Wacky Reversal Wednesday

Since Pfizer announced its vaccine progress on Monday, we've seen the Dow soar higher with tech stocks dragging the S&P and especially the Nasdaq into the red. Today, we saw the reverse, with the Dow ending slightly lower, but the Nasdaq ending up just over 2 percent. Rob Booker has a plan for targeting massive growth as the stock market unfurls post-election. He believes he's identified three potentially massive trades that could transform the accounts of traders who have entered them before November 15. Tomorrow at 1:00 PM ET, he'll show traders exactly what he is seeing and how they can enter these trades with him. [Click here to register for Rob's event]( (Clicking automatically registers you. [Privacy policy]( Mixed Vaccine Reaction Continues All week, we've seen the market's mixed reaction to Pfizer's news of a 90% effective coronavirus vaccine. If you haven't kept track of the specific ups and downs, you should catch up with the article we've posted at our website. [Read it here]( (Clicking automatically registers you. [Privacy policy]( Markay's Tips to Getting Started Every day, Markay answers many of the same questions about how to get started as a trader. To make the process simpler for you, she recently released a free eBook about her top tips. [Grab a free copy here]( November 2020: Top value investor Andreas Halvorsen is betting on these stocks Today I'd like to introduce the three largest stock positions from the portfolio of Andreas Halvorsen, a leading value investor. Halvorsen began his career in the Norwegian Naval Academy, where he trained as an officer. He then attended Stanford to study business. He received several awards there and completed his MBA in 1990. He is still considered one of their best graduates. After completing his degree, Halvorsen left sunny California and moved to New York, where he landed a position trading stocks for Morgan Stanley. But they were only able to keep him for two years. In 1992, he joined Julian Robertson, who was already a legendary hedge fund manager at the time. Robertson, a former stockbroker, was in the process of growing the wealth of his Tiger Management Fund. He brought it from 8 million dollars to 7.2 billion dollars by 1996 (in under 15 years). Under Robertson's wing, Halvorsen became a member of the elite Tiger Club before creating his own hedge fund, Viking Global Investors, in 1999. Due to its average yearly returns of 22% in the first ten years, Andreas Halvorsen's fund quickly became a magnet for those looking for lucrative investment opportunities. Today, Halvorsen manages the proud sum of 23 billion dollars. It is not a good idea to follow a single large investor blindly without knowing the background reasons for his individual stock positions. However, if you are on the hunt for interesting US stocks, Andreas Halvorsen's portfolio is worth a look. Here are the largest current stock positions of Viking Global Investors. Amazon The largest position, at a weight of about 7.3% of the portfolio, is in Amazon stock. At the moment, Halvorsen has 1.7 billion USD in Amazon shares. In total, Halvorsen now holds 0.12% of the company's shares. The online retail giant is currently doing brisk business; revenue increased by 37% in the third quarter compared to last year, reaching 96.1 billion dollars. Profit tripled from the last record of 6.3 billion dollars. Amazon is feeling confident about the final quarter too—they expect revenue to reach between $112–121 billion, which will be the first time they exceed the 100-billion-dollar mark. This would mean strong growth of between 28-38% compared to last year. Adaptive Biotechnologies The 2nd-largest position, at 7% of the portfolio, is in stock in Adaptive Biotechnologies. Halvorsen currently holds shares in the company totaling $1.62 billion. Last quarter, Halvorsen left the position unchanged. With his 26.12% of shares, he is one of the largest single investors in the company by a long shot. Adaptive Biotechnologies is a biotech company that focuses on using the biology of adaptive immune systems to improve the diagnosis and treatment of illnesses. Its platform for immunomedicine generates data for decoding the adaptive immune system.   So far, its quarterly revenue has been modest, most recently 20.99 million USD. All in all, they lost 35 million dollars. However, their current market valuation of $7 billion shows that investors see a lot of potential for their future (stock +70% since the beginning of the year). Comcast Halvorsen's 3rd-largest position, at 4.8% of the portfolio, is Comcast stock. Halvorsen holds $1.11 billion worth of shares in the company. That is 0.62% of the company's total shares. He added these shares in the fourth quarter of 2019 and has been building the position in steps ever since. Comcast is the largest cable network provider, the 2nd-largest internet service provider (after AT&T), and the 3rd-largest telephone company (after AT&T and Verizon Communications) in the US. In the last quarter, Comcast had revenues of 23.71 billion USD and a net profit of 2.98 billion. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument.   Daily Profit Publishing, 495 Town Plaza Ave, Ponte Vedra, FL 32081, United States [Update your subscription]( — [Unsubscribe](