2020年11月6日星期五

停滯不前

目前組合:














組合 year to date回報:117.3%
標普500 year to date年回報:8.7%
納指year to date年回報:32.5%
恆指 year to date 回報:(8.8%)

-          投資組合回報仍保持在100%之上,但自9月初equity return curve進入停滯不前的上落狀態。主要原因是今年帶來豐厚回報的重倉Tesla8月底後未能再創新高,繼而限制投資組合的爆發力。此外,今年年初持股股數也影響對TSLA的投資決定,太著意要補回年初股數也令股價未展現充份強勢時買入過多比重

-          這一個多月來持股成員作出不少變化,要令投資組合加入具活力的新血,尤其是好些之前trade開股份己過了最爆炸性的一段。但問題是目前除第一大持股外,其餘股份比重太散,未是理想狀態。其一原因是好公司太多,很多隻也想買。其二是11月重因應市況現金比重提升至近50%,其後接連三天納指急升,但升得太急的話要追回持貨也不容易做決定,以及有焗追的感覺

-       個別股票在升至高位或股價轉弱時應予減持以控制風險,但如何補回又是一項議題。剛公佈利好業績的SQ雖則目前是第二大持倉,但9月份及10月份時相斷賣出及補回了兩轉,目前總股數其實較8月份是少了一截

-  在交易技巧上要進步便要嘗試作反向交易,第一注執行要在大跌時買入及升時沽出,或在一個行情醞釀中的時候。若待明確訊號突破出現時才下第一注往往己錯失了先機


15 則留言:

  1. SQ Cash App monstrous revenue and profit growth

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    1. Yes, very imprestive with growth acceleration. I added some on Friday

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  2. Hi You sir, any specific reason on buying YALA & FVRR, they seems do not have strong moats on its business? Thanks!!

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    1. YALA - emerging social network in Middle East
      FVRR - outsourcing job exchange platform

      I think they have increasing moat due to scale of social network

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  3. Friday action: Add SQ PTON FVRR
    Take profit on NIO, reduce TSLA as I need to retain cash position due to lingering uncertainty over the US election

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  4. Big progress in vaccine development is casuing a sector rotation in pre market, with tech stocks tumbling but old economy stocks soaring. It will be a challenge to react tonight


    The first interim efficacy analysis of the large-scale Phase 2/3 clinical trial evaluating Pfizer (NYSE:PFE) and BioNTech's (NASDAQ:BNTX) COVID-19 vaccine candidate, BNT162b2, showed it to be more than 90% effective seven days after the second dose in preventing infection in participants with no evidence of prior SARS-CoV-2 infection.

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  5. Add SQ TDOC PINS as they are not much affected by COVID vaccine

    Sell PTON, as Covid vaccine means less GYM at home

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  6. 我加左zoom, 認為開conference call 會變成new normal
    再加q3 er 未出,希望岩

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    1. 可以咁講,但又要考慮剛剛季度的增長太快,要繼續維持高増長在高基數下有困難

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    2. https://www.similarweb.com/zh/website/zoom.com/
      可以參考下呢半年既瀏覽量
      再加埋CISCO 後日ER, 可以睇下WEBEX如何

      BTW 我SUB開既呢期強推ROKU/MGNI 有興趣參考下

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  7. Sell DOCU
    Buy ENPH
    Reduce TSLA

    Covid beneficiary stocks, namely cloud stocks, are weakening

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    1. Further sell TDOC and raised cash level to 15%

      Sector rotation is weighing pressure on tech stocks and underlying market momentum is not that strong. Turning more cautious

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  8. Buy BA, to add cyclical old economy stocks to balance the portfolio

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