ARK ETF Trust - ARK Innovation ETF
$0.09 (0.11%) Today
52 Week High
52 Week Low
7 Days Mentions
The channel is realized once you see a big drop from ath. Price in trend channel eventually trace back to lower channels when you see big sell-offs. ARKK was way above the 200ema in Feb 2021. It was way overbought. This chart could have been drawn way back in March of 2021 to identify a trend channel. Buyers in ath could have just taken a small loss in March instead of bagholding to a huge correction of -50% so far.
Look at the price action in that chart. It is precisely getting bought & sold at the channel lines. So the way I look at this chart is... if it goes down to the bottom channel... that is a low risk/high reward trade to go buy some $ARKK.
yes. long term investor don't care what the market is doing day to day. Even "Bob" the worst market timer in the history of mankind still somehow made money. (https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ )....make a plan: set it and forget it. It is time in the market and not timing the market. Also, I wouldn't put 50% in QQQ: I suppose you can but it is more risky. Maybe a smaller percentage to "tilt"??I would suggest VTI/VTSAX over VOO/VFIAX or whatever Fidelity/Schwab equivalent of total market index -performance chasing can be deadly to one's portfolio. ie. ARKK: it has very good return over 5 year period: but most of the money was poured in when it was high. I believe most money invest in ARKK has lost money...
**Ban Bet Created:** **/u/mewaits** bet **ARKK** goes from **465.51** to **476.0** before **2022-01-18 16:52:58.394797-05:00** > Himx for sure. ~ VisualMod ----- [^^Info](https://github.com/trambelus/UserSim) ^^| [^^Subreddit](/r/User_Simulator)
So am I. She got lucky off one play in 2020 and let it go to her head. She's terrible at trading. She literally prays for her picks and thinks Pinterest is part of the future. Make your own plays based off hers and you'll still come out on top because you won't have to pay a shitty ARKK management fee. Fuck her for fucking over all of my friends that ever invested in her.
What tech bubble? What tech stocks are trading at abnormal PE levels or crazy valuations other than TSLA? All the ARKK/Zoom/Zillow stocks have popped and are down 60-80%. Do you think you'll get AMZN at 800 billion again?
ARKK is down 70% bc Cathie has an unrealistic valuation and growth projection of stocks that were boosted by trillions in government spending and lockdowns. Even $TSLA has further downside due to the fact they were the ONLY EV company for years - now, the majors are in the game and their ability to “catch up” will be break-neck. Thus, eating into $TSLA’s share of the space and their growth trajectory. Do you think Musk sold so much of his shares ONLY because he wanted to pay taxes? I don’t think so. He knows his valuation is peaking (at least for now).
We've been in meme and wsb stonk bear market since June 2021. Overall market looks ok but it's not pretty if you look under the hood. ARKK should be used as an index for meme market instead of SPY, QQQ, or DIA lol.
> All this negativity about ARKK and Cathie screams BUY. No padawan, you only buy things ***after*** Cathie sells them. That's when they start going up again. It's literally a pattern, she's horrible at trading and loves to buy the top and sell the bottom because she uses shitty TA.
I will better stick to quality tech fund etf like QQQ. Cathy profile is just an imagination of the so called disruptive technologies with no major disruption factors . People laughed at me when I said ARKK will hit 70’s . I am convinced that it will hit lower 50’s before making any meaningful recovery
she could have done that, but they would have rewritten the rules of ARKK in order to hold more than 10% TSLA. Btw, if every other stock in ARKK is tanking, TSLA is gaining percentage of holding, so ARKK has to unload TSLA aswell in order to keep it at 10%. Which basically means, that if the market is dropping, everyone else is suffering too, including TSLA.
Bloomberg reported that ARKK’s stock price is now under the VWAP since inception. Meaning the average ARKK investor is sitting on unrealised losses at this point. Comically, this challenges the common wisdom that everyone looks like a genius in a bull market.
Than wait to buy at $73 which is $ARKK 200 dma on the 2 year chart. You may find support there. If i look at $ARKK top 10 holdings, besides $TSLA, the only stock I find compelling is $COIN. I'd buy $PYPL over $SQ. $MSFT over $ZOOM. $EBAY over $SHOP. Any radio app even $SIRI over $SPOT. I'm prolly wrong but I could see a bounce off 200 dma.
I disagree. I wouldn't buy $ARKK as it is the very definition of dot com stocks. However if there are a couple of holdings within $ARKK that you are bullish on than buy those stocks not $ARKK. If you believe $HOOD for example will be the trading app gaining market share than buy $HOOD not $ARKK. Cathy has way too many dot com hopes & dreams stocks and a few real winners hidden within the fund. Don't buy a fund with dozens of pets dot com just because you want to invest in Amazon.
Bought beginning 2021. Timed some dips, recently sold and was only down like 5%...def a FOMO buy with all the media attention and on here of course. Realized after her Zoom play she got lucky after looking into ARKK more. Then after the Zillow thing she was really an idiot lol.
>So since inception until Jan 14, ARKK has returned 332.7%, QQQ 297.2%, SPY 163.8%. Here is the clear example of the statement "**Past History does not Guarantee Future Returns**"! The main growth of ARKK in the past was 1) TSLA 2) Bitcoin. Removing these two from the past, QQQ and SPY will beat ARKK in the past. At present, both (TSLA & Bitcoin) may grow but may not be exponential way to pull ARKK against SPY and QQQ. Now, do you DD and find out whether and how ARKK will fare against QQQ & SPY? BTW: I knew one friend made $500k into TSLA that is worth 20M which is beyond any comparison.
Dude Cathie Woods is a fucking blip. She made a huge bet on Tesla, which to be honest was pretty reckless. Consider that they wouldn't add TSLA to the major indexes because it truly isn't a profitable co. 5 years from now when the credits dry up and competition decimates their share of the market, TSLA will be a shell of what it is today. SpaceX is practically in bankruptcy, and space travel appeal will die off and go stagnant for another 10+ years. I'm a huge bull when it comes to growth but what made ARKK profitable was a once in a lifetime deal and won't be replicated by her 40 other "moonshots".
I love reading these type of short sighted narratives that are so easily disproven by basic facts. Ark predicts a 40% annualized return over the next 5 years. Guess what ARKK's annualized return is for the past 5 years? About 39%. People come out with these absurd stories because the funds have gone +500% since inception to +400% since inception. It's actually ridiculous to read, and it's exactly the type of thinking that makes ARK so successful. You look at the past year, a year of stupid meme rallies, and think that it's indicative of stock performance. Last year brought the stock market into the everyman's consciousness, but the everyman doesn't know shit. ARK makes conviction trades, but when the reason for that conviction is gone, then they get rid of the stock. Like Zillow. When they announced they were going to stop their AI real estate buying, ARK dumped, because that was the whole innovation that they invested in. Like, if you marry someone, and they completely change as a person, wouldn't you divorce them? These aren't swing trades. They just seem that way to people who overly value short term price performance.
She's great. And she's right in what she says. Yes ARKK fell like the nasdaq in 2000, but she might rise as the Nasdaq as well. I think her etf is the future and the rises and fallings are just part of the market dynamics, specially in those sectores in the cutting-edge. But time will tell.
Cause he has a diversified portfolio. https://whalewisdom.com/filer/scion-asset-management-llc#tabholdings_tab_link Right now CVS is a company that makes up 40% of his portfolio, with LMT in 2nd place taking up 25%. Both stocks are virtually heard of on WSB or in mainstream news. Plays like shorting TSLA or ARKK gets reported in the press, but probably doesn't even make up 10% of his portfolio at any given point in time.
ARKK is cursed in the sense that it is a passive vehicle. Meaning: Cathie: you give me cash I buy, you ask for cash I sell. Me: At what price? Cathie: Whatever price I can get. All this does is is creates increased volatility to the upside and downside as he actions only further create a feedback loop for the assets she touches.
I bought into ARKK and ARKG at their relative highs because I was pumped on the innovation sector. But with everything going on now they’re probably going to keep taking hits. I don’t picture 2022 being a good year for her. With that being said, I’m down 40% on my ARK investments so I’m fucking holding. It either tanks another 20% this year and I hold for a while and just call it a wash, or it has a bounce back and maybe I can get out at a 15%-20% loss. Either way lesson learned. Stick to fundamentals with your real money and use your play money to dabble in shit like ARK.
I know certain theatre and gaming stocks aren’t allowed to be mentioned in here. But if I’m gonna lose my money, I at least picked a silly way to lose it instead of trying to be all smarty pants and losing it with Cathie’s ARKK stuff, lmao.
Reasonably-valued stocks with good fundamentals and defined catalysts for future growth (based on earnings and company-/sector-specific supply-demand profiles) can be found in all sectors. Specifically, I think there will continue to be some interesting opportunities in semis, materials, energy, pharma, and some (not much, but some) “good tech.” Go at least half index fund and value ETFs in your profile, and avoid anything that’s no-earnings/high-multiple/ARKK-type crap (who cares if it’s cheaper than it was, it’s going down for a reason), and you should be fine.
right but i already bought ARKK so if i bought SARK now that like betting on red and black at the same time and green. i dont want to look like a bigger fool than i already am following this Jesus chasing old granny.
MSM is hyping her up as she makes tons of money from commissions and management fees. her picks at stocks are total shite. can they be winners in 50 years- more than likely- shes already a GILF- she wont be around to see when ARKK or ARKG even come close to being profitable or giving divvies.. shes total shit bait.
Just copying my comment I just made to someone else because it’s relevant to you too: She outperforms the general market? Here are the numbers as of close of business Friday, including all draw downs. Last five years: Spy - 105% ARKG - 191% ARKQ - 205% QQQ - 208% ARKK 267% ARKW - 279%
I am having the same issue with SQ. I believe in Jack Dorsey but the stock has been taking a brutal beating and i'm not sure investors like the name change to Block and heavy future crypto ambitions. I always thought SQ would be a better fintech play than Paypal but now i'm starting to have my doubts. Now to ARKK, I think cathie woods is just dead wrong and keeps doubling down. She finally gave up w her fluff explanations and now just says the market is acting irrational and to wait for future days when payoff from disruptive tech will give you glorious returns in 5+ years... i would not be surprised if that ETF drops to $50. btw her ARKK had 50% outflows last wk which is not surprising either
*Then Jesus saith unto them, Children, have ye any meat? They answered him, No.* *And he said unto them, Cast the net on the right side of the ship, and ye shall find. They cast therefore, and now they were not able to draw it for the multitude of fishes.* Jesus wants you to short ARKK
AMC puts are way better. Every AMC put I have ever purchased has netted me at least a 50% gain, and with the most recent news of the CEO selling 300k shares they are finished. It is going to constantly bleed until it hits its actual value of $5-$8. Im buying weekly puts on AMC at this point. ARKK puts are good too but the exposure there is if the money comes back into high-tech growth stocks, all of her trash shit, ROKU, PLTR, HOOD will all get a boost and you will be burnt.