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ARKK

Growth vs Value. Technology vs Energy.While these two charts aren't the same, they are very similar. The top chart is a ratio chart of ARKK vs Berk.B. The bottom chart is a ratio chart of Tech vs Energy. If the top chart is any indication of the overall trend, then there's plenty of upside in energy still. The downside of ARKK vs BERK.B overshot the minimum downside target. This is a logical area for a bounce. The Tech vs Energy ratio looks to have a ways to go still. These rounded tops are very dependable reversal patterns. Keep your eye open for broken support lines when watching these rounded tops play out.
AMEX:XLKLong
by Breakout_Charts
Quant Levels for Monday Included in this post are quant levels for: 1) QQQ 2) TSLA 3) ARKK 4) NVDA 5) Overall outlook of this Sector (looking at the data holistically) Intro SPY had some great movement this week and so it consisted of 98% of all my trades. I did 1 trade on TSLA, 1 trade on QQQ and 1 day trade on ARKK (a new stock I have added to my repertoire), thus I really feel out of touch with what is going on with the tech stocks. So this post is more for me to refamiliarize and update myself with where we currently stand in this area. Hopefully it will help you, too! QQQ Quick and dirty deets: Monday Range: 357 - 365 Bullish Break: Over 364 with hold above 364.05 Bearish Break: Under 359 with hold below 359.44 Predicted Sentiment: Neutral with both bearish and bullish movement / expect a high over 362.81 and a low under 362.81. (I am being very specific here with the cent value because I have noticed lately the market has been pushing stocks into my key ranges as fakeouts. Traditionally, I would just look at the round number, but I have noticed in the past 2 weeks, especially with TSLA, that the cents actually matter, which they never did before so this is new). Based on where QQQ finished in after-hours trading, the next projected levels are displayed in the chart above based on my indicator. You will notice that it corresponds to my levels. Yes! Because those indicators are programmed with the same principles, slightly more simplistic, but still fairly effective! We will be passing one of those levels on Monday. Not sure which one, but I am sure one will be surpassed. Technical Standpoint From a technical standpoint, and again, I am not a TA so please take this with a grain of salt, it really looks like we are poised for some upward movement. Looking at RSI and just the curving of the chart pattern, it looks like we could see some bullish continuation into Monday. Taking this with the data, I really would like to see that bullishness get halted at the 364 level or slightly before back down, to maintain this bearish sentiment. But the reality is, I could for see this exhibiting bullishness Monday, passing that 364 up to 365. I think the drop is coming, I just don't think its going to be happening Monday, and the math doesn't think it is either. I am not getting hugely bearish readings or signals from the chart or from the numbers being generated in the model. So, I mean, take that as you will! TSLA Jeeze, I missed out on this stock this week! TSLA has had a recent sentiment change. I have updated my models and interpretations accordingly, as you will see the data presented a bit differently here (this is why). Quick and dirty deets: Monday range: 1058 - 1115 Bullish Target: Break over 1099.27, likely not to exceed 1115 unless there is a break over 1107. Bearish Target: Break under 1075, likely not to drop below 1058 unless there is a break under 1066. Sentiment: Neutral, maybe more on the bullish side. Expect a low of less than 1081.15 and a high of greater than 1081.15. Technical Standpoint: Well, the elephant in the room is that huge ass gap that TSLA created! (see chart above). Jeeze. So I guess there was a catalyst this week, it was TSLA's stock split. All these companies be splittin' stocks it seems. So are we going to fill this gap? Yes, yes we will. But probably not Monday. We have a nice bull flag on the daily on both TSLA and QQQ. We also have some overhead resistance that we haven't quite got to. So from a technical perspective, and this is actually kind of supported in the quant data, we can very well expect to see a break out from this bull flag towards that overhead resistance (see chart below). We also have the catalyst, the stock split, but we also have earnings coming up. Lots going on in the TSLA world and I wouldn't be quick to gap chase lower gaps here. ARKK Trading Range: 63 - 67 High Range: 66 - 67 Low Range: 63 - 64 Sentiment : Likely more bullish than bearish, but expect a low of less than 66.77 and a high greater than 66.77. Technical Standpoint: It kind of looks like it is doing a double top on the daily chart. But on closer look, its doing that creepy Ronald Mcdonald smiling face thing which actually tends to be more of a bullish sign. Taking it in context with QQQ and TSLA data, yeah I think we could see some more upward momentum and movement here. We have some underside support a few points down but no descending resistance like we have with TSLA. NVDA I don't know why, but I find NVDA such a boring stock, so I will keep this brief. Monday Range: 260 - 274 Bullish price: Break over 272 Bearish price: break below 261 Sentiment: Interestingly, calculations think this is bearish. It thinks that it won't be able to make a high over 273.75. Sentiment calculations for NVDA, are hit and miss. I think the accuracy is around 75 to 80% on backtesting, but I don't ever trade NVDA so I can speak to real world applications of this data. I just have it for interest sake! Technical Standpoint Can be summarized with one word. Messy. We have it currently in a downtrend. There is some overhead resistance. I think it may be aiming for the rocket ship type pattern (see below). But overall, seems like its unsure of its next big move. Summarizing So, out of the 4 stocks included, 3 all predict a sentiment of good movement in both directions. None of the data is overwhelmingly bearish, its all fairly mellow. To put it in perspective, when SPY did that run to 415 approx 2 Mondays ago, the data was EXTREMELY convincingly bearish over the weekend and on futures open. I am not getting any of that currently. SO I would expect a relatively unremarkable data on Monday. Just stocks doing their thing, minding their own business, etc. etc. I would avoid NVDA though. It just seems the least convincing of all of them. But you obviously do you! And I know SPY is not included here. As usual, I will post after the first 1 hour of futures data for SPY, as that first 1 hour really allows me to hone in my calculations and projections! Thanks everyone! Enjoy the rest of your weekend! Keep it restful and, as always, be safe! Let me know your comments, questions and criticisms below. Not financial advice!
NASDAQ:QQQ
by Steversteves
5
Zoom out the Zoom..! The past 3 yearsI think whatever you need to know about a Formation of bubbles and their burst you can see in the ZM chart: An 805% move in 18 months followed by an 84% decline in the next 17 months: During that 84% decline, you see a 36% and 48% positive surge, but the aftermath remained the same..! Even a significant change in the fundamental did not help: But ZM was not alone, other examples are: NIO: +5500% followed by -80% DOCU: And the mother of All bubbles: ARKK: and the Final point: Gauging Market Changes The key determinant of whether the market is bull or bear is not just the market's knee-jerk reaction to a particular event, but how it's performing over the long term. Small movements only represent a short-term trend or a market correction. Whether or not there is going to be a bull market or a bear market can only be determined over a longer time period. However, not all long movements in the market can be characterized as bull or bear. Sometimes a market may go through a period of stagnation as it tries to find direction. In this case, a series of upward and downward movements would actually cancel-out gains and losses resulting in a flat market trend.(Investopedia) Conclusion: You can be in the Bearish market yet see the most Exotic Bullish rallies..! Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. *I have open positions in SARK(74.36), SOXS(40), TZA(30.60)
NASDAQ:ZMEducation
by Moshkelgosha
6
Is the bearish trend finished? ARKK.Today I will share my view on Cathie Wood's ETF and the pending setup I have. * The main structure of the current situation is the yellow descending channel , where we have been observing several contacts there. * The confirmation for me to start thinking about bullish opportunities happened when the inner descending channel was broken. * After that, I decided to wait for 4 days of corrective movement (which had already happened) and define activation levels on a new high. (green horizontal line) * The invalidation level or stop loss for this situation, if the price reaches my activation level, is 62.00. I will consider that my view was wrong; therefore, I close my position on a 1% loss. *If the previous scenario is true, I will make a re-entry on a new local high, following the same concept as before. *I'm doing this because I think the upside potential is really good ( target on the end of the green arrow ), which provides a risk to reward ratio of around 4.5. That's why I have a re-entry plan; even if I'm stopped out 3 times until I can catch the real movement, the setup would still be profitable. Thanks for reading; feel free to share your view and comments on the chart.
AMEX:ARKKLong
by ThinkingAntsOk
1
ARKK: V-Shaped Recovery OTW?When taking a glance at Ark's Innovation ETF, multiple indicators are signaling a potential bottom at these prices. 1.) On the weekly logarithmic chart, ARKK touched long-term support on March 14th @ ~ $55 and quickly bounced back to its 0.618 fib level. 2.) Since November 2021, ARKK has remained in a harsh downward channel and is finally showing signs of a possible break. 3.) When observing the MACD on the weekly chart, we see that it has printed a new bottom while the price makes a higher low on a 5-year basis. Given the right conditions, this is signaling bullish divergence and could result in a face-ripping move to the upside. For all of the reasons above, I believe ARKK has the possibility of breaking its 5-month downtrend and returning to the next significant resistance fib level @ $96. NFA, just my own opinion based on personal research.
AMEX:ARKKLong
by ClargyInvesting
ARKK nearing it's last line of supportIf 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 like the last 2 times, so that is something to watch for, but I'm finding it hard to believe now, the recovery pattern just looks strange to me. However, a couple bullish indicators are that the volume has peaked since Jan and the RSI is intensely oversold.
AMEX:ARKK
by Lynxys
A False trend and how you should trade it..!Most of Cathie Wood's followers were playing in the kindergarten or elementary school playground when she underperform the market in 2008. According to Alliance Bernstein documents, she had -46.72% net return and -45.12% pure gross return in 2008..! Interestingly, Positive alpha over every annualized time period (10-year alpha: 2.4%) Cathie Wood on her way to break the record of 2008: ARKK -44.48% YTD return and -58.32% YOY return is like a punch in the face of its investors I strongly recommend reading George Soros books it will help you to make money in all types of markets..! One year ago on March 13 20211: Reference: www.alliancebernstein.com Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMEX:ARKKEducation
by Moshkelgosha
3
ARK funds - Could we see the light at the end of tunnel ? 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 overvalued and still not profitable. (Growth stocks investing in the future potential). 2) Most stocks are good picks and can be found also in funds of many other famous investors). 3) You need to believe there are some technologies which will shape future world same like do companies like APPLE, Facebook, Amazin or other giants today. Because many of todays giants are going to do bad decisions (or simply don´t pay attention) and lose their stake of market. 4) Investing in the ETF which is diversified into 30+ Stocks is some king of protection against stockpicking.Entire ARK strategy is based on statistics = some companies will be loosers, BUT some will WIN BIG. To setup some good investing strategy we should find place whereRisk:Reward ratio is best. - If you look at the chart of individual stocks in this ETF most of them are finding lower lows and creating simple / double RSI convergencies. - P/E ratios could be still high (above 20), but check history of Walmart´s or Amazon´s P/E. - Nearest support level is Pre-pandemic zone of 40-60 USD. In my opinion, we are forming last wave (v) of C corrective wave. Using Fibonachi extension of Wave A, ost probable zone for GOOD buy opportunity is around 62.9 USD (1.414 Extension). (= -16% from current level) BEST opportunity will be if the price drops to 49-40 USD zone (Maybe some sharp wick to gather stop-losses). (= - 30% from current level) Risks: - US Dollar currency index seems to form triangel on 1W Timeframe. if we reach to top line and turn around, it will mean positive outlook for speculative High growth companies and Crypto market. - World War 3 (small chance, But in that case the stock market really doesn´t matter for few years); - Very high inflation (than you really wanna be invested in something with huge growth). Recommendation: - DO YOUR HOMEWORK and check all the companies in the ARK fund which you would like to buy to be sure it rezonate with U. also check "Scottish Mortgage Investment TRUST" (Ticker:SMT) which I personally like. They came first with Tesla investment thesis and benefitted most. ;)
AMEX:ARKWLong
by Longevity_Contrarian
1
It seems ARK invest is not able to read the inflation story ..!Being on the wrong side of the equation will cost you a lot..! Cathie Wood's performance history in 2008 showed that..! I think she has a high chance to break her -48% (negative) return in 2008, after 14 years..! Why? in the first 3 months of 2022, her flagship is down 35%..! Forecast: ARK invest will not survive 2022..! Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMEX:ARKKShort
by Moshkelgosha
3
Cathie Wood’s Oil price prediction..!To all those who blindly follow someone: I warned you at least a year ago, ARK invest is nothing but a social media campaign to create bubbles..! Look at the oil 125 price , and ask yourself: What if all Cathie Wood’s prediction end the same way? I recommend to watch her CNBC interview to see she is in total denial phase..! Like a very rookie trader..! youtu.be And on last question: Is it possible that you do not know if the person who provides the seed money for your first 4 Funds is still ARK’s shareholder or not??? Wood said she had sent Hwang a note "wishing him well" after the Archegos collapse. Wood said she had no idea if Hwang had remained a shareholder in Ark ETFs.(yahoo) www.yahoo.com Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
AMEX:ARKKShort
by Moshkelgosha
6
ARKK != InnovationIf you don't want to accept the reality that Ark invest is in a downtrend, you will pay for it..! this is its weekly chart: 2 weeks ago Cathie Wood told CNBC: " People betting against us are shorting innovation" No, we do not, we bet against the social media created bubbles, We bet against your old investing style that failed in 2008 and pushed you out of business with -a 48% loss back then..! Millennials could be fooled by this Sci-Fi story you guys publish every now and then, but we did our research..! And we make money while you lose it..! Reference Link: youtu.be Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NASDAQ:SARKLong
by Moshkelgosha
3