This is the daily journal for my stock portfolio with the progress of it, acquisitions, sales, transactions and everything around it. It is not a short term investment and I plan to hold the stocks for at least one year. Only if there is something real bad with one of my asset will exit the market, otherwise I will let it float.
Portfolio updates and new moves on the market:
- Nasdaq underperformed with a drop of 3.5% for its worst session since October as tech stocks renewed their declines. The S&P 500 sank by 2.5%. The Dow traded lower by more than 1.5%, after the index reached a record closing high a day earlier as cyclical and value stocks maintained their leadership positions. A bloodshed everywhere, someone could panic or hold on which I will probably do. I like the assets that I have and while big gains were wiped out I believe that on the long run these will perform good.
NYSE stock portfolio yield ($2,856.18 30.23%):
Current NYSE stock portfolio and reasoning for entering each asset:
- ATVI (Activision Blizzard)
-- Launch of the Call of Duty Warzone – Season 4 – scheduled for 03-June-2020 - AAPL (Apple Inc)
-- Stock split which will allow more investors to buy in and should drive the price up - CVX (Chevron Corporation)
-- Chevron is one of the largest American companies and one of the largest manufacturers and distributors of petroleum products in the world. They managed well the crisis and even made a profit in this times and has a cash flow position that allows it to pivot and rise in current and new fields. - AMRX (Amneal Pharma)
-- This pharmaceutical company is expected to earn $0.53 per share for the fiscal year ending December 2020, which represents a year-over-year change of 51.4% - AAL (American Airline)
-- Airline industry gets back on track and gains momentum. As it dropped while the pandemic restrictions, together with the flights having the green light it is normal to recoup the share prices at least up to 80% from before the crisis. - JD (JD.com)
-- Chinese giant e-commerce company, powerful logistics system with tech extending AI and cloud. - PLUG (PLUG Power)
-- Renewable energy, electric vehicles, hydrogen power and the fuel cells, YTD 680% - SPOT (Spotify Technology SA)
-- Spotify is the best music platform out there and it moved to additional services as well - lyrics, podcast and soon video. It has the ground to be a great company and out rich all media aspects, thus an investment for the future. - TSLA (Tesla Inc)
-- Tesla will be soon included in the S&P index and that pushed the price to rise. It has strong fundamentals, industries for the future and is just set for world dominance in so many domains.
The rules I am guiding myself when investing and enriching my portfolio are:
- Research and analysis before buying any stock
- Portfolio target is to be comprised between 10 – 20 different stock assets
- 200$ investment per asset as basis, more based on market opportunities
- Long term investment, while looking for market exit based triggers if it is the case
Hopefully the information presented is useful enough and stay close to watch my next moves.