Week 47 - Nov 21 Investment moves

Week 47 - Nov 21 Investment moves

• Current US market conditions @ 10:55 am (EST)
• Nov 21 Investment moves
• Top Stocks of 2024
• BITO vs FBTC (Spot ETF vs Dividend (or High Yield) ETF)

Current US market conditions @ 10:55 am (EST)

The markets are split right now. NVDA earnings were "OK", but it did not bring the BIG upside that most people were looking for.

Nov 21 Investment moves

Here are my Investment moves for Nov 21 @ 10:30 am (EST):

• SOFI covered call (roll up and out)
• SOFI covered call (open new CC)
• ET CashSecuredPut (rolled up)
• RIOT CashSecuredPut (rolled down and out)

Top Stocks of 2024

I read this article and could not help but share that I own 3 of the stocks listed in the top 5 for 2024.
https://www.investors.com/news/palantir-sp-500-stock-nvidia/?src=A00220

This might never happen again because the odds of owning two of them are tough to achieve in any given year. For a back story, I owned each of them before 2024. In my social media portfolio, I purchased PLTR on Sept 18 (?), a few days before the SP500 Inclusion.

2024 might be one of the most important years in my portfolio history. I owned 3 stocks that were on the top performance (as of Nov 21, 2024). I made my BITCOIN moves in 2023 and then added more when the SPOT ETF was available in January 2024. I sold off some of the dividends I got in 2024 and invested in some growth holdings (like QQQM, WING, and BITO).

BITO vs FBTC (Spot ETF vs Dividend (or High Yield) ETF)

Ever wonder what the differences are between similar products?

On Jan 11, about a dozen new SPOT ETFs began trading on the stock market. IBIT, FBTC, and a few others are the leading ETFs with similar "fees". Therefore the differences are very minimal.

BITO can be viewed as a different product as the YIELD is over 50% a year. I purchased the two products a day apart and the returns are different (FBTC is 86% vs BITO is 95%) over 11 months.

The question is can this continue? Or will BITO only do better in UP markets and lag in DOWN markets?
This is what I'm trying to understand by holding both products and tracking the performances over a longer period.

Have a profitable day!