YOLO Portfolio Update; 2 New Buys

Beating the S&P since inception and adding 2 more stocks.

Expect to learn:

• The YOLO Portfolio's impressive 31% rally and its outperformance of the S&P 500 since inception.

• The strategy behind identifying high-reward opportunities and the concentrated nature of the YOLO Portfolio.

• Detailed updates on two top-performing stocks, a healthcare stock offering re-entry potential, and a new addition to the portfolio.

• Insights into Palantir's accelerated growth, Sea Limited's recent 50% surge, and Shopify's strengthening position in global commerce.

• Analysis of altcoins, including RUNE, and upcoming moves within the YOLO Portfolio.

Overview

The YOLO Portfolio has rallied over 31% since inception, outperforming the S&P 500.

For those investors looking to aggressively grow their portfolio, it’s not enough to diversify our holdings. In fact, you would probably want to concentrate your holdings in a few high-risk and high-conviction stocks/assets.

But how can investors find and identify high-reward opportunities?

That’s exactly what we do here with the YOLO portfolio. You can read more about how we find assets with 10x potential here:

Portfolio Update: 2 New Buys

There’s been a lot of volatility since the last earnings, but we held on to our positions, and a lot of our high beta names have done VERY well after earnings.

In this post, we will be looking at:

• Two stocks in the portfolio that are up 30%-40% in the last three weeks.

• A healthcare stock up over 100% since we added, offering us a great re-entry point

• An underrated “crypto stock”, now that BTC is getting ready to break out

• One new stock we are adding.

• Review of our altcoins holdings

Let’s begin with one of the most talked about stocks out there, especially since their last earnings

Palantir (PLTR)

Palantir beat revenue and earnings and showed a promising acceleration in its growth trajectory.

Palantir’s AIP is changing how corporations view data:

What you're really seeing is a very tight learning circle, what works, what doesn't, why. And that's very different than places that aren't working. In America, it has many businesses that are very strong and they're very, very agile, so they're learning very, very quickly. And then much like people watching this call, they're like, okay, this is working, there were leaders like you who predicted this would work

Source: Earnings Call

In short, Palantir is tapping a $500 billion market

This is further evidenced by their recent partnership with Microsoft (MSFT)

You can read my full review on Seeking Alpha. If you’re not yet an SA subscriber, you can sign-up here. 

I personally use SA daily to get access to the latest news, company filings valuation data, and of course, top notch analysis.

Now, a look at the technical chart for Palantir. We have the $35-$40 area as our most immediate target for wave 3. We are looking exhausted on the RSI and MACD, so we might be testing the 20 EMA before we can head back into that zone. Notice that September is seasonally a weak month, but October and November are quite strong. 

I did a full review of earnings here.

Now, here’s another stock that has done even better than Palantir in the last month, up over 50% since the Black Monday fake-out.