Watchlist companies, sectors & investments on the Private Banker FX radar.
During the month of May we added AMD to the portfolio. In June Qorvo Inc, Microchip Technology Inc, Square & Roblox Corporation to the portfolio, along with an Arbitrage trade on GBTC.
July see’s new additions into the Cannabis sector as the US continues to see remarkable shifts within this industry.
July has also seen the highly anticipated stock split in NVIDIA, 4:1, which we believe presented an spectacular opportunity to accumulate more positions. NVIDIA continues to hold 81% market share.
Activision Blizzard positions have now been initiated as the gaming industry continues to astound. This stock has seen initial weakness, we will be pursuing further positions on this weakness.
August
This month has seen initial positions into VM Ware & F5 initiated along with positions in Global X CLOU ETF. With a closure to PINS in the PBFX 1 portfolio and BAND.
New sectors for PBFX.
As the US now moves into a new era of Nuclear energy in a bid to slash US green house emissions by 50% by 2030, we now see an emergence of Uranium investments & a drive by the DoE to expand on this technology to secure world leadership in this sector. Senior miners such as – BHP, Cameco, Rio Tinto. Global X ARCA:URA ETF & Van Eck Market Vectors Uranium & Nuclear energy ETF, ARCA:NLR.
We’ll also be seeking future investments in further Crypto backed Equities and Funds.
De-Fi – The entire De-Fi sector is a “Radar”investment here at PBFX. Relatively un-known at this time in the general investment world. We believe this sector is right at the beginning of growth.
BitStocks – Focus here is for a specialty focused Portfolio to gain indirect exposure to Bitcoin by building positions into companies who have converted large percentages of their balance sheets over into BTC. As well as Companies who are more directly involved in the BTC arena.
BLCN – Reality Shares ETF – NexGen economy ETF. +106% in last year. YTD – +19.59% 26 week return, +42.29% (Large cap blend equities)
GAMR – Wedbush ETFMG Video Game Tech ETF – Consists of a basket of 88 of the worlds top companies that make everything from the smallest components of gaming machines to biggest gaming developers in the world. Not only are we bullish in this sector due to rise in sales from the global pandemic, 5G and such technologies are allowing a push into AR which is creating new growth in this sector. +109.51% in last year, +48% last 6 months.
VM WARE – With the announcement this week of a new Chief executive, along with better than anticipated prelim results for Q1 2021, this is company on our “Radar”. May 27th after market VM Ware will announce their formal Q1 earnings. We look forward to soon adding this to the portfolio. YtD +14.8%. Multiple analysts have upped their price targets on VM WARE in the last few weeks.
February-March and again into May saw the vast majority of growth stocks being heavily sold off as we moved in to a period of “Risk off” sentiment. This does not currently change our L/T view on these stocks. This now presents us a new opportunity to add and build to current positions. Many of these high growth stocks are volatile and as such are subject to at least once yearly 20-30% corrections. The inflation trade has resurrected some rotations out of growth sectors and the Covid re-opening has further exasperated outflows from growth into the “re-opening” trades. We see this balancing out in H2 with a resumption of the high quality growth stocks regaining momentum.
