: $43
- Market Outlook: Confirmed uptrend
- RS Rating: 92
- RS Line Trend: Up
- Industry Rank: 38 / 197
- Volume U/D Ratio: 1.9
- Position Risk, %: 5.94%
- Position Risk to NL, %: 0.28%
- Risk to Reward Ratio: 0.30
- Position Size, %: 4.76%
VRT
- Date: 13 Feb 2024
- Underlying Price: $61.88
- Stop Loss: $58
- Profit Target: $75
- Market Outlook: Confirmed uptrend
- RS Rating: 99
- RS Line Trend: Up
- Industry Rank: 46 / 197
- Volume U/D Ratio: 2.1
- Position Risk, %: 5.95%
- Position Risk to NL, %: 0.34%
- Risk to Reward Ratio: 0.30
- Position Size, %: 5.73%
ANET
- Date: 14 Feb 2024
- Underlying Price: $266.85
- Stop Loss: $255
- Profit Target: $321
- Market Outlook: Confirmed uptrend
- RS Rating: 95
- RS Line Trend: Up
- Industry Rank: 20 / 197
- Volume U/D Ratio: 1.2
- Position Risk, %: 4.07%
- Position Risk to NL, %: 0.50%
- Risk to Reward Ratio: 0.20
- Position Size, %: 12.27%
ZS
- Date: 14 Feb 2024
- Underlying Price: $249.91
- Stop Loss: $235
- Profit Target: $300
- Market Outlook: Confirmed uptrend
- RS Rating: 96
- RS Line Trend: Up
- Industry Rank: 3 / 197
- Volume U/D Ratio: 1.7
- Position Risk, %: 5.73%
- Position Risk to NL, %: 0.66%
- Risk to Reward Ratio: 0.29
- Position Size, %: 11.49%
ELF
- Date: 15 Feb 2024
- Underlying Price: $169.33
- Stop Loss: $159
- Profit Target: $204
- Market Outlook: Confirmed uptrend
- RS Rating: 96
- RS Line Trend: Up
- Industry Rank: 114 / 197
- Volume U/D Ratio: 1.0
- Position Risk, %: 5.96%
- Position Risk to NL, %: 0.46%
- Potential Profit (Position), %: 19.88%
- Risk to Reward Ratio: 0.30
- Position Size, %: 7.69%
conclusion
So, dear readers, as I navigate through the ups and downs of my stock portfolio, I’m reminded of the importance of strategy, patience, and a good sense of humor. Whether you’re an engineer, a trader, or just someone enjoying the spectacle, remember: the market is unpredictable, but that’s what makes it so exhilarating.
Here’s to making informed decisions, learning from our missteps, and, most importantly, keeping our sanity intact amidst the chaos. Cheers to the roller coaster ride of stock trading—may your portfolios soar, and your spirits remain high!
