Hard days ahead for actively managed ETF!Since they invested more than 99% of the capital in the stock market they can beat the market in both directions..!
ARKK trade ideas
Comparing ARKK to PBW and nasdaq100PBW has been blasting it this year, but it underperformed the nasdaq100 for a long time before that. ARKK has out performed more consistently. We are seeing more chinese tech taking the reins in recent times.
This is just an observation of all things in cutting edge sectors. Green energy might be pushed as people shy away from fossil fuels. Especially after the negative futures prices for oil earlier this year. I like all of these ofcourse.
$ARKK Next MAJOR Downturn Buy This Name And Go Back To Sleep Title Once Again Says It All - Have You Lost $$$ trying to trade on yoyr own? Here's your solution BUT ONLY ENTER ON A SEVERE PULLBACK in the SPX Ms Woods has a BETTER track record than Warren Buffet - With all due respect to Mr WB - Not Advice
Ark Innovation ETF Retracement PlayIf ARKK top was around $105/share. Using fibonacci retracement I would expect long opportunities to open up starting possibly around 0.5 fib (approx $70.00/share) and more likely around the golden ratio around 0.618/0.65 fib (approx $60/share). The golden ratio also corresponds closely with the 200 day ema on the 2D chart which should act as a strong resistance.
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ARKK LongAfter completing a wave 3 we are setting up for an ABC correction to complete wave 4 if the support from previous ATHS is broken. I am looking to go long from 92-95 for an overall Price Target of 118.
If the support of 98 is not broken we can get far more extended than 118 before the next pullback.
Ideal Entry is 92-95 so if we do not break down that far be careful chasing as that is a potential range to pullback to.
Old school Butterfly pattern!This is the perfect bearish butterfly, first target 93, then could go as low as 72
ARKK continuing outperformance, but has it run too hot?ARK is unique in that it has multiple non-leveraged, actively-managed ETFs that have delivered strong outperformance. But in the past few months, that out-performance has gained steam. We've seen ETFs like $PBW and $TAN run up, but $ARKW, $ARKQ, $ARKG, $ARKF have all delivered strong performance vs. $SPY. This chart shows that the "innovation and disruption" narrative is either true, or has been overbought. The divergence is extreme.
Sitting at 10%+ of the fund is $TSLA, who recently dissolved their PR team, and had a roof fly off of a Model 3 on the drive home from the dealership. Valuations are stretched on most of the holdings. Research by Morgan Stanley and Schwab Equity Research have shown that stocks with very high beta and the highest forward P/E estimates perform worse than those with low-beta and lower forward P/E estimates.
From a technical side, any kind of mean-reversion for $ARKK would be disastrous. While it is the most liquid of the $ARKK funds, a breakdown in the mid-cap growth narrative could impact funds like these the most. $PBW and $TAN have already dealt with their reckoning, losing a great deal of their value in 2009. Are we seeing something similar happen today? Or are we seeing another parabolic move that will see additional follow-through, as we saw with $TSLA back in January?
$ARKK Next MAJOR Downturn Buy This Name And Go Back To Sleep$ARKK DO NOT BUY HERE - READ THE TITLE - We think that Ms Woods is the REAL DEAL re in a class with Mr Buffet - Not advice #Patience
Arkk Innovation ETF - Disruption is the key.The markets correction is providing an opportunity for entry an amazing ETF.
the cross point is around 88.50, with strong resistance support at around 84.50-81 levels.
With Battery Day looming, a potential rebound may occur (Tesla)
Not to forget Nikola is battered with the resignation of Trevor, leaving few rivals to compete in the markets.
For those whom one some positioning in Tesla but want to diversify and not to take huge position, this is a great alternative
as the fund manager keeps a position on Tesla at around 10%.
point of entry for consideration between 86-88
Target Price based on 2 Nov
Low TP - 95
High TP - 113
Bullish on ARKK ascending triangle patternI love my triangles, and got the 12/18 $110 call options for ARKK based on several indicators / patterns here.
RSI / MACD flipping, price sound support and higher lows from channel bottom trend line, and the beautiful ascending triangle.
ARKK's biggest holdings are TSLA and SQ which are not showing any signs of slowing down going into the end of the year.
ARKK high buying pressureAfter hitting its final long long term support line, ARKK has finally bounced off the support. The buying pressure was so strong that it reclaimed its previous support at the 87.75 level. The RSI tells the same story. Expect a continued uptrend, until it hits the top of the channel, At which point we will either see the price breakout or fall back to the floor.
Also, Watch for the RSI to hit either trendline to get an idea of which way the price is headed. In the past, the RSI hitting a support level has been bullish for the ETF. When the RSI has the the long term resistance line, it has always been bearish in the short-medium term. The worst drop In Price, after the RSI hit resistance, was right below the March lows.
As for fundamentals, I like this etf because it has been a top performer, as far as ETFs go, for the past year. I also like this etf because it gives you good exposure to Tesla, without directly investing in the riskiness of Tesla. Even I admit TSLA could be trading at pretty high valuations, so it helps that this etfs invests in other “disruptive companies” such as Square (SQ).
ARKK - Watch The ChannelGreat momentum on ARKK and I want to build a long position. I'll be watching this channel to see if the top of the channel smacks it right back down and will scale in little by little as we hit the middle of the channel.
