KainKangning
voted
Tuesday could possibly be one of the most important earnings dates for the market this earnings season. Some very big companies will report 3rd quarter earnings on that day. I have highlighted the more important companies that will be reporting earnings on Tuesday. These companies make up a major part of the S&P 500. Sometimes earnings releases can coincide with big price moves. And any big price moves in these ticker symbols will almost sur...
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KainKangning
voted
$Apple(AAPL.US$ launched new Apple Watches and the highly anticipated iPhone 14 in September, it was a particularly bad month for the stock. Not only has the overall market been selling off, investors have been grappling with doubts about how strong demand for the new iPhone has been, and whether sales of more expensive models will offset th...
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KainKangning
voted
There are many investors who call themselves technical traders. And the first thing a technical trader learns is where to find support levels. These are areas where there is a high likelihood of potential buyers stepping in to "support" or keep the price from falling lower. Support zones are also refered to as demand zones. It is not easy to find support zones on all ticker symbols but some tickers form very clear trends with obvious t...
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KainKangning
voted
Things look super bearish in the equity markets. Will we go green for at least one quarter this year? There are some important technical support levels on the horizon so there could be some relief possibly in the next quarter. But I doubt any relief will happen unless there is some sort of improvements with either inflation, the Russian war, the Euro energy crisis, or if the Fed relaxes its quantitative tightening temporarily.
Here is a short video il...
Here is a short video il...
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KainKangning
reacted to and commented on
$Shopify(SHOP.US$ lets go!! 45? 😛
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KainKangning
voted
Cathie Wood-led Ark Investment Management bought 297,818 shares of $NVIDIA(NVDA.US$ via three of the firm’s exchange-traded funds, valued at over $41.5 million based on Thursday’s closing price.
Nvidia is the 27th largest holding in the firm’s flagship $ARK Innovation ETF(ARKK.US$ with a weight of 0.94%, according to data on the firm’s website.
Interestingly, Wood had sold over 293,000 shares of the ch...
Nvidia is the 27th largest holding in the firm’s flagship $ARK Innovation ETF(ARKK.US$ with a weight of 0.94%, according to data on the firm’s website.
Interestingly, Wood had sold over 293,000 shares of the ch...
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KainKangning
commented on and voted
$SIGA Technologies(SIGA.US$ has been one of the hottest stocks on the markets this year. Its monkeypox treatment Tpoxx has led to a spike in revenue, and investors have been optimistic it could generate even better numbers in the future.
It has the potential to become the next big meme stock given the excitement it has been generating. But there are signs that the bubble may already be bursting as Siga's stock price has come under pressure recently...
It has the potential to become the next big meme stock given the excitement it has been generating. But there are signs that the bubble may already be bursting as Siga's stock price has come under pressure recently...
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KainKangning
voted
Cathie Wood thinks the US is in a recession but says her fund's growth strategy has already bottomed
The economy is in a recession and the job market is set to slow, Ark Invest's Cathie Wood told CNBC.
Wood said that the Fed is focused on lagging indicators like CPI and jobs data, as reason to why her view differs from Fed Chairman Jerome Powell.
Wood said her flagship growth fund is likely set for solid performance after it bottomed well before the broader market.
$ARK Innovation ETF(ARKK.US$ $Tesla(TSLA.US$ $Roku Inc(ROKU.US$ $Coinbase(COIN.US$ $Bitcoin(BTC.CC$ $Zoom Video Communications(ZM.US$ $Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$
Wood said that the Fed is focused on lagging indicators like CPI and jobs data, as reason to why her view differs from Fed Chairman Jerome Powell.
Wood said her flagship growth fund is likely set for solid performance after it bottomed well before the broader market.
$ARK Innovation ETF(ARKK.US$ $Tesla(TSLA.US$ $Roku Inc(ROKU.US$ $Coinbase(COIN.US$ $Bitcoin(BTC.CC$ $Zoom Video Communications(ZM.US$ $Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$