ARKG
Sector Rotation May 2021 - Where is the money flowing?My last video about Sector rotation was in March 2021 where I talked about the Consumer Staples sector. NYSE:PG and NYSE:JNJ have so far performed to expectations. It is worth looking at the model once more now to see where the next potential money flow will be.
From March 2021:
Sector Rotation theory suggests that from market bottoms the two sectors that should lead are Consumer Discretionary and Technology. These two sectors did in fact lead the market out of the COVID crash. The next sectors to lead as the market matures are Industrials and Materials. These too followed the theory through 2020 as the bull market grew. At the market top Energy is supposed to lead and sure enough we have seen quite the run on Energy related stocks. What that means going forward if the theory holds is that Consumer Staples and Healthcare should outperform the market.
Apocalypse of ARK investEveryones know ark invest will not perform well unless tesla performs well..!
now their biggest ETF, ARKK performance becomes negative again in 2021..! and all their ETFs underperform in comparison to major indexes.
congratulation to their management team who manage the ETFs...
I warned everyone this bubble is going to burst, when the price was 143, no one listened to me..!
How is it possible?
Don't you believe it?
Check this:
be ready for this one!
The Social Media Trading Bubble comes to its end..!While many people thinks when ARK invest touches anything it turns to GOLD, I believe another season has just begun for those who invested in ARK ETFs. In this season we will see everything will be burned into ashes!
First, let’s look at the numbers, and see the performance of ARK invest ETFs in the last 2 trading weeks! They are all sinking in Blood..!
PRINT: -23.16% in 9 trading days
ARKG: -21.69% in 11 trading days
ARKK: -21.06% in 8 trading days
ARKF: -18.59% in 5 trading days
ARKW: -18.41% in 8 trading days
ARKQ: -17.37% in 5 trading days
While people asking themselves which ARK’s ETF will perform better in 2021, now they should ask themselves which one will burn into ashes sooner???
Theme Investing
I believe the ARK’s CEO and her team members did not buy the Sci-Fi stories the told people on their social media, but they tried their best to sell it to others, and they were very successful..!
Look at the performance of these stocks, most of them skyrocketed 10x, 20x or even more in less than 2-3 years.
-
CRSP, ROKU, SNAP, PINS,NNDM, WKHS, Tesla, and ...
Now as an example, I will explain CRSP and what ARK did with this stock.
There is no doubt CRISPER is one of the most important and disruptive medical innovations. Therefore, Jennifer Anne Doudna an American biochemist known for her pioneering work in CRISPR gene editing, awarded the 2020 Nobel Prize in Chemistry along with Emmanuelle Charpentier.
By a quick search on social media you will find ARK’s CEO talking about CRSP enthusiastically and the share price skyrocketed almost 20 times in the last 4 years. And if you see the ARK watcher, you will find out they almost emptied their portfolio from CRSP in the last 2 months and share price slipped from 220 to 125 since Jan 15th, 2021. Yet, I believe it could go down to 70 in the coming months!!!
The question is :
Is CRISPER not an innovative/ disruptive Genomic medical company any more? ( as a doctor and holder of M.D. degree, my answer to this question is : CRISPER is a disruptive Genomic medical company)
So the question could change to:
Everything ARK has talked about was not true? Or they don’t believe in the 3 trillion Genomic revolution they are talking about any more?
I believe ARK noticed a company with 719k revenue (CRSP)in past 4 quarter couldn’t have 15.5 Billion market cap, and they suddenly decided to insert the needle into the bubble they created in the first place, buy selling their CRSP shares!
Last words, I have a good news for ARK invest, Tesla chart is pretty much looks like CRSP..! So be ready for that bubble burst too!(Tesla is biggest part of the pie in most of ARK’s ETFs)
Time will show us the reality of the people’s claims..!
Moshkelgosha
What about 3 trillion promised genomic revolution?While many people thinks when ARK invest touches anything it turns to GOLD , I believe another season has just begun for those who invested in ARK ETFs. In this season we will see everything will be burned into ashes!
First, let’s look at the numbers, and see the performance of ARK invest ETFs in the last 2 trading weeks! They are all sinking in Blood..!
PRINT: -23.16% in 9 trading days
ARKG: -21.69% in 11 trading days
ARKK: -21.06% in 8 trading days
ARKF: -18.59% in 5 trading days
ARKW: -18.41% in 8 trading days
ARKQ: -17.37% in 5 trading days
While people asking themselves which ARK’s ETF will perform better in 2021, now they should ask themselves which one will burn into ashes sooner???
Theme Investing
I believe the ARK’s CEO and her team members did not buy the Sci-Fi stories the told people on their social media, but they tried their best to sell it to others, and they were very successful..!
Look at the performance of these stocks, most of them skyrocketed 10x, 20x or even more in less than 2-3 years.
-
CRSP , ROKU, SNAP, PINS, NNDM , WKHS , Tesla , and ...
Now as an example, I will explain CRSP and what ARK did with this stock.
There is no doubt CRISPER is one of the most important and disruptive medical innovations. Therefore, Jennifer Anne Doudna an American biochemist known for her pioneering work in CRISPR gene editing, awarded the 2020 Nobel Prize in Chemistry along with Emmanuelle Charpentier.
By a quick search on social media you will find ARK’s CEO talking about CRSP enthusiastically and the share price skyrocketed almost 20 times in the last 4 years. And if you see the ARK watcher, you will find out they almost emptied their portfolio from CRSP in the last 2 months and share price slipped from 220 to 125 since Jan 15th, 2021. Yet, I believe it could go down to 70 in the coming months!!!
The question is :
Is CRISPER not an innovative/ disruptive Genomic medical company any more? ( as a doctor and holder of M.D. degree, my answer to this question is : CRISPER is a disruptive Genomic medical company)
So the question could change to:
Everything ARK has talked about was not true? Or they don’t believe in the 3 trillion Genomic revolution they are talking about any more?
I believe ARK noticed a company with 719k revenue ( CRSP )in past 4 quarter couldn’t have 15.5 Billion market cap, and they suddenly decided to insert the needle into the bubble they created in the first place, buy selling their CRSP shares!
Last words, I have a good news for ARK invest, Tesla chart is pretty much looks like CRSP ..! So be ready for that bubble burst too!( Tesla is biggest part of the pie in most of ARK’s ETFs)
Time will show us the reality of the people’s claims..!
Moshkelgosha
ARKG: One more High, But be CAREFULBought 30% ARKG allocation on Friday, and expect to hold until it reaches a NEW high, then SELL.
( This is my PERSONAL trading CHART, with no further educational explanations.
IF you get it, YOU GET IT, if you don't, YOU DON'T. I personally don't care. )
Fine-tuning TOPS and BOTOMS require additional MULTI-TME-FRAME/ INDICATOR analysis, NOT included.
$CRSP Trade Review -9.12%The stop-loss that I set for myself for the H&S invalidation play was absolutely obliterated today. We have broken below both the neckline of the head & shoulder and the support of the bullish channel. This puts the level of $84 to $110 absolutely in play.
Unless we are able to break back above the bullish channel and the neckline, the H&S pattern will complete itself. The daily RSI may be in the oversold territory now, but considering the nature of our correcting market, $CRSP earnings miss, ARK not adding to their position, lack of short-term positive catalyst, absence of media exposure, and a high probability bearish price action pattern, there is very little reason for $CRSP to sustain a higher price in the short-term.
As such, the downside risk for $CRSP is extremely huge. I will avoid entering a $CRSP position for the time being as I would like to wait for a re-test of the key levels before confirming a directional bias for a position. If we re-test the bullish channel's support-turn-resistant and H&S neckline but fail to break above either of them, we will likely be heading for the $84 to $110 level to complete the H&S pattern. Otherwise, if $CRSP manage to stay above them, I expect either a consolidation or a push for the resistance of the bullish channel.
This is not investment advice so please do your own due diligence!
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ARKG bearish in the short run, bullish for next week.ARKG - great long-term stock to have, but using TA we see that it is likely to fall below the 107 level (also a fib line here). It has been following a 5 part pattern since December and has been trading in an ascending triangle. According to the Stochastic RSI, we are likely to see a small pullback (from 2 to 3) before rebounding upwards. The key level upwards is breaking the 109.15 level (also a fib). Watch and wait for a long entry at that reversal or take a riskier approach and buy puts for the way down. Implied Volatility is relatively low, so buy contracts or spreads for this one.
Crispr - DNA/Gene editing Technical Analysis
Since early December, we have had over a dozen tails on the purple up-trend arrow drawn in.
The 50sma is now coming into play, as a break below that, could take us another 20% down to the 100sma.
An appropriate level to exit the trade then, would be below the 50sma.
There also horizontal support as we fill the gap.
Important Note:
Earnings are on February 10th; so be aware of this if you plan to enter the trade.
Opinion
I believe this company is the future of gene editing.
Check out a documentary of the company on Netflix called Human Nature.
*It is more about how Crispr (DNA modification) works, than how the company makes money.
Enjoy your weekend,
dorfmaester
$ONEM when is the next dip?$ONEM is a solid company that Google has invested in and also it is a part of Ark Investing ETF ($ARKG) run by Cathie Wood, you can see how this stock has generated a nice uptrend with good dips to jump in, DYODD, not financial advice!
$ARKG Daily.ARKG looking a little overextended, finally cooling off a bit at the top. It might retract to it's 50 MA on the daily. It bounced today off it's November break-out anchored VWAP while volume continues to be higher than normal. There's a gap below the 50MA that could get filled if we drop lower.
$ARKG SHORTS!ARKG Created an all-time-high at 114.81, since then it has failed to find a support level past the breakout zone at 108.62, seeing as it has pushed below the failed support level, I can see shorts into 92.38 before a possible rebound pack into the upside.
Leave some comments below of your opinions and don’t forget to leave a thumbs up if you find this post helpful!
PLTR stock was bought by ARK! where stock price go? Palantir (PLTR) we missed you in action in the last month and a half... I covered what the company does and how in the previous idea I wrote in Nov -link here
So Palantir acquired new contracts in the health sector last month and as it seems now – their technology can integrate in any major corporation and improve efficiency dramatically.
This means that Palantir will acquire new clients organically based on user experience that is proving as very efficient and successful – which is the best advertising you can ask for 😊
Shares of PLTR were acquired last night by the notorious ARK invest – they bought 497,100 shares exactly and this is the first time the company is acquiring PLTR which means to us they believe in the company but more importantly, they think the stock price is reasonable if not underpriced!
So, let’s go on technicals – this one is pretty easy and clear
• We had an impulse wave that took the stock above the 30$ line.
• Once wave ended and people abandoned the stock it dropped to 24$ line
• Now we see in the last month it formed a sideways trend between 24$ to 28$
• After ARK news I expect the stock to go to the 28$ line and retest resistance – this will be our first target
• Second target will be breaking through the 28$ and giving us a high on the 31$ line – touching previous resistance
• Third target will be after breaking the 31$ and going to 34$ where we have our highest high and doing accumulation on that level so the stock can potentially break out to new highs – even 40$, we saw the SAME exact behavior on JUMIA this month and it eventually broke out
If all targets are achieved in the upcoming week or two (the market is very fast these days) then we can aim to take some profits at 40$. if we see the PLTR dropping to the red zone on the chart at below 24.00$ we can assume this analysis is canceled and should be ignored
We at FDGT truly believe Palantir has a lot to offer and their product is going to disrupt technology and innovate it to new levels as artificial intelligence is here not just to stay but to take over and companies that will not combine artificial intelligence in their software will fall behind, so this is only the beginning of PLTR , and we are very bullish on this stock in the upcoming years
Closer look (1H chart) :
Please remember to do your own due diligence, we are not certified to give any financial advice.
Happy Friday !!! trade safe
Looks like a winner! 15 is coming $75 ST-PTWait for $75 to take a little profit... multi-decade growth story... No one was buying AMZN @ $8 or TSLA @ $25.... Seems the crew on board BNGO is a very much like a cult... good luck trying to short or steal shares from these longs... guys look like fort knox. long and strong. $15 soon...
Is $CRWD ready for an $ABC correction to $195Is $CRWD ready for an $ABC correction to $195
CRWD is definitely a leader in its space but this run looks a bit extended and exhausted along with a potential corrective wave to $195.
Use options to define risk as premium paid.
Suggested options to use: Feb 5 Weeklies $200 put trading at $4 a contract.
ARKG potential head and shoulders formingI am not one to speculate on future pattern formation but I am on the watch for a possible head and shoulders forming on ARKG. The pattern (if it ever forms) is missing the completion of the right shoulder so for now I will just wait calmly and see how it unfolds.
The Stochastic and RSI are curling up, which could propel a price increase in the short term (and form that right shoulder if the price retraces from the push up).
If the pattern does form don't hesitate to take your money off the table. H&S is one of the most reliable patterns and breaks out most of the times (in this case, to the downside as H&S is a bearish pattern). It would probably not be the cleanest textbook H&S but it would still fit main the criteria.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***