Tuesday, August 31, 2021

S&P Levels

 Another all time high on 8/30: 4,537.36

50 day moving average ~4,385 (-3.1%)

-5% would be ~4300, last seen July 20, just 6 weeks ago.

-10% would be ~4075, last seen May 19

-15% would be 3,850, last seen March 25

-20% would be 3,622, last seen 11/30/20

Pullback of 10.5% began last year on 9/2/2020, it was a 2 month double dip that concluded 10/30/20

~3,400 was pre-Covid high, February of last year.

Tuesday, August 24, 2021

Positions Update

Follow up to current positions and this aforementioned list. S&P was around 3700 at this time. 
  • Still 70% cash
  • Oracle (ORCL) now 89.64
  • Apple (AAPL) now 149.59
  • GoPro (GPRO) now 10.23, Sonos (SONO) now 39.50 and Sharpspring (SHSP) acquired at 17 by Constant Contact
  • Losing my ass on VXX but I'm still a believer with September and October just around the corner.
  • Aurora Cannabis (ACB) to participate in the marijuana theme but I probably have the wrong name here
  • Pine Island Acquisition Corp (PIPP), a SPAC with DOD connections to the Biden Administration

S&P now 4488 and setting all time highs every week.