Date: 08/08/2023
Author: Mr. X
Months after we closed Rouge Investing Daily, it’s worth looking at the portfolio and seeing what those still holding these positions might want to consider.
The “Trade of the Decade,” ASML Holding NV [ASML], is doing well, up more than 16% from the purchase price and gaining more than 2.25% yesterday during the trading day. Consider holding here.
Booz Allen Hamilton [BAH] is up more than 27%. Consider setting a floor for 15% profit if you purchased near the RID entry price of $96.47 on 1/28/22. Increasing military spending and the shift towards conventional power competition bodes well here, so give yourself some leeway. The floor here will be set at $115.
BWX Technologies [BWXT] is up more than 20% and received a boost yesterday with a target price increase from Truist Financial to $77. Consider setting a sales target at $77.
Teucrium Corn Fund [CORN] is down about 20%. Consider holding for now and looking to sell the next time we hit $24 on supply concerns. Dole PLC [DOLE] is up slightly – consider selling at $13.00 or above depending on where it opens tomorrow. If it opens at $13 or above, its opening price will be the CLOSED price in the RID Legacy Model Portfolio.
Kellogg [K] is down a bit under 10%. Consider cutting losses here and selling. The opening price on this tomorrow will be the CLOSED price in the RID Legacy Model Portfolio.
3M [MMM] is down about 85. Consider cutting losses here and selling. The opening price on this tomorrow will be the CLOSED price in the RID Legacy Model Portfolio.
Nvidia [NVDA] is up about 75% so far. Hold here. Consider selling at $520 or above. We are shooting for a triple digit gain here.
Occidental Petroleum [OXY] is up slightly. Consider holding considering that oil prices may increase further based on recent Saudi production cuts.
Perrigo Company PLC [PRGO] reports earnings this morning – we will check back with this stock.
Pioneer Natural Resources [PXD] is up about 24%. Consider setting a floor that will ensure at least a 20% profit if you entered near the RID Legacy entry price of $187 on 3/15/22. The floor here will be set for $220.
Southern Copper Corp [SCCO] is up about 15%. Consider taking profits here. The opening price tomorrow will be the CLOSED price for the RID Legacy portfolio.
SOYB is down about 5%. Set a sales target for $28.50 if you entered near the entry price of $28.43 on 5/2/22.
Teucrium Agricultural Strategy No K-1 ETF [TILL] is down about 13%. Consider cutting losses here. The opening price tomorrow will be the CLOSED price for the RID Legacy portfolio.
Invesco DB US Dollar Index Bullish Fund [UUP] is down very slightly. Consider selling at $29 or above. A sales target will be $29 in the RID Legacy Portfolio.
Mr. X is an investment analyst working in the Washington DC area who specializes in the intersection of business and public policy. After fifteen years working in politics, he writes on a classified basis for RogueInvesting.com to bring you news on what those with power are debating, planning, and doing
