[U.S. Stocks] Portfolio as of January 28
Hello, I’m Lehman (@Lehman1980).
As the situation in Iran remains unclear, global attention has shifted to the novel coronavirus issue.
From around January 20, infections were confirmed not only in mainland China but also in various Asian countries including Japan, as well as in the West.
There have been about 6,000 cases in mainland China and about 100 outside of mainland China. Among them, about 130 deaths have occurred.
The fatality rate is about 2%, and there are reports that China and the United States are taking virus countermeasures and vaccine development.
The situation remains uncertain, but the NY markets have shown only a limited reaction.
On January 24, the S&P 500 fell 0.90% to 3295 points.
Next, on the 27th, the largest decline of the year occurred, dropping 1.57% to 3243 points.
The gains in January were almost a wash, but last night a technical rebound saw a 1% rise, closing at 3276 points.
https://jp.investing.com/indices/us-spx-500-historical-data
U.S. stock holdings
This is SBI Securities account summary (as of the January 28 close).
In the last two weeks, I have been reducing individual stock holdings as a risk-off measure,
for high-value ETFs, I set long-term stop orders to secure profits, and
as a result, VTI’s slightly higher stop order triggered, selling 60 shares and significantly increasing buying power (MMF) to $14,800.
Since the previous article,the cumulative profit and loss has decreased by about $800.
Stocks bought/sold
Take-profit sales: BTI 40, CMCSA 20, GSK all, VTI 60
Stop-loss sales: WBK 40
Additional purchases: SPYD 50, VGT 10, SMH 25, VZ 10
This time also many trades, so presented as bullet points.
- Focused profit-taking on certain individual stocks with solid gains.
- About 80% of gains realized on VTI, reducing overall position size.
- As the market trends risk-off, added stop loss on WBK.
- Central to the high-dividend strategy, increased SPYD purchases..
- To capture profits on a reversal, increased high-tech and semiconductor ETFs..
This week’s stock topics
Heatmap of S&P 500 constituent stocks for this week (January 21 to January 28). (Source: FINVIZ)
Unlike last time, there is a lot of red.
Among holdings, ABBV fell by 4.8%.
VZ remains barely in positive territory.
By sector, healthcare, financials, energy, and tobacco have been hit hard.
INTC, which reported strong results, surged 11%. Looking forward to other semiconductor and tech earnings!
Summary
Neither the novel coronavirus nor the Iran issue is fully predictable yet.
In sharp declines, I will continue to use limit orders and position reductions to keep the portfolio from large unrealized losses, while aiming to realize profits and cut losses.
Meanwhile, despite the stock market decline, the yen has moved slowly, strengthening from around 110 to about 109 per dollar.
Oil prices have fallen by more than 15% since the Iran crisis (from $63 to $53).
When the stock market hasn’t shown a clear reversal or remains high, it can be interesting to invest in gold or oil ETFs.
By the way, I placed a tentative buy order for a WTI crude oil ETF on the Tokyo Stock Exchange for about 100,000 yen.
Until next time!
