law k
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$Palantir(PLTR.US$ $ARK Innovation ETF(ARKK.US$ Cathie “our more concentrated flagship strategy today could deliver 40% compound annual rate of return during next 5Yrs. Only 1 other time in ARK history, at the end of 2018, has the 5Yr return projection been that high. After correcting for nearly 11mos. innovation stocks seem to have entered deep value territory, their valuations are a fraction of peak levels”
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$ARK Innovation ETF(ARKK.US$ $Tesla(TSLA.US$ $Zoom Video Communications(ZM.US$ Growth stocks that were sure to only go up because they are the future are beaten down relentlessly. Excluding FAANG, Nasdaq would be flat for the year. Zoom down 55%, EV names all down, Ark down, Tesla down, and I could go on.
The sentiment has shifted, the cycle has changed.
Just a reminder to all of us, valuation matter.
The sentiment has shifted, the cycle has changed.
Just a reminder to all of us, valuation matter.
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law k
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$TENCENT(00700.HK$ tiger brokers
tiger brokers banned me for 7 days so I come here leave comment for daily task. also this post makes no sense
tiger brokers banned me for 7 days so I come here leave comment for daily task. also this post makes no sense
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$Futu Holdings Ltd(FUTU.US$ bought at 60.2 . ouch!
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$ARK Innovation ETF(ARKK.US$
At this rate, this can become a good casino bet 😂
At this rate, this can become a good casino bet 😂
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$Advanced Micro Devices(AMD.US$ Good time to own chip makers when there is a shortage of chips. Run before there will be an over supply of ships one of these days.
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$Tesla(TSLA.US$Perhaps the biggest supporter of Tesla, Ark Invest, has a $3,000 base case price target on the stock primarily due to its autonomous vehicle possibilities. The firm owns Tesla in three of its ETFs - the $ARK Innovation ETF(ARKK.US$, the $ARK Autonomous Technology & Robotics ETF(ARKQ.US$, and the $ARK Next Generation Internet ETF(ARKW.US$- but was recently selling Tesla under $800 a share due to both redemptions and changes in portfolio allocation.
Cathie Wood has a self-imposed restriction not to buy if a stock is more than a 10% weight in an ETF, but there are no restrictions on when Ark Invest has to sell. It's very logical to ask why Ark is selling shares under $800 if it believes Tesla is going to $3,000. If Tesla's autonomous ambitions are impacted by any of the latest news, it would put a serious dent into this part of the bull case.
Cathie Wood has a self-imposed restriction not to buy if a stock is more than a 10% weight in an ETF, but there are no restrictions on when Ark Invest has to sell. It's very logical to ask why Ark is selling shares under $800 if it believes Tesla is going to $3,000. If Tesla's autonomous ambitions are impacted by any of the latest news, it would put a serious dent into this part of the bull case.
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