Despite all of the bearish news flow, investors and traders seem to remain incredibly bullish. Why is that?
Join Irk as he goes over his short-term market outlook and discusses why he took profits EVERYWHERE in his Speculation in Play portfolio (CCL, CVX, DKNG, GE, JETS, LVS, PINS, TW, and Z / ZG) and added to Rivian (RIVN) in his Investments in Play Portfolio this week.
CHAPTERS:
0:00 Irk provides his short-term Stock Market Outlook
0:40 Irk's Biggest Stock Winners and Losers in his Speculation in Play Portfolio - Danimer Scientific (DNMR) and GrowGeneration (GRWG)
1:13 Irk discusses profit-taking in Speculation in Play
1:23 Chevron (CVX): Full Position Closure
1:46 General Electric (GE): Full Position Closure
2:27 Tradeweb Markets (TW): Full Position Closure
2:55 U.S. Global Airlines ETF (JETS): Profit-Taking and Capital Removal
3:48 Carnival Cruise Lines (CCL): Profit-Taking
4:32 DraftKings (DKNG): Profit-Taking but Raising the Cost Basis
5:17 Las Vegas Sands (LVS): Profit-Taking and Capital Removal
6:05 Pinterest (PINS): Even MORE Profit-Taking
6:47 Zillow (Z / ZG): Profit-Taking but Raising the Cost Basis
7:51 Irk's Biggest Stock Winners and Losers in his Investments in Play Portfolio - Coinbase (COIN) and Schwab (SCHW)
8:37 Rivian (RIVN): Adding to the Position with Future Buy and Sell Price Targets
LEARN MORE:
► Learn for FREE with Get Irked: https://www.getirked.com
IRK'S RECOMMENDED PODCASTS:
► CNBC's Mad Money with Jim Cramer: https://cnb.cx/3OCJZfJ
► CNBC's Fast Money: https://cnb.cx/3OBIhLH
► Eurodollar University: https://bit.ly/Gi-EurodollarPod
► MacroVoices: https://bit.ly/Gi-MacroVoicesPod
► The Rebel Capitalist: https://bit.ly/Gi-TheRebelCapitalistPod
► On the Tape: https://bit.ly/Gi-OnTheTapePod
IRK'S RECOMMENDED INVESTING BOOKS/AUDIOBOOKS:
► Get Rich Carefully: https://amzn.to/38SveH1
► Rich Dad, Poor Dad: https://amzn.to/38BI60x
► Market Wizards: https://amzn.to/3qG6mVv
► The New Market Wizards: https://amzn.to/3lfJHOT
► Hedge Fund Market Wizards: https://amzn.to/30MKyNn
► Unknown Market Wizards: https://amzn.to/30JmdZ3
► What I Learned Losing A Million Dollars: https://amzn.to/3cxAsp4
IRK'S REFERRAL LINKS:
► Schwab - The best stock broker (in my opinion) - Get a cash bonus depending on your account size: https://bit.ly/3fIpSvd
► Gemini - Cheaper fees than Coinbase - Trade $100 of USD in one month, and we each get $10: https://bit.ly/Gi-Gemini
► Coinbase - For alt-coins not on Gemini (Coinbase's fees are higher) - we each get $10: https://bit.ly/Gi-Coinbase
► TradingView - Charting Software and Technical Analysis: https://bit.ly/3tWYwvk
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