According to the CEO of NVDA, the next big revolution is coming into biotech. Biology will be engineered and therefore will compound exponentially. Now might be a good time to enter this field.
Year to date relative comparison of the ARK funds shows that the ARK Next Generation Internet ETF (ARKW) is outperfing the rest of the pack.
ARKG $ARKG Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
noah was instructed to build an ark, in accordance with market makers instruction: he took into the ark the most bullish of all specimen. ---- before the bulls had ventured on this journey, this noah guy looked at them intently; he said: "one day this ark will turn 88 that's when a lot of you could dissipate. do not let greed control your journey, simply...
If it breaks this line in the next couple weeks, it could spell the end of any potential fast recovery of the ARKs and could take almost a decade to even return to these current prices. Also would mean to me that the overall market will be going into a depression, so you won't have much fun in BTC, NDX or SPY either. There is still a possibility of a V recovery...
Hello Traders and (and maybe Tech/ Value / Longterm Investors ?), ARK funds took BIG hit last year and sell-offs continue. (Panic and uncertainty at the market, raising Inflation and Interest rates, ... War or Pandemy, what could be worse ? WW3 ? ). So are the ARK funds Investable ? I believe so... but under some conditions. 1) Most stocks were simply...
I feel like in a few years from now this could go up from where we are now. Nobody believes in cathie wood anymore but genomics is the future. But this got way ahead of itself. I don't expect this to moon anytime soon also
Be on the right side of change is a fancy title for an investment company that lost 23-25% of the value of their 4 main funds in the past 16 trading days! No need to say that these funds had lost 17-34% of their values in 2021. I think it is crucial to be on the right side of the change, otherwise...! One of my favorite Youtubers is Ozzy man, he has a series...
Earnings: TSLA (63/69). Announces on Wednesday after market close, so if you're looking to play the volatility contraction, look to put on a play in the waning hours of Wednesday's session or, if implied volatility afterglow persists, early Thursday after it has made its move. If NFLX earnings is any indication of whether TSLA will "behave," you may want to...
The macro count is pretty clear. We're below the 38.2% fib of the impulsive move from the covid lows, and approaching the 50% fib as well as the bottom of the channel. The weekly RSI is lower then even the covid lows of march 2020. In fact the RSI hasn't been this low since inception in 2016. As with all of ARK's ETF's these are long term plays. If you want...
Jim Simons: “Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty. On February 28th, 2021 (10 months ago) I published this article: The Social Media Trading Bubble comes to its end..! I have always said: Only time could show the accuracy of...
We are bounching from the 0.618 fib. Probably going to end up in the upper channel. Question if it can break to the upside?
Love the stock and the company so got nothing else to do but wait this out. Holding about 20k shares. Short-term PT --- R1 $6.53 R2 $6.72 R3 $7.63-7.67 ... Near-term PT ~ $13.52 ... Long-term PT ~ $40-60 (let's settle on $50). Let me know what you guys think.
Prime setup for $ARKG as we hit the midway point of Bloody September, the worst month for returns. We've already seen several pullbacks, and with quad witching coming on Sept 17, we're bound to see some volatility. I fully expect ARKG to fall a little further as the broader market bleeds, but come the quad witching hour, you'll start to see the tides shifting....
I see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible. I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle. If that occurs, I will start opening position on point 3. we see 2 influential figures coming head...
Bulls need to step in soon. ARKG recent 100MA death cross the 200, 2nd retest of downward channel and 200MA fall . Not looking good and 72 first target. If bears lose control, we see a breakout of the channel back up to 93 resistance levels. Really nice volume shelf support at 83... this needs to hold. Opened an 85/90 debit spread for 9/17 to be closed if...
It looks like wave 2 has not completed yet. If we get a bounce and rejection off of the DTL and PoC line, and break the support around 82, we could see a completion of wave 2 around 75-76 followed by wave 3 to 110+
... for a .23/contract credit. Comments: Put on when the expiry-specific implied was at 56% (See Post Below), it's crushed in here to 38.8%, so I got movement away from the short put strike + volatility crush. No sense in hanging out another 36 days for the remainder of the extrinsic. In for 1.74; out for .23; 1.51 ($151) profit/contract.