12 years ago when I started this journey(trading/investing), I told myself: you have to review the background of the most successful traders and investors and pick the bullet points that work the best for you!
Before I came to the US 2 years ago, I have never heard about ARK invest. I remember the first time I search for the best-performing hedge fund in the past...
As mentioned above in last weeks post I was expecting a reversal off of $93, and while the bounce did happen out of my projected buy zone, it was met with relentless selling pressure once reaching the $98 level. Price is still in an overall downtrend, but as we approach the key $80 level I am certainly watching for a bounce out of the demand zone depicted in the...
Update on ARKK Monthly Reloading. Looking like there might be some more pain in bound. MACD is still pushing down and its looking like it could hit the MA at the bottom of the fib channel. It's easy to kick ARKK while it's down but you can't ignore its past wins and its potential to win again.
I'm a big fan of what Cathy and her team are doing research wise. I caught the uptrend last fall and made money. Unfortunately the Wall Street Fashion Show has moved on from the ARK line of stocks. I do have my criticisms of ARK: They have too many funds, trade too much and catch too many falling knives. These practices are amplifying the downside move IMO. The...
Cathie has been in over drive selling we book with her deflation theory and innovation stocks as the principal reason her fund will outperform.
The in period her fund is down almost 50%, Warren Buffet’s Berkshire Hathaway is up almost 35%.
In order for Cathie’s ARK fund to beat Berkshire should would need a 85% turnaround. Usually takes years to achieve this...
Warren buffet said no one can beat Index Fund, we saw rise and fall of ARKK mostly boost with pandemic free money, and falling to meet SP500 chart.
If ARKK will drop equal to SP500 or below means old man was right in his words with huge experience and wisdom.
game over for ARKK. had a good run in the bubble mania
phase though. some ppl made money.
Cathy says shes scared of deflation, which means she's scared
of Fed not providing more loose money. Fed isnt tightening really, its just not expanding the money supply quick enough.
... for a 2.51 credit.
Comments: More defense as this underlying continues to implode. Total credits collected of 16.99 (See Post Below) plus the 2.51 here equals 19.50. The resulting inversion is, unfortunately, 22 strikes wide -- 2.50 greater than the total of credits I've collected. This means that I won't be able to scratch it out during this cycle...
-Primary W4 target zone (38.2 - 50)
-Nearing channel bottom
-Reached 1st fib target for Y leg of W4 (-23.6)
-Confluent support of 38.2 fib and channel bottom
-Weekly RSI at march 2020 covid lows
-Downside risk defined at 72.50
From the looks of it, we might be nearing a bottom on growth stocks. Keep in mind this is a weekly chart so if we do continue down, it...
10 months ago when I published my views about ARKK, I received so many bad comments..!
I did not change my mind and never published a Buy analysis on ARKK, Why?
Because I studied ARK invest at least for one year and I read the CEO background and her track record from the beginning!
So many people who believe in ARK invest just looking at the last 5 years, but CEO...
ARK Innovation ETF (ARKK) led by Cathie Wood is shown a possible near break of the triangle with a possible golden cross on the MA coming up very soon. I plotted fib levels to see how I we can possibly go. There has been consolidation since March 2021. It seems that a breakout is coming very soon.
What are your opinions on this? Comment below, hit the like and...
Not a big stock guy but shifting capitol from crypto to diversify into some investments that actually represent tangible companies that make things lol. Strategy is to buy stocks/ETF's at standard classical pattern supports that are down 30-60% and let it ride. I am betting that 8 out of 10 stocks I am about to punt will not go to zero and that 40-60% discounts is...
Some annotations on the $ARRK chart.
My opinion is that when we break 80 we go straight to the 40's area.
The pump was the wrongdoing of Masa, Billy & others.
Options, gamma, low liquidity, etc.
Nobody really bought there, I doubt they will be buyers on the way down.
Bubblicious! Was right. As inflation soars and the FED is behind the curve don't
expect ARKK to do any better than it has. over the last year as Junk Bonds
start to sell off and rates for Zombie Companies rise.
It's always fun going up not so much on the way down.
Please click the play button several...
Tesla is present in almost all ARK's EETs, when it fails the whole system fails!!!
I believe miss Woods is in big trouble, and soon she has to find a substitution for tesla , otherwise, all her fame will vanish like a rockstar with a single hot albume!
ARKK price sitting a +3 standard deviations above identified linear regression mean with a potential RSI divergence identified signaling a possible pullback or correction to levels of support.
Linear regression analysis
ARKK's current bull trend beginning on MAR 18 2020 has been well identified
A linear regression trend pulled to current date gives a...