It finally happened. After two long months Baytex Energy finally stretched back up to my break even point around $1.44 per share. And thus, I sold! Unfortunately for me, I fell slightly short of breaking even due to Robinhood’s revenue generating method of routing trades to behind-the-scenes parties instead of posting them on the publicContinue reading “Day 19: My First Sale”
Author Archives: Josh Rossenbach
Day 18: Continuing Green
Finishing the day up just shy of $70 (3.81%), my new account balance heading into this weekend is $1877. Almost back to where we ended our first day of this journey, which was $1878. We’re on a roll! Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $27.66 (4.77%) YETI Holdings, Inc. (YETI): 10 sharesContinue reading “Day 18: Continuing Green”
Day 17: $1,800
Up over 5% today, we re-cracked the $1,800 level. Up almost $90 on the day! Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $26.40 (7.40%) YETI Holdings, Inc. (YETI): 10 shares @ $29.23 (1.42%) Baytex Energy Corporation (BTE): 200 shares @ $1.32 (3.13%) Microsoft Corp. (MSFT): 1 share @ $140.05 (1.76%) Canopy was obviouslyContinue reading “Day 17: $1,800”
Day 15: Rocky Road
Wow, today was a bit of a roller coaster. Pre-market saw a big selloff and my account value dropped about 1.7% (or around $30) before the markets even opened. There was a late rally and in the last 2 and 1/2 hours of market open I swung up to a gain of just over 2%.Continue reading “Day 15: Rocky Road”
Estimating Retirement
In honor of Labor Day, I spent a few hours this weekend reading up on strategies for estimating all things retirement. With the increasing popularity of the FIRE movement (Financial Independence, Retire Early), there is a ton of information out there for how you can calculate how much money you’ll need in order to retireContinue reading “Estimating Retirement”
Day 14: Down a Bit
I don’t remember where I saw it, but somewhere I saw a comment that heading into a three-day weekend is often a down day in the market. Apparently, that was a little bit prophetic for today. Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $23.58 (-2.28%) YETI Holdings, Inc. (YETI): 10 shares @ $28.25Continue reading “Day 14: Down a Bit”
Day 13: On a Roll!
Another green day, I’m on a roll! Somewhat interesting after yesterday’s thoughts of wanting CGC to be low and my other stocks to be high before rotating between positions, that is exactly what has happened today. Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $24.13 (-0.29%) YETI Holdings, Inc. (YETI): 10 shares @ $28.42Continue reading “Day 13: On a Roll!”
Day 12: A Second Green Day!
Woohoo! Up over $50 at market close today. That’s cause of a little celebration. Microsoft lost me a few cents, but other than that everything else had a solid day (each up over 3%)! Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $24.20 (3.02%) YETI Holdings, Inc. (YETI): 10 shares @ $27.26 (3.49%) BaytexContinue reading “Day 12: A Second Green Day!”
Day 11: The Bleeding Continues
It’s almost too painful to watch. I think it might be finally time to abandon this CGC top heavy ship. Down again today another 4%, around $70. My account balance has tumbled down to $1,623. Now if I’m going to start my Option Alpha journey with a $2,000 splash, I’ll have to add in anotherContinue reading “Day 11: The Bleeding Continues”
Day 10: A Small Relief
Well, I ended up doing nothing. Didn’t sell any stocks. Didn’t buy any options. Just stood pat and waited to see what direction the market went (and more importantly to me, the direction the few stocks I own went). I’m also finally starting to kick this bout with a cold, so that’s a relief. AsideContinue reading “Day 10: A Small Relief”