Closing (IRA): ARKK August 20th 110 Short Put... for a .38/contract debit.
Comments: In for 1.95/contract (See Post Below); out for .38 here. 1.57 ($157) profit/contract. Still have the September 102's on.
ARKK trade ideas
ARKK bullish continuation pattern emerging ?Simple concept. Watch supports to keep a positive bias towards bullish price pattern targets.
Long | ARKK | Swing TradeAMEX:ARKK
Possible Scenario: LONG
Evidence: Price Action, Symmetrical Continuation Triangle, it's ready for break out
TP1: 130$
TP1: 140$
Call options with delta 0.25 for end of the year are great.
*This is my idea and could be wrong 100%.
ARKK - An Innovation in How Not To PositionKUH KUH Woods is either the worlds worst rotational Trader or in on it.
Possibly Both.
Buying Small Cap Spec Junk with no real Liquidity only to bail on it all
at a loss... to follow it up with another rotation into Selling 3 months
later after realizing a mistake.
In between, calling for a 90% Market Correction, while being shielded in
"Disruptors" - the true believers likely found God along with Cathy while
squatting at home sipping Sangria.
This sordid mess of an ETF is a one way ticket to failure longer term.
Cathy churns more than any other Fund I've seen in decades, she must
have worked at Schwab at some point in her career or worse, Merrill.
The sheer volume of eff' up trading is astounding. Her entries are poorly
timed. She seems to be her own wrecking ball.
She managed to Buy the Highs in CoinBase, remarkable 1.5M Shares of it.
It has been cut in half nearly after selling NVDA (up 94%) in the sub 130
range to hoover up CoinBase. NVDA is fed by the USGOV's need for AI
crunching at a growing pace.
Look over her non-sensical Israeli ADR purchases... No EPS, all hemorrhaging
money, but KUH KUH Loads up... all losers. Egg Lady Fail.
This type of investing is nothing more than a Science Experiment gone wrong
in the Space/Time Continuum - one with an extended time horizon - Infinity,
forever, endless - etal.
Idiocy.
Her prior slug of Tesla declined 28.89%.
Genius investing - so she BTDs.
EDIT
SYRS
MTLS
BLI
U
IOVA
CGEN
PRLB
TREE
NVTA
CRSP
Losers. KUH KUH was butt hurt along with her herd of YOLOs in this OPM Spec positioning.
Cathy enjoys propping, a shill for Wall Street, not a disruptor at all, unless you gave her your
Capital, she has proven time and again - She is adept at losing yours.
Her real Jing comes from Fees and Churn.
She doesn't care, as long as it's moving.
Cockroaches behave in a similar fashion.
Cathy will be shown to be precisely what she is - A shill.
ARKK Trendline breakdownMaybe there is weakness in speculative / growth. US Tech 100 looks strong though. Let us see what happens tomorrow. Still think everything rises tomorrow.
Sunday Prep 8/01 - $ARKK SHORTThis name is really struggling to reclaim the 200d and now has the 20d about to cross underneath the 200d. Not to mention that this etf is compiled of a TON of names that individually would fit perfectly on this section of the Sunday Prep. Will be watching this week to see if it stuffs the 200d and then will be looking for lower highs to join trend. If it just flushes off the open Monday and loses the 50d, I may look to get involved lower. If it loses lasts week’s lows it’s in trouble.
assess risks before entering a bullish tradeTrend(OBV) uses True Strength Index to analyze "On-Balance-Volume", which measures buying and selling pressure as a cumulative indicator.
Horizontal lines and zones are supports (entry for bulls and exit for bears) and resistances (exits for bulls and entries for bears).
Diagonal lines from Fib channel/fan are for trend-determination and additional levels for active trading.
The market is actively moving so the entries and exits constantly change. Trade small if you want to practice!
ARKK of a DiverOverexposure to TSLA as well as Small Cap exposure will see ARKK shed 50% from its Highs.
Minimum.
We sold 122.88 and see 103 as our initial Target.
Swing trade opportunity in ARKKthis is a trade set up for the next 6 wks.
closing above 127 makes this obsolete!
ARK - Bring Investors along with Investment "Themes" - Eat ThemDeep Learning, Data Center Paradigm Shift, Digital Wallets, Virtual Worlds,
Bitcoin Transition, EV's, Autonomy, AeroSpace, SLA (aka 3D Printing) and
Genome Science.
To ARK's credit - Transparency is not an issue, providing relevant and
timely information to Investors is a large "Chit" in CW's corner.
To ARK's debit - Youth, relatively new to Investing has adopted the
TESLA Witch without prior knowledge of Events of the Fourth Kind.
Ignorance of previous TTIDs is no excuse for remorse.
Kathy speaks well to the DOTCOM Era rehash, she is, after all, well spoken.
And yet so were a great many during the DOTCON Era, the similarities are
astounding frankly.
She reminds me of a younger, more aggressive Jim Crammer.
Very few remember Jimmy blowing up his own Hedge Fund, instead their
timeline appears to begin an end with "Mad Money" - the Money Honey, Joey K,
etal into the Becky Q / Warren Buffet love affair.
The frenzy can be illustrated by ARKs Capital Under Management - ARK grew
50% in just shy of Six Months.
Passive/Aggressive Investors tossed loads of Capital into ARKs pond.
I've watched Kuh Kuh Cathy invest in some extremely risky Small Caps from Israel
for the purpose of simply creating a chase.
ARK is exceptional at this strategy - and why they are only too pleased to provide
timely updates to their Portfolio adjustments... They create a chase outside the fund.
"I'll just follow Kuh Kuh and buy what she buys - but on my own account, no need to pay
fees when she is guide."
Kuh Kuh's strategy of concentration worked until it did not as there is only so much Junk
one can buy, she became a primary Seller as chasers became late entries or "Disrupters"
to her Strategy.
Smaller, less liquid stocks are outsized positions in ARK's Innovation Fund as well as her
stable of Funds.
Simply put - Kuh Kuh has become the Egg Man.
ARK trapped itself, a post-DotCom Ponzi which has experienced its own disruption
as the Innovation's Fund Share price took a very large clipping.
The first rules of investing - Kuh Kuh thought she was smarter than basic math.
Investing in high-growth, over-valued, hyper sensitive Small Cap Tech has never been
a diverse strategy, it is one of concentration and immense Risk.
Market rotations only serve to compound the Price destruction.
Stable swapped for Speculative... is not management, it is Degenerate Gambling.
Kuh Kuh's Management fees are 25X competitors.
Look before you leap passive/aggressive, Kuh Kuh eats her own.
The ARKK is going to sink...and only bears will be saved!Considering JPM recently released their views of Cathies outlook, I did a deeper analysis for some bearish PTs. Seems like 88 is in the cards!
I find it's best to invert the chart. I used fibs, then fib extensions, and some MA's, plus an anchored VWAP. I think we're going to get this quick bounce to 122, then we're going to breakdown. Stop is at the 0.61 fib of this most recent bounce (which puts us around 128 as a stop).
However, this could be a bear flag (and since it's flipped....bullish!), so we'd want to get out at around 127-130.
Good Luck!
Ready to Bounce?Could be ready for a C wave in a larger flat, or a more bullish wave 3 in an impulse.
Rough water ahead for the ARKKI'm potentially bullish after the 1 week death cross, as that was an indicator previously of a rebound.. I'm not so sure that is the case this time around.
What confirmations would you look for before going bullish on ARKK?
Opening (IRA): ARKK September 17th 102 Short Put... for a 2.44/contract credit.
Comments: Laddering out a little bit in ARKK, whose 30-day's still fairly decent at 47.2%. 2.45% ROC at max. I now have two "rungs": the August 20th 110's and the September 17th 102's. Generally, will take profit on approaching worthless or take assignment if that happens, sell call against.
ARKK LongARKK touching the bottom trendline, MFI and RSI oversold on the hourly, and gap filled? My guess is a bounce tomorrow. Not trading this one though.
