What's Up with Upstart?

Taking a Look at Upstart (UPST) & Weekly Activity

Before we take a dive into Upstart & my weekly activity, I would like to announce a transition to Savvy Traders’ platform. Last week I highlighted upon this, now it’s successfully completed. I believe this will provide a deeper level of transparency for everyone that follows me, it tracks my portfolio performance, buys, sells, trims, etc., all in real-time. There are only a couple issues with my current portfolio on the platform, each position is unable to display my “actual” cost-basis. Savvy Trader operates the cost-basis at the time/price it’s added to your portfolio, regardless if you bought at a lower price. So, some positions will show a higher cost-basis than what my “actual” cost-basis is, and vice versa for other new positions (annoying).

Attached below is the link to my portfolio on Savvy Trader:

https://savvytrader.com/SteveWagsInvest/stevewagsinvest

If this has issues connecting, search for “Steve Wagner | Invest” as your 2nd option. Doing this, you should be able to find my portfolio. This is 100% FREE and will start putting more time into that platform. I wish I knew about this platform sooner due to its benefits.

Is Upstart Making a Comeback?

With all of the “AI hype” it’s been difficult not letting your emotions control your investment decisions, like FOMOing (Fear Of Missing Out) into a business on the AI train without doing the proper due diligence. It’s tough not to, because you have the feeling you are going to miss out on quick potential gains. We are seeing this in many names that work directly within the AI realm, specifically, Nvidia (NVDA) or even C3.ai (AI). Some will go on to say we are now in a “AI bubble”. Inasmuch as this could be true, there is no doubt that artificial intelligence will be the future of society, we are just in its infancy where it’s starting to take hold.