June 2020 Robinhood Account

Starting today I will be posting one portfolio post and update results daily on the same post. In-other-words, the entire month of June and the end of day results will be posted here as each day ends.

June 1, 2020

In the pre-market trading this morning I purchased at least one share of every stock in my watchlist. There were 3 stocks I wasn't able to purchase because I ran out of cash. Kind of excited to see how the week goes. 

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June 2, 2020

Up $41.58

I did my holdings in a short video clip because they won't all fit on the screen otherwise.

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June 3, 2020

Small increase of $15.24

Nothing was sold today so no update on holdings.

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June 4, 2020

Down $36.98

No change again today in my holdings. Tomorrow there will be changes.

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June 5, 2020

Friday update:
Sold entire Robinhood portfolio with each stock selling at a profit.
Close $2838.04
Up $62.92 from yesterday. 
Up 89.41 for the week. 

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June 8, 2020

Up $26.53

So this morning before the market opened I set market orders for each of my current holdings. I don't normally do this, but I had something I had to do this morning around the time the market opened and wanted to make sure I purchased early. Well, it just so happens Robinhood had other plans for me. I am grateful for this because the delay in my orders being filled helped me to get a better price. Below are the purchases from this morning: V - 1.183161 shares @ $199.90 TQQQ - 2.641005 shares @ $89.56 MA - 0.759542 shares @ $311.40 PYPL - 1.529243 shares @ $154.66 QQQ - 0.987957 shares @ $239.40 AAPL - 0.715587 shares @ $330.53 SPY - 0.73828 shares @ $320.35 DIA - 0.865185 shares @ $273.36 UDOW - 3.092534 shares @ $76.48 SPXL - 5.008871 shares @ $47.22 LOW - 1.807565 shares @ $130.84 VGT - 0.875478 shares @ $270.21 Happy trading this week!

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June 9, 2020

Up $12.84

Nothing sold today. A slow growth day today. There is a lot of talk about the possibility of the market being in a bubble. They are saying that the market is about to crash. Everyone I have heard talking about this seems to believe that the crash which happened due to the coronavirus was not the pullback that everyone had been predicting since September of 2019. That somehow that crash didn't work or was somehow not a natural market pullback. I don't buy into that line of thinking. I may be wrong, but I believe that there are hundreds of thousands more people involved in the stock market than there was even 5 years ago due to the advent of the overwhelming availability of free trading apps and fractional share purchasing. These two facts alone have caused many people to get involved, and with that I believe people are finding out that investing and trading stocks is not as difficult as maybe it once was. There is so much opportunity out there in the markets today, and so many people chasing those opportunities that I believe it is creating more growth more quickly, but it is not a bubble. Not in my mind. Now, I do believe that the coronavirus crash did create a level of resistance in the markets. At this point we are rapidly approaching that resistance level. I have been noticing over the last two weeks that the engine seems to be losing a little steam as forward momentum is slowing down. In the next two weeks the DOW will likely continue to feel more and more sluggish as we approach the 29k mark. The big question is, will the market have a strong pullback, or will it slow to a near stop for a few days before pushing through. As any good bull would, I am hopeful to see 30K+ before the end of July. I am not predicting that will be the case. I realize that a 7-10% pullback is not out of the question. Whatever happens my sail is set and I will adjust it as the market winds blow. One thing we all need to remember is the market is designed to do two things. Number 1 is it is designed to grow, and number 2 is it is designed to correct itself in a downturn. This is why I am an eternal BULL. Happy Trading!

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June 10, 2020

Sold PYPL and AAPL for a profit today. Down $35.47 I'm expecting a gap up in the morning. We shall see.

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June 11, 2020

Market is reaching pre-covid resistance zone. Rough waters ahead. No panicing, just gonna ride out the storm.
Down $218.31

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June 12, 2020

Up $19.43

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June 15, 2020

Up $79.42

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June 16, 2020

Up $64.28

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June 17, 2020

Down $27.48

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June 18, 2020

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