The market has been quite volatile today, at least in terms of our high growth portfolio. We have (hopefully) taken advantage of the volatility and made some trades. Overall, the trades wound up reducing our margin balance by $660, and the balance now goes to $738,612. There were, in aggregate7 transactions today. In the interest…
After 3 days of relative decent performance in the software space, the paradigm seen last August continued today. That is despite numerous indications that the enterprise software space had a fairly strong Q4. We bought 1000 shares of Navan in the high growth portfolio as a starter position. Part of the reason we made this…
As mentioned in yesterday’s commentary, I was considering adding to the position in Unity Software shares. With this morning’s substantial decline in most IT stocks for a variety of reasons, the opportunity was there to add to the Unity position a day before its earnings release. It isn’t my usual style to do something like…
The fintech sector has been weak this morning and we chose to jump in and add to our holdings in Pagaya, Affirm and Shift4. We entered a limit order in Pagaya shares at $32.01 and it got filled. Honestly, I was surprised. Pagaya shares are now down by more than 21% in the last month.…
Buying 150 shares of Affirm Affirm shares have fallen by almost 14% this morning. The drop supposedly reflects disappointing guidance. The guidance was prudent, actually a raise, and the conference call highlighted both the resilience of the model, some notable new partnerships such as that with Costco, and some guard rails for running the business…
A bit of alliteration-perhaps intentional. I have gotten more than a few questions on what tariffs will mean for the market-and very specifically the Ticker Target High Growth portfolio. In the short term I imagine the impact is obvious. The Ticker Target high growth portfolio has fallen about 17% since it hit a high little…
The commentary that we are in the process of publishing suggested that I would take some steps to retain the net long exposure at or slightly above 135%. It fell a bit last week because of the increase in the NAV of the portfolio. So, to keep the net long exposure consistent, I have added…
A few stocks in the high growth portfolio were moving today based on some specific news developments. We aren’t going to make any changes to the portfolio: we are already positioned properly. I believe for what is apparently happening: 1) SentinelOne The company held its first-ever investor day on Wednesday. I listened to a small part…
A very busy week for earnings. I am going to try to cover results and guidance of the companies in the high growth portfolio that have reported these last couple of days. There obviously have been other earnings reports of interest. In particular, Nvidia’s earnings release and forward guidance were not enough of a beat…
Just as a point of interest, today is AI Appreciation Day. I have no immediate plans to celebrate, other than to note that marketers can find reason to celebrate something every day of the year, and today is for AI. One lady wrote on one of the AI sites that I read that she has opted…