ARK Innovation ETF
A bearish bet on Cathie Wood's ARK Innovation ETF (ARKK) was discussed yesterday on Fast Money, and it was said that for the trade to be profitable, ARKK would have to fall 13% or more from its closing price of $36 yesterday. Do you think ARKK will decline by 13% or lower on or before Oct. 31 2022?
Cathie Wood Loads Up On Nvidia Amid Thursday's Plunge Just A Week After Selling The Chip Stock. Jim Cramer says last week "It's seems logical that perhaps Cathie Wood comes back and buys Nvidia even if it is too early because early means nothing to her..."
Ark Invest's (ARKK) Cathie Wood has sold $50.4 million shares of Nvidia (NVDA) ahead of the company's Q2 earnings report today after the bell. Earlier this month, Wood bought $60 million NVDA shares when it preannounced a weak Q2 sales. What are your thoughts on this move by Cathie Wood?
Ark Invest's (ARKK) Cathie Wood has sold $50.4 million shares of Nvidia (NVDA) ahead of the company's Q2 earnings report today after the bell. Earlier this month, Wood bought $60M of NVDA shares when it preannounced its weak Q2 sales. What are your thoughts on this move by Wood?
Coinbase still represents 3.46% of ARKK. Media people will often report that she "sold" a certain stock when she actually sells only a small fraction of her holdings. It's how media people get attention. But, ARKK's actual holdings are public information and updated almost daily.
ARKK is done, the unicorn chasing era is coming to an end. We will see lay off of tech workers and maybe 70% of tech start up that still burning hundred of million of cash without ever making a positive earning go down in flame. Got a feeling Cathie Wood might be “retiring” soon.
Coinbase (COIN) is currently up 16% trading at $73. Two months ago, Jim Cramer said when ARKK invest bought 550,000 shares of COIN at $53 per share: "I think Cathie Wood is the kiss of death. I thought the COIN call was embarrassing,"
its not the stock. every sector is rotating at certain points in the fed cycles. It seems like ARKK financials industrials and others activated in November, and cybersecurity is out of favor for the next 6 months at least. If it continues to underperform while market rips higher in December I'd basically trust this belief. Eventually it'll turn around, but just not the time for it
It's not either/or. Put some money in VOO, and put some money in sectors you think will outperform VOO. As time passes reevaluate and adjust. Obviously putting money into XLE was a far, far smarter thing than putting money into VOO the first half this year, so you should always be prepared for that, but other choices like putting money in ARKK this year would have been an even bigger negative than XLE was a positive. VOO should be your baseline. It's always available. If you think there are better opportunities, give them a try if you want, but if something can't outperform VOO, no reason to have it.
You can trade about 500 stocks at the *exact* same time with SPY. You can trade about 10,000 stocks at the *exact* same time with VT. You can trade every meme stock at the exact same time too. And if you're too lazy to make your own basket of securities, ARKK is one of the most traded ETFs in the market.
A few thoughts: 1) Cancel the fool.com subscription. I don't like these sorts of services, I notice that their recommendations are often put out in the middle of the day creating a brief feeding frenzy rather than allowing people to study and consider an investment overnight. Additionally, does fool ever tell people when to sell these things or do they just offer recommendations? In any case, this is money that could go towards investments. You mention selling on impulse, but following fool.com recommendations and going entirely off of that is not a great idea either. You have to really do the homework for individual names over time and Fool (I guess?) really is about recommendations, not guiding you after that. 2) At 61, I would not be recommending holding a giant portfolio of fool.com tech stock recommendations, some of which (UPST, TWLO, DOCU) I have concerns about. I have relatives in their late 60's/early 70's and if I saw their portfolio had that much allocated to speculative tech I'd be - honestly - really concerned. Broadly though, speculative names should be a small bucket at most (5%, 10%?) of your portfolio. IMO, you'd be better off with a set of funds - index funds that provided a broad coverage, as well as high quality equity income. I'd say stop with the indiivdual names, but if you're going to, 5-10% of the portfolio dedicated to that is going to be a lot less impactful than 50%+ and having a smaller portion devoted to that is going to make the bar a lot higher for things to be included. Optimally though, I'd say put it all in funds and forget about it. 3) I have no idea what those tech names will do in the short-term - eventually you're going to probably see a bounce but I don't think you see prior highs for many years (and in some cases, probably never. DOCU is honestly never going to get back to COVID highs; it had that "once in a great while" thing that boosted the business but only temporarily and they couldn't capitalize on that; additionally, there's not a real moat, as other companies - Adobe - can do the same thing.) I can't tell you when to sell/what to do but I would signiifcantly lessen that part of the portfolio over time and gradually create a majority/entirely fund-based portfolio where risk is considerably dialed down so that you can have a more stable/less volatile cushion in case gig work does dry up (which hopefully it doesn't.) Overall, really try to set yourself up for the dream lake house in the NE and a more boring/stable approach isn't bad - we've just gone from Cathie Wood being called the next Buffett in early 2021 to now ARKK being down around 65% for the year and negative on a 5 year basis. On a YTD/1YR/5YR basis, Berkshire is ahead of ARKK.
Eh, I can't see it. I don't think market participants are going to be as woefully unprepared going into 12/13 as they were going into 11/10. It's still completely comical to look back on it. That was not people rushing into the old favorites. That was mostly folks getting screwed over because the balance was tilted too far in the short treasuries, short tech stocks (especially ARKK type crap), and long the dollar trade. If we get a .2-.3 core CPI for November, I think 4100-4200 can trade.
you are down -62% in high dividend ETFs? Please share your tickers with me. I am skeptical. Unless these ETFs held a majority of META, or ARKK (which would surprise me). [https://www.investopedia.com/articles/etfs/top-etfs/](https://www.investopedia.com/articles/etfs/top-etfs/) All high dividend ETFs mentioned on Investopedia are now YTD green. I did say GREEN. $HDV $FDL, up +2% or +3%
In my opinion, they already exist. Hell, you even have an etf that’s sole intention is to short ARKK, SARK. Plus, any investment that exists already, you can inverse by holding a short position, or buying puts against it. You also have VIX ETNs, 3x leverage bear on indexes/industries. Short MBS. Many products exist already. The key thing to realize though these instruments perform awfully in the long term. They are meant to be held for a short period of time, because on the long end they’re value goes to 0.
I bought the oil companies in 2020. And I bought LMT as soon as I heard rumors about Russia getting ready to invade, so that was late November 2021 -- I figured big wins if that was true and still decent value stock if not. So I'm up this year, while everyone else is bitching. I recommended oil stocks repeatedly to other people on here and got downvoted every single time: [https://www.reddit.com/r/investing/comments/g5h6cz/comment/fo4lfad/?context=3](https://www.reddit.com/r/investing/comments/g5h6cz/comment/fo4lfad/?context=3) [https://www.reddit.com/r/investing/comments/g5hoog/comment/fo4jcau/?context=3](https://www.reddit.com/r/investing/comments/g5hoog/comment/fo4jcau/?context=3) [https://www.reddit.com/r/investing/comments/g5hoog/comment/fo4jskj/?context=3](https://www.reddit.com/r/investing/comments/g5hoog/comment/fo4jskj/?context=3) I even recommended OXY, around 10. People would have made a killing if they actually listened: [https://www.reddit.com/r/investing/comments/g7cza6/comment/fohbevg/?context=3](https://www.reddit.com/r/investing/comments/g7cza6/comment/fohbevg/?context=3) I said it would survive and go back to 40+: [https://www.reddit.com/r/stocks/comments/fbt6pb/comment/fnrqmji/?context=3](https://www.reddit.com/r/stocks/comments/fbt6pb/comment/fnrqmji/?context=3) I also told people not to buy ARKK at the peak, and got downvoted for that. I've also spent some time lately saying that foreign markets have better valuations than US, but that always gets downvoted, so I stopped. Anyways, markets make me uneasy right now. Seems like we've done a little too well on this bounce, the Fed is still intent in raising rates, yield curve is inverted likely crazy, PMI near 50 and sinking, every tech company firing workers, every company I work with locally has a hiring freeze or started layoffs. Market timing is tricky, and we're already down a lot from the peak, but I wouldn't be the least bit surprised by another leg down.
How she even has a job astounds me. Her 1 year return is -65.3% SOURCE: [https://finance.yahoo.com/quote/ARKK/performance/](https://finance.yahoo.com/quote/ARKK/performance/) She lost 65% of her investors' money over the last year... she is clueless. Why is she still opening her mouth?
She offers no fundamentals. But you're right no one is offering the counterargument. If I were making the case for Bitcoin, there's a angle to Bitcoin being a world-wide currency for the non-wealthy. However, it is so volatile as designed it can't succeed filling that need. So Bitcoin remains a speculative "asset appreciation" bet without any plan for an ecosystem. But here's the other thing with Wood :she's done this with other "long term" businesses in tech and innovation with a terrible track record. Betting on trends, but not recognizing the dynamics that will sink early adopters in the short term. Roku and Coinbase are good examples of this. Lastly, and this is the big one, there's an ETF that does the opposite of her core fund, ARKK. If you put $1k of your money in that fund a year ago, you'd have nearly doubled your money.
They're literally losing 500mm a quarter. The crypto winter is here, cryptobros are weary of exchanges, so pulling evertyhing to cold wallets or whatever they're called. How the fuck will an exchange make money if bros aren't trading their makebelieve coins and gifs? THis is a dead man walking. Cryptobros are so fucking stupid they think the only way to go bankrupt if you have regards that gamble people's money away in meth binged orgies. Nope, you can go bankrupt when your business doesn't generate enough money to pay the bills. I haven't even looked but I'm sure they're saddled with debt too, as any crypto outfit would be... short the shit out of this dog, and ARKK too...
Then you should know that a 5-year horizon is bullshit, since ARKK regularly daytrades stocks. They completely exited Palantir around ~3 years after buying most of their position in Palantir and only months after their last buy of PLTR. There are many more examples. The 5-year time horizon is a real ARKK policy, unless in most cases when it isn't.
I don't think that this has as much of an effect on COIN than it does on some other stocks. ARKK owns like ~3% of total COIN shares. There are companies where ARKK owns over 7% and liquidity is very low. ARKK buying those stocks pushed the value of that stock up, making ARKK's performance look great. Now ARKK is stuck in a lot of those positions, where selling would just crash the stock. Might be fun in the months ahead!
She's doing exactly what I want her to do. I have 10% of my portfolio in ARKK, and I want exposure to shit that I won't touch with a 10 foot pole because I have no time to understand everything. I can sit here and tell you 100 reasons why imo I think crypto is the dumbest shit ever in its current form but I also think that shouldn't stop me from diversifying my portfolio and allocating a bit into crypto, maybe 2-3% for exposure.
Cathie Wood-led ARK Investment Management sold over 93,000 shares of chip-manufacturer NVIDIA Corporation (NASDAQ:NVDA) at an estimated valuation of over $14.6 million based on Friday’s closing price. The sale was done through the ARK Innovation ETF (NYSE: ARKK).
Exactly. But don't worry about "people". ARKK is like an outsourced tech investor for bigger funds. The biggest owners are Morgan Stanley, Wells Fargo, Bank of America, Goldman Sachs... These institutions know how to diversify the portfolio.
Before you punish yourself more, better check for example JPMorgan's 13F filings, which tells what they owned in the beginning of 2022: Peloton, ARKK, EVs (Tesla, Lucid, Rivian, Nio...). These guys are professional investors. (https://www.sec.gov/Archives/edgar/data/19617/000001961722000331/xslForm13F\_X01/Information\_Table\_03.31.2022.xml)
This is what desperation looks like. ARKK is down 64% as compared to S&P, which is down 17%. If you were going to lose your shirt, you’d go for the craziest bet hoping to recoup all your losses. This isn’t genius. This is a low probability but if it works out, a high returns play.
She's just doing the same thing Hwang did with CFDs and FTX did with FTT. ARKK's performance is tied to that of its underlying holdings so she acts to prop up demand for COIN when it falls. Buy COIN->COIN goes up->ARKK has greater AUM->Buy COIN It's a Ponzi which will collapse like her previous funds did
COIN may survive but I seriously doubt it’ll hit its 52 week high ever again. If investors lose confidence in crypto, which they should, then this stock will continue to decline as trading volume does as well. Not a fan of Wood. I think her ARKK is a dumpster fire.
She might not be entirely wrong here. Would I invest in ARKK? No; would I throw a bit of lonely at COIN? Yes; will it go lower, maybe. Coinbase has survived the past 2 crypto winters. Will it survive this one? I would bet yes. The ones who have made it this far will likely survive. Yes, they will likely experience pain. But their cash position is there to stave off failure. Buy now, hold 3 years, have faith. Go 10x!!!
Similar event happens to most investors. A big tech crashed sometime ago when Silicon Valley had over 110,000 jobs evaportated within a few months. My investment in Intel, Microsoft, JDSU and Apple went down the tubes. My disruptive tech etf fund managed by Kevin lost 35-40% (vs ARKK). Everyone uses Microsoft and Intel processor was inside every PC right? I did not have a clue either. MSFT took 16 years to recover. Intel had too many Pentium chips which it could not sell. I did not know. JDSU was no worse than alternative currency heavily speculated in 2022. It had a fiberoptical cable. A currency not backup by anything is not something one can exchange for commodity. I actually did what you did. I sold them and bought iBond and fixed rate annuity at 3.5% going extra conservative. Kept my PFE, JNJ, and PG. Today I own more iBond and have the rest. With more experience and more diversification my losses is -12.8% ytd. Holding more cash or fixed income works well like this market. Yes, I can put in an index or many indices watch the market go up and down. I do feel my losses with experience returns better than -15.63% like 500 index. In a bull year I was doing slightly better in 2022 with essentially same portfolio.
Probably referring to how SPX looks very death marchy over a full year, with breaks in the selling not lasting long. This is the worst year for up days by stock averages since the dot.com bust in the entire world (yes, this is worse than 2008 in reference to down days). There are plenty of adults that haven't experienced something like that live and even if you diversified, you had issues if you were like my dad. The fact that I choose to reject a death march in 2023 is probably signing us up to something like dot.com actually transpiring with my luck (I never owned something like ARKK but I laughed at the idea of a dot.com...well...this will be viewed at as similar to dot.com in the future even if my gut feel is right on 2023) and signing the death certificate for the Dow too, which lost 33% in it and was "only" -22% from peak to trough.
$BOBBY getting his nuts slammed -9% Yen getting a beating, that is probably a trade up to JPY=X $150 again Gamestore -5.6%, Cinemastock -6.6%, C0oo000orn struggling, ARKK -3.5%, co0o0o0ornbase -8.5%, tesla,lucid,rivian,nikola -5-6%