Lucky Z
voted
Is it just a dead-cat bounce or the sign of something bigger?
$ARK Innovation ETF (ARKK.US)$ is on the rebound. It has bounced back 24% from its May 12 intraday low. The fund remains off 54% year to date and off 73% from its February 2021 high.
In the past few weeks Wood’s disruptive technology stocks have rebounded in sync with other stocks. The tech-heavy Nasdaq Composite has climbed 10% from its May 20 intraday low.
Slowing economic growth also...
$ARK Innovation ETF (ARKK.US)$ is on the rebound. It has bounced back 24% from its May 12 intraday low. The fund remains off 54% year to date and off 73% from its February 2021 high.
In the past few weeks Wood’s disruptive technology stocks have rebounded in sync with other stocks. The tech-heavy Nasdaq Composite has climbed 10% from its May 20 intraday low.
Slowing economic growth also...
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Lucky Z
voted
$ARK Innovation ETF (ARKK.US)$Wood’s nine-fund lineup has seen assets collapse by 48%
Notably, the drawdown in assets is a result of weak performance rather than investors yanking out cash. While all nine Ark ETFs have posted double-digit losses in 2022, dragged down by declines in richly valued technology shares, the lineup is still clinging to net inflows of $167 million. While such a dismal showing would normally prompt an investor...
Notably, the drawdown in assets is a result of weak performance rather than investors yanking out cash. While all nine Ark ETFs have posted double-digit losses in 2022, dragged down by declines in richly valued technology shares, the lineup is still clinging to net inflows of $167 million. While such a dismal showing would normally prompt an investor...
3
Lucky Z
voted
What's the biggest thing in the market this year?
Guess that every investor would mention the rising interest rate and its side effects.
It's hard to say whether the measure is right or wrong, but finding someone to blame may be the quickest way to let off steam.
Let's feel their rage together:
@Rann New: Must be a simulation
@MHfin: The Real Joker $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
@Stitch-fu: No comments $SPDR S&P 500 ETF (SPY.US)$
@zcole1101: Neo Amer...
Guess that every investor would mention the rising interest rate and its side effects.
It's hard to say whether the measure is right or wrong, but finding someone to blame may be the quickest way to let off steam.
Let's feel their rage together:
@Rann New: Must be a simulation
@MHfin: The Real Joker $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
@Stitch-fu: No comments $SPDR S&P 500 ETF (SPY.US)$
@zcole1101: Neo Amer...
+10
54
57
Lucky Z
voted
Back in December of 2020 - while the investor mania surrounding Cathie Wood and her flagship disruptive innovation ETF $ARK Innovation ETF (ARKK.US)$ had hit an all-time high - analysts predicted that high yield would pummel high growth. Our reasons were pretty simple:
1. Any sector can outperform or underperform over a short time period, but over the past two decades, tech has actually underperformed the market.
2. There was a historic valuat...
1. Any sector can outperform or underperform over a short time period, but over the past two decades, tech has actually underperformed the market.
2. There was a historic valuat...
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5
Lucky Z
voted
Cathie Wood’s flagship fund is in danger of plunging below its lowest close in the pandemic crash, threatening another ignominious milestone for the ETF at the heart of a market backlash against speculative tech.
Wood’s main ETF is the standard-bearer for the brutal selloff in expensive tech shares sweeping Wall Street as inflation surges and policy makers rush to raise interest rates aggressively. That pressure hurts bets on profitle...
Wood’s main ETF is the standard-bearer for the brutal selloff in expensive tech shares sweeping Wall Street as inflation surges and policy makers rush to raise interest rates aggressively. That pressure hurts bets on profitle...
7
Lucky Z
voted
Michael Burry has been known to take large positions against companies he thinks are overvalued. Over the years, "The Big Short" investor has actively shorted $Tesla (TSLA.US)$ with a belief the stock was overvalued. Burry also shorted shares of the $ARK Innovation ETF (ARKK.US)$
Among the positions revealed in the 13F was a bearish bet on $Apple (AAPL.US)$. Burry holds a put position worth 206,000 shares as of March 31.
The bearish position is estimated...
Among the positions revealed in the 13F was a bearish bet on $Apple (AAPL.US)$. Burry holds a put position worth 206,000 shares as of March 31.
The bearish position is estimated...
7
Lucky Z
voted
Musk now wants to expand the number of games compatible with $Tesla (TSLA.US)$ cars. And to do this, he is aiming big. The billionaire wants to include more than 50,000 video games available on the popular platform Steam in the Tesla infotainment system.
The announcement was made, as often with the Musk method, during an exchange on the social media Twitter with users who challenged him on Cyberpunk, 2077, a game that has previously been ...
The announcement was made, as often with the Musk method, during an exchange on the social media Twitter with users who challenged him on Cyberpunk, 2077, a game that has previously been ...
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