Stocks for the Long Term

[BlueWolf]

I did a little re-allocation today. I reduced ABMD to 1/2 position, and added a full position to ZM to bring it up to a double position. I still think ABMD has excellent long term potential, but with their recent earnings hit and guidance downgrade, I think it might be a while before they restart their momentum. In deciding where to reallocate/add funds, it came down to ZM and DOCU, the latter of which I currently hold only a 1/2 position. I liked ZM’s upside a little more, but I’m still looking at adding to DOCU.

Current LT positions:
AAPL, AAXN, ABMD(.5), AMZN, APPN, AYX(2), BIDU, CGNX(.5), DDOG, DOCU(.5), EDIT, EEFT(.5), EPAM, ESTC, ETSY, FB(.5), FICO(.5), FSLY, GH, HUBS(.5), INSP, ISRG, LVGO(.5), LYV, MA(.5), MDB(2), MELI(2), MTCH, NTNX, NVCR, NVDA, OKTA, OLLI(.5), PANW, ROKU, SFIX(.5), SHOP, SMAR, TDOC(2), TEAM(2), TREX(2), TTD(2), TTWO, TWLO, VEEV(2), WIX(.5), ZEN(2), ZM(2), ZS(.5)

Current LT Candidates:
ADBE, AMT, APPF, ATVI, BRK/B, CRM, CRSP, GOOG, KNSL, LITE, LOB, MASI, MNST, MSFT, NEE, NOW, PING, PYPL, QTWO, RGEN, RVLV, SNPS, SPLK, WD, WDAY, WORK

1. Underlined = I have previously provided a write up in this thread
2. Bold = New Stock or Altered Position
3. (.5)= 1/2 Position
4. (2) = Double Position

[BlueWolf]

'Nuther very good day for your stuff.

Also, people may have seen an ad called "Financial Melt-Up Major News Isn't Talking About" with a picture of some chick in a pink blouse and dark jacket. It's one of these long-winded presentations designed to get subscriptions to some service. Anyway the featured guaranteed 10X stock given at the very end is TDOC.

TDOC is one of my favorites. The upside potential is phenomenal, which is why I have a double position.

[Louetta]

'Nuther very good day for your stuff.

Also, people may have seen an ad called "Financial Melt-Up Major News Isn't Talking About" with a picture of some chick in a pink blouse and dark jacket. It's one of these long-winded presentations designed to get subscriptions to some service. Anyway the featured guaranteed 10X stock given at the very end is TDOC.

[Louetta]

Thanks for the update.

[BlueWolf]

I closed 1/2 my OLLI position today. I didn’t like the failed attempt at a rally in the stock since the early December gap up. I still think there’s a lot of potential here, but I’m being a little cautious, and I wanted to free up a little cash.

Current LT positions:
AAPL, AAXN, ABMD, AMZN, APPN, AYX(2), BIDU, CGNX(.5), DDOG, DOCU(.5), EDIT, EEFT(.5), EPAM, ESTC, ETSY, FB(.5), FICO(.5), FSLY, GH, HUBS(.5), INSP, ISRG, LVGO(.5), LYV, MA(.5), MDB(2), MELI(2), MTCH, NTNX, NVCR, NVDA, OKTA, OLLI(.5), PANW, ROKU, SFIX(.5), SHOP, SMAR, TDOC(2), TEAM(2), TREX(2), TTD(2), TTWO, TWLO, VEEV(2), WIX(.5), ZEN(2), ZM, ZS(.5)

Current LT Candidates:
ADBE, AMT, APPF, ATVI, BRK/B, CRM, CRSP, GOOG, KNSL, LITE, LOB, MASI, MNST, MSFT, NEE, NOW, PING, PYPL, QTWO, RGEN, RVLV, SNPS, SPLK, WD, WDAY, WORK

1. Underlined = I have previously provided a write up in this thread
2. Bold = New Stock
3. (.5)= 1/2 Position
4. (2) = Double Position

[BlueWolf]

I’m adding a few more stocks to my watchlist, including the re-addition of RVLV, a stock in which I had previously held a position. I’m also considering adding a 1/2 position in DOCU. I really like this company, but I’m getting pretty close to fully invested, so I’m being a little more cautious. I could always sell all or some of a poorly performing position and roll it into DOCU. We’ll see.

Current LT positions:
AAPL, AAXN, ABMD, AMZN, APPN, AYX, BIDU, CGNX, DDOG, DOCU, EDIT, EEFT, EPAM, ESTC, ETSY, FB, FICO, FSLY, GH, HUBS, INSP, ISRG, LVGO, LYV, MA, MDB, MELI, MTCH, NTNX, NVCR, NVDA, OKTA, OLLI, PANW, ROKU, SFIX, SHOP, SMAR, TDOC, TEAM, TREX, TTD, TTWO, TWLO, VEEV, WIX, ZEN, ZM, ZS

Current LT Candidates:
ADBE, AMT, APPF, ATVI, BRK/B, CRM, CRSP, GOOG, KNSL, LITE, LOB, MASI, MNST, MSFT, NEE, NOW, PING, PYPL, QTWO, RGEN, RVLV, SNPS, SPLK, WD, WDAY, WORK

1. Underlined = I have previously provided a write up in this thread
2. Bold - New Stock

[BlueWolf]

Here’s a raw summary of how my round 2 positions have done. I didn’t beat the S&P, largely because I took a bit of a beating initially. It was a good thing I sold off the five positions I did when I did because they are all significantly down even more since I sold them although I did buy back into FSLY. All in all, I’m happy with my returns for 2019, which included 39.53% on round 1. My returns from day trading also exceeded 20% on the capital I committed to that. I don’t expect to duplicate those kind of numbers this year, especially if we head into a recession. If we do head into a recession, I’ll probably day & swing trade a lot more. As I have said, it’s very difficult to make good money on equities in a bear market largely because your returns on short trades are capped. What a bear market does give you, however, is the opportunity to get great entries on good long term stocks going into the next bull market. Here is the round 2 LT position performance summary:

Stock	Date	Purchase Price	Date Closed	Current or Closing Price	Position Size	Effective % Gain/Loss
		Closed	Positions
ANET	09/06/2019	$235.10	11/04/2019	$190.56	1	-18.95%
CRWD	09/17/2019	$70.33	10/30/2019	$50.30	0.5	-14.24%
FSLY	09/11/2019	$32.74	10/21/2019	$22.71	0.5	-15.32%
IIPR	09/11/2019	$88.85	10/15/2019	$79.53	0.5	-5.24%
RVLV	09/11/2019	$25.08	10/22/2019	$21.50	0.5	-7.14%
		Open	Positions
AAPL	09/09/2019	$214.69		$299.80	1	39.64%
AAXN	09/06/2019	$62.11		$68.75	1	10.69%
ABMD	09/06/2019	$191.29		$179.04	1	-6.40%
AMZN	09/06/2019	$1,833.65		$1,902.88	1	3.78%
APPN	10/25/2019	$43.84		$38.89	1	-11.29%
AYX	09/12/2019	$116.76		$108.69	2	-13.82%
BIDU	09/10/2019	$107.73		$135.94	1	26.19%
CGNX	10/31/2019	$51.55		$55.24	0.5	3.58%
DDOG	11/25/2019	$43.37		$39.90	1	-8.00%
DOCU	09/25/2019	$62.20		$75.39	0.5	10.60%
EDIT	09/06/2019	$25.07		$29.73	1	18.59%
EEFT	10/04/2019	$148.69		$158.36	0.5	3.25%
EPAM	10/03/2019	$179.00		$214.20	1	39.33%
ESTC	11/05/2019	$75.19		$67.81	1	-9.82%
ETSY	11/27/2019	$44.41		$44.83	1	0.95%
FB	09/19/2019	$190.10		$212.60	0.5	5.92%
FICO	09/17/2019	$316.60		$384.00	0.5	10.64%
FSLY (2nd)	01/06/2020	$21.76		$21.86	1	0.46%
GH	09/12/2019	$77.34		$79.12	1	2.30%
HUBS	01/02/2020	$162.10		$167.00	0.5	1.51%
INSP	10/24/2019	$57.35		$75.48	1	31.61%
ISRG	09/11/2019	$518.00		$595.76	1	15.01%
LVGO	12/16/2019	$26.85		$25.04	0.5	-3.37%
LYV	09/06/2019	$71.43		$71.74	1	0.43%
MA	09/25/2019	$272.22		$301.23	0.5	5.33%
MDB	09/10/2019	$130.63		$140.50	2	15.11%
MELI	09/11/2019	$568.00		$606.55	2	13.57%
MTCH	09/12/2019	$76.60		$84.32	1	10.08%
NTNX	10/25/2019	$28.07		$33.14	1	18.06%
NVCR	09/11/2019	$79.07		$76.11	1	-3.74%
NVDA	09/06/2019	$177.93		$237.06	1	33.23%
OKTA	09/10/2019	$108.22		$123.43	1	14.05%
OLLI	10/28/2019	$65.58		$61.51	1	-6.21%
PANW	09/06/2019	$216.28		$240.26	1	11.09%
ROKU	09/11/2019	$146.64		$143.37	1	-2.23%
SFIX	09/10/2019	$20.48		$24.76	0.5	10.45%
SHOP	09/11/2019	$342.47		$413.33	1	20.69%
SMAR	10/24/2019	$38.46		$45.81	1	19.11%
TDOC	09/06/2019	$62.80		$86.94	2	76.88%
TEAM	09/12/2019	$125.46		$127.69	2	3.55%
TREX	09/06/2019	$87.57		$90.83	2	7.45%
TTD	09/12/2019	$218.09		$277.91	2	54.86%
TTWO	09/06/2019	$131.97		$124.69	1	-5.52%
TWLO	10/28/2019	$106.92		$107.46	1	0.51%
VEEV	09/11/2019	$145.44		$144.20	2	-1.71%
WIX	10/03/2019	$119.78		$131.63	0.5	4.95%
ZEN	09/11/2019	$77.35		$80.93	2	9.26%
ZM	10/30/2019	$69.76		$70.32	1	0.80%
ZS	09/18/2019	$52.04		$48.70	0.5	-3.21%
Closed Position Total						-12.18%
Open Positions Total						9.76%
Grand Total						7.73%
S&P Since 9/6/2019						8.90%

Note: I modified the chart to account for 1/2 vs full vs double positions. This more accurately reflects real world performance and indicates that I wasn’t as far off as I thought in terms of matching the S&P.

[Louetta]

Good day for your stuff.

[BlueWolf]

New Position: FSLY

I re-opened a position in FSLY today following a Piper Jaffray upgrade. It wasn’t on my LT watch list, but I had previously held FSLY when I first opened this round of LT stocks. I sold it in October at a pretty healthy loss, but I have kept an eye on it because I like their product and their growth story and figured I might be able to recoup at some point in the future. They had a very good quarter in November and should be reporting again in February, so I wanted to be onboard beforehand in the event there is an upside surprise as there was last quarter. This one is a big gamble, but I am willing to take on a few long shots from time to time. I also added WORK back to my LT watchlist. I had some serious concerns about them because of Microsoft’s incursion into their space, but they seem to be weathering the storm pretty well and revenue looks good. I might take a shot in the future.

Current LT positions:
AAPL, AAXN, ABMD, AMZN, APPN, AYX, BIDU, CGNX, DDOG, DOCU, EDIT, EEFT, EPAM, ESTC, ETSY, FB, FICO, FSLY, GH, HUBS, INSP, ISRG, LVGO, LYV, MA, MDB, MELI, MTCH, NTNX, NVCR, NVDA, OKTA, OLLI, PANW, ROKU, SFIX, SHOP, SMAR, TDOC, TEAM, TREX, TTD, TTWO, TWLO, VEEV, WIX, ZEN, ZM, ZS

Current LT Candidates:
ADBE, AMT, APPF, BRK/B, CRM, CRSP, GOOG, KNSL, LITE, LOB, MASI, MSFT, NEE, NOW, PYPL, QTWO, RGEN, SNPS, SPLK, WD, WDAY, WORK

1. Underlined = I have previously provided a write up in this thread
2. Bold - New Stock

[BlueWolf]

BlueWolf, I like your font. Easy for us oldsters to read.
-----------------billy

Gotta accommodate our fading vision 🤓

[billyjoe]

BlueWolf, I like your font. Easy for us oldsters to read.

-----------------billy

[Louetta]

Thanks for the update. Good day for your stuff today.

[BlueWolf]

I opened a 1/2 position in HUBS today. This stock has been in my watchlist for a while and looked very buyable at these levels. There are a number of other stocks on my LT watch list I really like, but I don’t want to chase them for an entry. For the most part, I am happy with most of my positions this round. My biggest disappointments have been ABMD, ANET, APPN, ESTC, and ZM. I’m not ready to give up on these stocks yet as I still think they all have compelling growth stories, but if things don’t start looking up by next earnings, I might have to cut bait. My philosophy has always been to pull cash from losers and put more cash into winners.

Current LT positions:
AAPL, AAXN, ABMD, AMZN, APPN, AYX, BIDU, CGNX, DDOG, DOCU, EDIT, EEFT, EPAM, ESTC, ETSY, FB, FICO, GH, HUBS, INSP, ISRG, LVGO, LYV, MA, MDB, MELI, MTCH, NTNX, NVCR, NVDA, OKTA, OLLI, PANW, ROKU, SFIX, SHOP, SMAR, TDOC, TEAM, TREX, TTD, TTWO, TWLO, VEEV, WIX, ZEN, ZM, ZS

Current LT Candidates:
ADBE, AMT, APPF, BRK/B, CRM, CRSP, GOOG, KNSL, LITE, LOB, MASI, MSFT, NEE, NOW, PYPL, QTWO, RGEN, SNPS, SPLK, WD, WDAY

1. Underlined = I have previously provided a write up in this thread
2. Bold - New Stock

[BlueWolf]

Added a 1/2 position in LVGO today. I also thought about adding to my DOCU position, but didn’t. I really like their story, though.

Current LT positions:
AAPL, AAXN, ABMD, AMZN, APPN, AYX, BIDU, CGNX, DDOG, DOCU, EDIT, EEFT, EPAM, ESTC, ETSY, FB, FICO, GH, INSP, ISRG, LVGO, LYV, MA, MDB, MELI, MTCH, NTNX, NVCR, NVDA, OKTA, OLLI, PANW, ROKU, SFIX, SHOP, SMAR, TDOC, TEAM, TREX, TTD, TTWO, TWLO, VEEV, WIX, ZEN, ZM, ZS

Current LT Candidates:
ADBE, AMT, APPF, BRK/B, CRM, CRSP, GOOG, HUBS, KNSL, LITE, LOB, MASI, MSFT, NEE, NOW, PYPL, QTWO, RGEN, SNPS, SPLK, WD, WDAY

1. Underlined = I have previously provided a write up in this thread
2. Bold - New Stock

[billyjoe]

MA has been a wonderfully boring stock for me: http://bigcharts.marketwatch.com/qui...w=True&time=12

Hindsight is always 20-20, but I still think if I had put everything into MA 5 years ago.

---------------billy