DONE. Realized Gain +319%. One Week Yo.

DONE.Banner, Link to the Real

MAY 16, 2020.

Any

way you slice it investing’s about building on what you have. Long or short term it all adds up. Here’s how. Enjoy, because this story’s “DONE. Realized Gain +319%. One week.”

 

 

We

talked trading last week.  That’s new to us.  What’d we say?  Long-term investors can also trade.  We have been–both last week and this.  What happened?  Last week we cleared $114.00 on one trade.  O.K.  That’s cash in the pocket.  What’s our guiding rule of thumb for evaluating a trade?  It’s a question really.  “Would you sneer if picking that cash up off the parking lot?”

 

 

Investing gains add up to nothing until you take the money off the table.  After that it’s all over but the fussin’.

 

 

Profound change often arrives in a small package.  COVID did.  Our view has shifted profoundly and we mostly shared it with you last week.  Investing and trading walk hand-in-hand, toward a much smarter place.  For us the way is often “trading around a core position.”  We multiplied our trading gain of $114.00 last week by 319.15% this week.  $363.83 in a week, on six trades.  That was Week 2 for us. 

 

 

Barrick Gold

bARRICK gOLD
Barrick Gold trades the best of all the gold miners, including Kirkland Lake. KL is amazing and we continue to love and hold it. Barrick(GOLD) is literally 10x larger than KL and far more widely traded. I’ts higher profile draws greater attention and it’s outstanding share price performance can’t be ignored.  Only Newmont Corp. has returned more over six months. We intend to trade around core positions in both GOLD and KL, and perhaps NEM.

We

bought Barrick in two lots on Monday, and sold half on Thursday and the other 100 shares on Friday.  $233.24.  Barrick represents the majority of our weekly take.  Why Barrick?  Barrick is an industry leader in production and GOLD has returned 70.19% over the past six months.

 

 

Meanwhile Kirkland Lake has reversed by -12.9% over the same period.  Why do we bother with KL?  Their fundamentals are the best in the business, only growing stronger, and the past six months primarily represents shareholder confusion not fact.  We felt that would change, dramatically.  It is.   We’re also furthering an investigation of Newmont Corporation(NEM.)  NEM is now the performance leader returning 80.9% over the last six months.

 

 

Alphabet

google-1088003_1280
Alphabet was just rammed back into the anti-trust spotlight on Friday. Next week will demonstrate precisely how much the market cares. GOOG has been a buy anywhere between $1325 up to $1350. We played it twice this week. it was fun, and easy–this week at least.

 Alphabet

is another trade we’re rapidly becoming happy to make.  Is search going away?  Digital advertising may lighten to some extent in the coming months, yet Alphabet is also a massive cloud player and a monster free cash machine.  Besides, any future will feature Google, even if they missed the video conferencing play.  Seen those pathetic pop-ups on your Gmail?

 

 

We day-played GOOG twice this week for $20 and $26.  While others chuckle we’re ramming that cash into our pocket.  Total time investment?  Maybe 20 minutes. 

 

 

Alteryx

AYX CEO Dean Stoecker on Mad
Alteryx CEO Dean Stoecker appearing on Cramer’s Mad Money. We just happened to catch a screen shot where he looks like he’s clowning. But then, when you’re a billionaire you can clown if you want to. Shot from Alteryx HQ out in Irvine.

Last

week we played Alteryx for our $114.00 buck gain.  It was fast.  We played this great name again for another $45.00.  We were in by 9:00AM and out after lunch.  Total work time–five minutes.  We know Alteryx, both their business and how their stock trades.  AYX is a secular growth stock, of course meaning that it doesn’t need a strong economy to thrive.

 

 

CEO Dean Stoecker appeared with Cramer on Thursday to explain current conditions.  What’d Dean say about sales?  “We’re providing the automated analytics required by companies to operate efficiently.  We just provided our analytics platform to Carnival Cruise Lines this quarter, at a time when they had no cruises running.  We also sold our capabilities to Wynn Resorts this quarter at a time when they had no one in any of their casinos.”

 

 

AYX bus, Irvine
AYX is relatively volatile. Alteryx is also reliable. It comes back. Wednesday’s 7% decline was a clear opportunity. No news accompanied the decline, thus their story remained uninvolved. The move thus also read as over-done. It was. We played it modestly, not looking for a killing, but rather a nice attainable realized gain. Our plan worked.

We’ve

focused on trading things we know, trust, and are willing to sit on if our trade doesn’t work.  We’re sitting on AT&T, and we’ll be paid for that, one way or another.  We got one hundred shares at $29.00.  It’s now at $28.29.  T’s current dividend is 7.35%.  They don’t report until July.  That dividend could be cut any day.  Or it may not.  Either way, if shares hit $31.00 before then we’ll sell out for  a $200.00 gain.  We may even buy more, if it begins to behave better.

 

 

Capital One 

Graphic, cover, Capital One 215 Value
Capital One is right at home in this environment. Our extensive look into COF clearly explains why. For one thing, the high rates on cards are specifically mean to cover delinquencies and defaults. Guess what? On Friday the new numbers showed just that. April was better than March for COF. We were in and out in a day for $38. Laugh while we pocket the cash.

We’re

learning to work multiple ways.  Long-term investing’s great.  Trading can work too.  Money now helps.  Until last week we’d gone for more than a decade without withdrawing a cent from our investments.  We didn’t realize that those numbers had become abstract.  The actual value they represent had faded.

 

 

Once we aimed only for large gains, while completely foregoing all attainable small gains.  Small gains add up over time.  They also remind us what we’re doing, and why.  Our long-term holds go up and down.  Meanwhile we pocketed $114.00 last week.  This week we pocketed $363.83.  DONE.  We were lucky.  We’re grateful.  We’re also focusing on next week.  As always, good luck and good investing.

   

 

Dare It Is.  Capital One

https://stockjaw.com/2019/12/21/dare-it-is-capitalone/

 

 

 

 

 

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Additional resources:

Investopedia.com.  Seriously Wonderful.  Fact.
http://www.investopedia.com/
Charles Schwab.  In Our Opinion, the best broker going.
https://www.schwab.com/public/schwab/client_home
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