Latest Posts
About This Stock
More About This Stock
Read
Read
Read
Filling Cathie’s Gap

Article By:
Tim Knight
Wednesday, June 22, 2022 2:02 PM EDT
Keep an eye on these gaps closing as an exhaustion point for the brief recovery Ms. Wood is enjoying.
Cathie Who?

Article By:
Candy Matheson
Wednesday, June 15, 2022 4:52 PM EDT
The bears are still firmly in control of the ARK Innovation ETF.
In this article: ARKK
Fundamentally And Technically The Entire Crypto Space Is A Huge Mess

Article By:
Mish Shedlock
Sunday, June 12, 2022 6:27 AM EDT
Ethereum crashed below support. Let's discuss much of the crypto space including Bitcoin, Dogecoin, and coins allegedly staked 1:1 to Ethereum.
ARKK Suffered $352 Million In Outflows On Wednesday Before Plunging To 52 Week Lows On Thursday
Right now it's a death spiral because $ARKK is such a large holder of most things it's invested in. ARK attracted way too much money for its "disruptive" strategy because many of these companies don't have huge market caps ($TSLA is an exception). All the buying by the ARK ecosystem drove prices higher but that knife cuts both ways. Faced with redemptions, ARK is forced to sell things to generate cash, which hammers the prices of illiquid securities and triggers...more redemptions. Rinse, repeat. The smart move would have been to close the funds to new investors instead of raising so much new money on the back of her TSLA success. Greed is a sin for a reason and ARK's investors are paying the price for not understanding that.