Arrk
ARKK - Cathy WoodNew Age Millie Guru failure.
The relief rally is quite weak.
Cathy now maintains the Fed will reverse course...
_______________________________________________
She has been DAW for months on end.
Adios ARKK.
ARKK looking weak ARKK is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation.
As you know, making massive gains from investing is easier said than done.
Like so many of our readers, you see the “investment experts” talking about their huge wins and successes…
You see the “legendary” stock picks that got 1000% returns in one day, and “The One Device” that’s going to “change everything.”
So, like some of our readers, you may have paid for those products…
And then you may have received something that doesn’t fulfill the promises they made to you...
Every investor in the world loses money sometimes. No matter how famous. No matter how successful…
And if someone isn’t transparent with you about their losses, they’re basically not helping you learn from their mistakes.
So if an “expert” isn’t willing to show you their losses… and therefore protect you from making the same mistakes they did… how and why are they going to help you?
It’s common sense. We believe you should demand transparency when it comes to something as important as your investments.
We believe in a free exchange of ideas for investing, trading, income, asset ownership, and wealth preservation.
Our publication was created to help the average investor identify the best opportunities for building wealth. We provide information and ideas about investing, asset ownership and wealth preservation so you can make smart decisions with your money.
Everyday, our teams curates the most relevant and timely investing information...
ARKK holding supportARKK seems to be holding support as sellers seem to slow down.
So it seems to start accumulating and consolidating.
Nasdaq - Is it finally correcting?The minor support line which has seen the meteoric rise of the nasdaq since 2020, appears to be close to being broken.
The next major support line is some 39% lower than the current nasdaq price.
Will it reach this level, possibly not. However owners of stocks in the nasdaq should be wary that this drop could be possible and therefore I would not buy at this level and would consider reducing my position.
What is the pricing in factor?Pricing In
Human behaviour, specifically greed and impatience are some of the main reasons the markets move the way they do. The term pricing in is the definition and illustration of human impatience. Due to the fear of missing out, impatience, and greed, humans natural instinct after hearing a rumour without any solid information to back it is the buy into it.
Brexit has been causing a lot of this recently with rumours of a possible Brexit solution which causes investors to “price in” based on the rumours.
Interest rate cuts are another example where they begin to get priced in based on the rumours.
Buy the rumour, sell the news. A sentence commonly seen in the trading world. Let's imagine we have interest rate data expected to be released at 2%. The current rate is 3%. This data is seen as negative as the interest rate is dropping so many people can begin to factor that information in days prior to the release of the news. This is demonstrated by a drop in the price of the currency much earlier than the actual release. Once the data is released, it comes out at 2%, and you may notice the price does not move much. This is due to the fact that the price has dropped and been factored in prior. However, let's imagine the data released at 1.5% which is worse than expected, you can expect the value to decrease majorly. On the other hand if the data was released at 2.5%, even though the interest rate still fell from 3 to 2.5%, it is still expected to see an increase in value of the currency due to the data being greater than the expected result. In other words, when data release is unexpected, you should expect great volatility in the markets.
In the markets, it is important to always watch for the unexpected at all times. Data may be predicted to be very positive or very negative and once released it can be the total opposite. Don't get caught up in trading news as it is not suggested, however learn how to use the fundamentals to your advantage and imply them into your technical analysis.
MULN undervalued EV play on Support levelMULN, Mullen and ARRK, a Leading German Automotive Engineering Company, yesterday Announced a Partnership for Upcoming Mullen FIVE EV Crossover!
ARRK is a leading automotive engineering company, working with some of the most well-respected automotive manufacturers, such as BMW, VW brands and Mercedes-Benz.
ARRK will be supporting Mullen Automotive in Computer Aided Engineering (CAE), body in white, battery, closures, interior, chassis, thermal, and infotainment engineering.
52 Week Range 5.45 - 19.15
Market Cap 129.909Mil
Looks like a steal to me!
My price targets short to medium term are $9.5 and $13.2.
ES - Channel Surfing 2hr - NQ YM RTY SOXS TQQQ TLT ZN ZB ARKKFriday's WRR was symptomatic of how the Order Book and Market @ depth can be
rung like a Bell - Every stop was smoked.
We held 493s @ 12 after peeling off the same ahead of Thursday. A solid and comfortable
buffer of 8 Handles giving us a 501 B/E - Stop was 96, the reaction level and prior PO.
Wrecked in minutes, All positions took the poker, hot.
NQ was the leader into Thursday close, making a lower low on the Hourly, while finishing
Friday @ new ATHs. The only trade taken in NQ was the initial higher high @ 428 to 390 on
80 MNQ scaled in from 426. This Sell became the fuel for the next stop run higher. Retail
Traders entered and reentered the Sell all day only to be crushed under the Futures bid.
The Semis bid took SOXS to new lows, ending our position on Stop - our largest loser in
17 months.
TQQQ stopped .38 below entry. TLT ZN ZB closed @ 0.12%+ ARKK Stopped at ~ Entry and on
and on it goes... stop stop stop run. 1st losing day in 17 days and a large loss on SMH's.
______________________________________________________________________________
ES Chart illustrates the higher targets - and lower 4441/4444 Support - 80 Handle range.
What it does not show is the following - Market on Close orders were followed on in
Globex - the Sell imbalances... were immense.
Perhaps those in the know, knew the Drone Strike retaliation was on Deck.
It is clear we are in a Large topping process, with stop run after stop run the tool in trade.
Where this terminates now is a WAG.
The very moment everything lines up in a large SELL, the rescue operation doubles down
and makes New ATHs on expanding divergences.
Frustrating in the extreme as it requires very large drawdowns, unacceptable drawdowns
on Capital.
Hedging DEC SELLs with SEP Bids Intra-Day has worked, although the Risks in continuing this
balance is so extreme, we are going to remain in CASH with an extreme negative position
structure.
