TheRainmaker
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$ARK ETFs (LIST2551.US)$ $Tesla (TSLA.US)$ $Block (SQ.US)$
Cathie Wood, founder and CEO of Ark Investment Management, said that as the U.S. stock market continued to fall last Friday, the S&P 500 index fell 1%, and innovative stocks were in a "deep value area."
"After nearly 11 months of adjustment, innovative stocks seem to have entered the deep value area," she wrote in a blog post. In it, she expressed that she wanted to share the thought process of ARK. "We use volatility during the adjustment period and focus our portfolio on stocks with the highest confidence."
Despite recent volatility and overall risks, Wood said that Ark continues to focus on five years of investment time, adding that the inflow of funds this year has greatly exceeded the outflow of funds.
Article excerpted from the US Stock Research Agency
Cathie Wood, founder and CEO of Ark Investment Management, said that as the U.S. stock market continued to fall last Friday, the S&P 500 index fell 1%, and innovative stocks were in a "deep value area."
"After nearly 11 months of adjustment, innovative stocks seem to have entered the deep value area," she wrote in a blog post. In it, she expressed that she wanted to share the thought process of ARK. "We use volatility during the adjustment period and focus our portfolio on stocks with the highest confidence."
Despite recent volatility and overall risks, Wood said that Ark continues to focus on five years of investment time, adding that the inflow of funds this year has greatly exceeded the outflow of funds.
Article excerpted from the US Stock Research Agency
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TheRainmaker
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Having limited fund in trading account does make one think very hard when selecting a stock to invest in. Also, being scarred from previous experience of trusting some hype stocks, I'm now more weary of hot stocks without fundamentals.
Homework (Watchlist)
I do my homework by keeping a watchlist. During weekend as prepartion for week ahead, I would scan through ETF, indices to identify potential stocks. There are many places to find such lists, including MooMoo under Explore > Industry, Concepts. I generally look for strong up trending sector then strong momentum stocks within that sector. Group these into a watchlist.
Homework (Basic info)
Then I would look for basic info and latest investment news of the stocks. Again, I just want to know what I'm buying
Depending on my interests in the stocks, I may or may not deep dive into news part. Sometimes to have a feel on upcoming business opportunities of these stocks. Those with merging & acquisition ones may have impact of stock prices.
Unfortunately, I'm not classically trained accountant so I cannot comprehend financial reports in detail. I often just make a note if the company is making profit
Homework (Chart reading)
I try my best to study price structure of the stocks in watchlist. Basic trends, resistance and support levels, volume and candlesticks. Then to make an educated guess on predicting price action.
One tip to share: you can set alerts on some price points to initiate trade.
Execution: Gut Feel?
After all the homework, it's time to trade! Recently I wanted to initiate a long position but I had to choose between $Apple (AAPL.US)$ or $Advanced Micro Devices (AMD.US)$. Both were around $150 at the time and were looking uptrend. In the end, I trusted the up trend in Apple and gut feel. Just exited the trade with a small profit but the market is very choppy recently. On hind sight, choosing Apple over AMD was a wise decision because AMD suffered a 15% correction during the same period. Oh, you do need some luck sometimes!
AI Monitor
So I went to check out the AI Monitor at MooMoo. Will give it a try. I see some of the signals are related to my homework. So perhaps I can spend a little less time with homework and more time with family.
The market is rather stormy now, seeing $Tesla (TSLA.US)$ dipped below $900 and other mega cap stocks affected too. Safe trading!
Homework (Watchlist)
I do my homework by keeping a watchlist. During weekend as prepartion for week ahead, I would scan through ETF, indices to identify potential stocks. There are many places to find such lists, including MooMoo under Explore > Industry, Concepts. I generally look for strong up trending sector then strong momentum stocks within that sector. Group these into a watchlist.
Homework (Basic info)
Then I would look for basic info and latest investment news of the stocks. Again, I just want to know what I'm buying
Depending on my interests in the stocks, I may or may not deep dive into news part. Sometimes to have a feel on upcoming business opportunities of these stocks. Those with merging & acquisition ones may have impact of stock prices.
Unfortunately, I'm not classically trained accountant so I cannot comprehend financial reports in detail. I often just make a note if the company is making profit
Homework (Chart reading)
I try my best to study price structure of the stocks in watchlist. Basic trends, resistance and support levels, volume and candlesticks. Then to make an educated guess on predicting price action.
One tip to share: you can set alerts on some price points to initiate trade.
Execution: Gut Feel?
After all the homework, it's time to trade! Recently I wanted to initiate a long position but I had to choose between $Apple (AAPL.US)$ or $Advanced Micro Devices (AMD.US)$. Both were around $150 at the time and were looking uptrend. In the end, I trusted the up trend in Apple and gut feel. Just exited the trade with a small profit but the market is very choppy recently. On hind sight, choosing Apple over AMD was a wise decision because AMD suffered a 15% correction during the same period. Oh, you do need some luck sometimes!
AI Monitor
So I went to check out the AI Monitor at MooMoo. Will give it a try. I see some of the signals are related to my homework. So perhaps I can spend a little less time with homework and more time with family.
The market is rather stormy now, seeing $Tesla (TSLA.US)$ dipped below $900 and other mega cap stocks affected too. Safe trading!
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TheRainmaker
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$ARK ETFs (LIST2551.US)$ Ark Investment Management is “going through soul-searching” as its growth-focused funds fall out of favor amid expectations of tighter Federal Reserve policy, said founder Cathie Wood.
The $17.8 billion ARK Innovation ETF has tumbled more than 20% this year, with several of its top holdings like electric-vehicle giant Tesla Inc. and video-streaming platform Roku Inc. down from their peaks. During the same period, the S&P 500 Index climbed about 24%.
“I’ve never been in a market that is up -- has appreciated -- and our strategies are down,” Wood said in a Thursday interview with Bloomberg Television. “That has never happened before.”
“When we go through a period like this, of course we are going through soul-searching, saying ‘are we missing something?’” she said, adding that in response, Ark has doubled down on its research and modeling.
Wood noted that the companies she invests in are aggressively investing in the future. While those stocks may have high multiples now, Ark is assuming that those valuations are going to compress in the longer term.
The $17.8 billion ARK Innovation ETF has tumbled more than 20% this year, with several of its top holdings like electric-vehicle giant Tesla Inc. and video-streaming platform Roku Inc. down from their peaks. During the same period, the S&P 500 Index climbed about 24%.
“I’ve never been in a market that is up -- has appreciated -- and our strategies are down,” Wood said in a Thursday interview with Bloomberg Television. “That has never happened before.”
“When we go through a period like this, of course we are going through soul-searching, saying ‘are we missing something?’” she said, adding that in response, Ark has doubled down on its research and modeling.
Wood noted that the companies she invests in are aggressively investing in the future. While those stocks may have high multiples now, Ark is assuming that those valuations are going to compress in the longer term.
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TheRainmaker
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TheRainmaker
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$KUAISHOU-W (01024.HK)$
Youtube video on kuaishou
https://youtu.be/1kuzbPWSmeM
$Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $HUYA Inc (HUYA.US)$ $DouYu (DOYU.US)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $BABA N2411 (05844.HK)$ $PDD Holdings (PDD.US)$
As always, this should not be construed as any investment or trading advice.
Youtube video on kuaishou
https://youtu.be/1kuzbPWSmeM
$Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $HUYA Inc (HUYA.US)$ $DouYu (DOYU.US)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $BABA N2411 (05844.HK)$ $PDD Holdings (PDD.US)$
As always, this should not be construed as any investment or trading advice.
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