Tuttle Capital Short Innovation ETF
Looks like it’ll be another day I wish I sold CC’s on my SARK. Fucking wild the strength of the meme trash. I don’t really mind when TSLA or some other companies that actually make cash pump, but watching the bottom feeding companies losing shitloads of cash pump is frustrating.
I feel good when I read this post.. Some shit I felt tempted to buy because FOMO kids in my friends circle salvated over them me but I passed. ARKmania SPACmania Mememania short ETFs like this one that crossed my sights and SARK. Opened a Coinbase account and held off from depositing cash when they asked for ID. So I can put money into crypto and shitcoins but didn't since I didn't move money to Coinbase.
**I hardly have a model portfolio.** I have mostly been a buy-and-hold guy for thirty years and now have a *stupid* amount of diversified holdings across several accounts. Mostly I let my winners run as I seldom have been able to justify the tax hit on a sale. My lucky heirs can straighten the mess out with a step-up basis sale and consolidation, assuming Sanders and Warren don't take over. Anyway, below are my top legacy holdings with percentages of the stock portfolio. Today, I would increase my SCHD percentage, but at the time of purchase, I knew less and figured it was safe to diversify with multiple dividend ETFs. More than a bit of dumb luck was involved, ONEY is up 87% and pays 2.68% and I am up 500% with Nike (1.07%) and 960% with TXN (2.57%). A chunk of investment assets is also in a Muni-Bond ladder. I now focus on quality companies that appear to be good values and pay decent dividends. My recent buys have been INTEL, CISCO, VOD, NEM, LYB, and MPW, all of which pay nice dividends and IMO have a lot of room to run. Also, SARK for a short-term play. Earnings come out tomorrow for MPW; fingers are crossed. ​ Ticker Name Weight (%) (%) ONEY SPDRÂ® Russell 1000Â® Yield Focus ETF 3.61 VFIAX Vanguard 500 Index Admiral 3.54 NKE Nike Inc Class B 3.36 VXF Vanguard Extended Market ETF 3.23 TXN Texas Instruments Inc 3.02 SCHD Schwab US Dividend Equity ETFâ„¢ 2.95 VYM Vanguard High Dividend Yield ETF 2.76 VNQ Vanguard Real Estate ETF 2.64 HDV iShares Core High Dividend ETF 2.56 ARTIX Artisan International Investor 1.38 VBR Vanguard Small-Cap Value ETF 1.32 OAKIX Oakmark International Investor 1.28 HDV iShares Core High Dividend ETF 1.25 UNH UnitedHealth Group Inc 1.18 MSFT Microsoft Corp 1.14 CMCSA Comcast Corp Class A 1.05 LIN Linde PLC 1.04 VWIUX Vanguard Interm-Term Tx-Ex Adm 1 ACN Accenture PLC Class A 0.97
There is misinformation spread about them as investment products. You'll also notice that they are never mentioned as top daily performers in the market like other ETFs are. As if no one wants people to be aware of them. The funny part is that misinformation is often spread by institutions that hold those funds themselves. It's the same thing they do to spread fear about shorting stocks. "infinite losses" is the paranoia. Unless you're shorting some insanely volatile stock that has huge swings or is heavily shorted, that is incredibly unlikley. With inverse ETFs, there is decay long term but it's impact is dramatically over exaggerated, as are the risks associated with these products. There are risks to leveraged products in that they can swing a lot. QQQ goes up 3% and SQQQ loses 9% in a day. But there are inverse index ETFs that aren't leveraged. There are inverse ETFs for bonds (I think one is $TBT) specific sectors (like $DRV) and commodities (likke $SCO). There is even one that effectively shorts Cathy Wood's ARK funds - ticker is $SARK. I strongly suggest learning about these funds, their actual risks and actual issues with decay. Research, as always, is key when making any investment decision. I suggest it because, contrary to what the majority of people will tell you, there are a lot of ways to make money in a bear market if you don't want to go cash and wait on the sidelines or invest in shorts and puts. Inverse ETFs negate the possibility of unlimited losses which kills the paranoia people get when shorting stocks. The good people at r/LEFTS are a good source of info.
Tesla is the only stock she has that’s gonna survive. It’s barely moving up though because all the funds shorting her are shorting Tesla indirectly. The SARK fund (Matthew Tuttle’s firm in Greenwich 🤑 ) is making off like a bandit on the back of Cathie’s cult following
Mr. Market waited just long enough for all the normies to get jacked to the tits with SQQQ, SARK and TZA then decided to make everyone poor. ![img](emote|t5_2th52|4641)![img](emote|t5_2th52|4641)![img](emote|t5_2th52|4641)
Highly suspect Cathy will be praised on CNBC and other outlets in the next few days despite her clear losing track record and asinine opinion that she can see the future while ignoring reality. SARK is your friend, he's been very helpful this year if you didn't see this coming
Lotta smart people say the outlook for both the economy and rate hikes is more bearish than the current price action seems to indicate. Maybe SARK time? Idk man also feel comp long. Going on vacation next week so maybe I’ll get some clarity then.
Yeah, you gotta watch for bear market rallies. I reentered SARK at $51 last week... I knew this week would be volatile... today they are trying to pump it and I do have a very loose stop loss as I'm in the money already... but I don't see how ARKK doesn't break down this week down to at least $40.
Watch for a random VIX spike and reversal tomorrow after 2 PM. If this happens, there's very close to basically a 100% chance of a stock rout Thursday. I'm not sure why this is, but folks blame it on a currency swap. I don't watch currencies, but I do look at the VIX. So, I'm going to be looking at it and looking for the spike. If I see that spike, I'm going to double up on SARK (picked up 100 last week) and honestly...hang my head in shame because I hate this sh--. Maybe since people have picked up on this, this winds up not happening...
I really hope you didn't exit today. The market just turned back to bearish today... and next week is the motherload of all weeks in terms of possible bad news. I got in SARK yesterday in preparation for next week. I'm riding it for at least the next 5-10 days depending on the news that we get and the GDP print.
I’ve made 3 really nice trades today. One was rolling a CC at the top of the pump on defensives that I was underwater on. Already made back the loss on original play +300%, 7DTE now. Closed short puts at the high today on my nemesis ticker that I’m shorting. *Heavily* in the red on, but lowered cost basis by about $800 buckaroos. Really then I closed some SARK short puts for about 60% gain, after bleeding hard for two weeks. Trying to sit on my hands, because it’s not too often I nail the peaks and troughs like this. Overtrading always fucks me.
I remember. I picked up some shares of SARK for zoom earnings. Zoom beat, but snapchat saved me with that filing out of left field. Not the biggest gains, but it was fucking hillarious. Also had some SQQQ at the time, bought right before SARK.
There are so many ways to lose money in the markets. Why people simply don't buy a low cost index ETF and keep DCA till their retirement? S&P500 will be here in 30 or 50 or even 100 years but who will even remember SARK or ARKK or Cathie after 15 years.?