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ARKG

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.
CBOE:ARKK
by Lynxys
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. ;)
CBOE:ARKWLong
by Longevity_Contrarian
1
Be on the right side of change. Tuesday, Jan. 25 ARK sumitBe on the right side of change is a fancy title for an investment company that lost 23-25% of the value of their 4 main funds in the past 16 trading days! No need to say that these funds had lost 17-34% of their values in 2021. I think it is crucial to be on the right side of the change, otherwise...! One of my favorite Youtubers is Ozzy man, he has a series called Destination F..! It is a compilation of failures, he usually says: Someone is definitely ending up in destination F regarding their employment status over this. (being on the wrong side of the change) Market sentiment has changed a lot and those who are on the right side of the change are sitting on piles of cash or shorted the market..! Each candle shows 1 year.
CBOE:ARKKShort
by Moshkelgosha
5
The Week Ahead: XBI, ARKF, ARKG, BITO, ARKK, KWEB, IWM/RUTEarnings: TSLA (63/69). Announces on Wednesday after market close, so if you're looking to play the volatility contraction, look to put on a play in the waning hours of Wednesday's session or, if implied volatility afterglow persists, early Thursday after it has made its move. If NFLX earnings is any indication of whether TSLA will "behave," you may want to consider waiting until after the announcement to avoid a repeat of "the Netflix experience." As it is, the January 28th options are pricing in something bigly: +/- $82 or so, so 862 on the put side, 1026. Exchange-Traded Funds Screened for Rank >70%/30-Day >35%, Implied Volatility Rank Ordered: Cathie Woods' funds continue to have a really bad hair day/week/month ... . XBI (100/48) ARKF (97/59) ARKG (87/66) BITO (82/85) ARKK (82/62) KWEB (74/58) EWZ (51/40) Pictured here is a bullish assumption BITO March 18th 17 short put, paying .60 at the mid price on buying power of 16.40. The broker is still requiring it to be cash-secured, so the ROC %-age is not all that sexy: 3.7% at max (25.0% annualized) as a function of buying power effect. Because of that, I would consider slapping on a cheap put to bring in the buying power effect, but the best you can currently do is to buy the 13, making it into a four-wide paying .38, and that amount isn't particularly compelling, particularly if you're going to be taking profit at 50% max. The ROC %-age is way better (9.5% at max), but I'd rather look at a setup where the long leg costs something like .05-.10, so I may stick a pin in that trade; lower strikes may populate at some point. Broad Market Exchange-Traded Funds, Implied Volatility Rank Ordered: QQQ (77/33) IWM (77/35) SPY (73/28) DIA (72/26) EFA (65/23) In the retirement account, I'll basically continue to ladder out short put as long as IVR/IV remains elevated. This is the exact environment in which I like to make additions on the put side: weakness plus increased implied volatility. Naturally, one begets the other. I'll also be keeping an eye on net portfolio delta to see if additional short delta hedge is required to keep me from getting overly directional which can make things more uncomfortable in a protracted down turn. I point this out because what people primarily see in my feed is "short put, short put, short put" and not the short delta hedges put on that are just kind of running in the background. There is individual trade delta, but also portfolio-wide delta.
AMEX:BITO
by NaughtyPines
$ARKG - Weekly TF AnalysisThe macro count is pretty clear. We're below the 38.2% fib of the impulsive move from the covid lows, and approaching the 50% fib as well as the bottom of the channel. The weekly RSI is lower then even the covid lows of march 2020. In fact the RSI hasn't been this low since inception in 2016. As with all of ARK's ETF's these are long term plays. If you want biotech exposure, this is a great time to buy this ETF. Ask yourself, do you think the healthcare industry is likely to be more profitable over the next 5 years or less profitable? Do you think innovations in gene editing, DNA sequencing and mRNA technology is going to increase or have we peaked in this era of perpetual covid?
CBOE:ARKGLong
by ir-rizzle
Apocalypse of ARK invest, a forcast that became a reality..!Jim Simons: “Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty. On February 28th, 2021 (10 months ago) I published this article: The Social Media Trading Bubble comes to its end..! I have always said: Only time could show the accuracy of analysis..! 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 revolutions they are talking about anymore? I believe ARK noticed a company with 719k revenue ( CRSP )in the past 4 quarters couldn’t have a 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 good news for ARK invest, Tesla chart pretty much looks like CRSP ..! So be ready for that bubble burst too!( Tesla is the biggest part of the pie in most of ARK’s ETFs) Time will show us the reality of the people’s claims..! Best, Moshkelgosha 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.
CBOE:ARKGShort
by Moshkelgosha
10
$ARKG - Forget Noah, Cathies ARK will keep you afloat! Prime setup for $ARKG as we hit the midway point of Bloody September, the worst month for returns. We've already seen several pullbacks, and with quad witching coming on Sept 17, we're bound to see some volatility. I fully expect ARKG to fall a little further as the broader market bleeds, but come the quad witching hour, you'll start to see the tides shifting. Growth stocks are looking ready to launch off, and this fund which reflects not only biotech but also AI (as a lot of biotech companies stand to benefit from advancements in AI such as Googles Alpha Fold) is a prime example of the wave count that's prevalent across the board. Here we have: 1) W2 golden zone target between 80.50-76.79 (green) 2) Leg Y of W2, A = C equal legs target also matches 78.6% retracement of W2 (arrows) 3) Leg C of Y reaching its 14.6-23.6% fib targets between 76.34-75.34 (yellow) 4) Leg Y reaching its 23.6-38.2% fib targets between 77.63-75.70 (red) 5) Large volume profile node peaking around 76.30 This ETF should be in your growth portfolio, and now is the time to get your money ready. Remember, these funds have a 5 year time horizon. Ride the wave!
CBOE:ARKGLong
by ir-rizzle
1
ARKG - Narrowing TriangleI see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible. I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle. If that occurs, I will start opening position on point 3. we see 2 influential figures coming head to head. Burry & Cathie. Although Burry is more on Tesla bubble, still these kind of names have an overall impact on whole ARK etfs. Thread carefully, my thoughts on Burry`s stance is a bit low. Yes the total market is high, yes the run after covid has been very steep but if you open a short position for that long (>1 year) eventually at one point you will see a correction. So without giving a timeline, it is easy to say there will be a market crash. Every 18 - 24 months, SnP 500 does more than %15 downwards correction. That correction might be %20-25 on ARKK. This does not mean you are right. If you say in Q3 21 I expect that crash/correction, and it happens then yes you are right. Timing is the most important thing.
CBOE:ARKG
by S5_Trading_Desk
ARKG - The Fall is comingI was looking forward to today, this week, on whether we will be rejected by the downward cross resistance line or not and we got rejected. This is not good because twice rejected and twice got support confirms the narrowing wedge formation (thick blue lines converging) I draw the path I expect this etf to follow. I am in since 9 months on this ETF and my cost average is 90....Knowing where it is headed, I will not sell but start averaging down around 67-70 dollars. I routinely buy certain ETFs and ARKK I pay a bit more attention due to current trends so I skipped routine buys for the last 3 months due to fall it is heading.
CBOE:ARKG
by S5_Trading_Desk
5
The Week Ahead: ARKK, ARKG, GDXJ, MJ, XBI, XLE, X, CLF, SAVE, FHere's where the premium was at as of Friday's close: Broad Market Exchange-Traded Funds With 30-Day Implied >20%: IWM (1/23) Comments: I have quite a bit of IWM on here, but my order of preference is broad market, then sector, then single name, so am comfortable with adding if we get both weakness and a pop in volatility. IWM/RUT has been fairly rangebound, so it's worthwhile to pop open a chart and see where the bottom of the range is and where any puts you sell are relative to the range between 210 and 235. Sector Exchange-Traded Funds With 30-Day Implied > 35%: ARKK (31/45) ARKG (18/41) GDXJ (0/40) MJ (7/40) XBI (12/38) XLE (2/36) Comments: I've got ARKK, ARKG, and MJ July monthlies on, so I may look to add some GDXJ, even though its implied volatility is literally at the bottom of the 52-week range (which is still afflicted by the 2020 pandemic range, so implied volatility rank/percentile aren't all that helpful here), and it isn't exactly weak relative to where it's been. MJ and XBI are currently the most weak out of the group, so I'm personally leaning toward putting on some more XBI, having taken have a June trade last week. Single Name With 30-Day >50% That Do Not Have Earnings Before Contract Expiry: X (Steel) (9/74) CLF (Basic Materials) (18/73) SAVE (Airlines) (2/55) F (Autos) (19/55) OXY (Oil and Gas) (8/53) SABR (Airlines; Technology) (25/51) MRO (Oil and Gas) (0/50) Comments: Given the slim pickings in the broad market and exchange-traded funds space, I've made a list of options highly liquid single name to potentially play while I wait for broad market or sector volatility to return. This list isn't exhaustive, and I've culled out a ton of meme names that have juicy implied volatility but are more likely to become a headache because they're (ironically) too volatile or they're in a space where they're more likely to blow up in my face (e.g., biopharma research and development, crypto). Pictured here is an X July 16th 22 Short Put (20 delta), paying .74/contract as of Friday close, 3.48% ROC at max/27.6% annualized. As you can see, that play is somewhat close to price action of late, so I'd only put that play on if you're comfortable with potentially taking assignment at 22 and then wheeling it from there. Alternatively, opt for a setup that is consistent with any directional assumption you have as to where U.S. Steel goes from here and that takes advantage of the high implied here.
NYSE:X
by NaughtyPines
When you forget to update your trading strategies..!One of the most common problems in trading is having a single strategy! If one strategy works for a while it is very good, but you should be ready for different markets. We have at least 3 different types of markets! Bullish, Bearish, Correction. If anyone tries the very same strategy during different types of markets, the result will be disastrous! It seems ARK Invest still tries the same strategy they used in the past years. But in the past 3 months, they are more than 35% down and they keep ignoring money outflow and profit booking from their funds! look at the result: -1 PLTR 2- NASDAQ:VUZI 3- AMEX:ARKK 4- AMEX:ARKF 5- AMEX:ARKG 6- AMEX:ARKW If you find these chart following the same pattern it is because: Cathie forgot to ask Brett to update the trading algorithms! Moshkelgosha
NASDAQ:TSLA
by Moshkelgosha
1
ARKG SELL/SHORT ALREADY ACTIVE to 37.00-42.85 (Next buy entry)TICKER CODE: ARKG Company Name: ARK Genomic Revolution ETF Industry: Financial | Exchange Traded Fund | USA Position Proposed: SELL Technical Analysis 1. Falling Wedge Pattern (Potentially forming) 2. Large Head & Shoulders (Completed) 3. Fibonacci Retracement at 0.786 is CLOSE BUT NOT AT key market structure 4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole 5. Monthly chart was recently in the overbought range (will be looking for it to fall back in stable range, hence the fall) Analytical Assumption Monthly chart has not done any proper retracement to any market structure hence, we are looking for a deep pullback. This deep pullback will hit previous resistance which is now the new support Sell Exit: 80.0 Buy Entry: NOT READY (37.00-42.85) - Should be ready around August - End 2021 1st Partial Take Profit: 135.00 (July-End 2022) 2nd Partial Take Profit: 193.00 (2023) All take profit may differ accordingly depending on available data (NOT ENOUGH AT THE MOMENT) Stop Loss: 34.5 This chart will be monitored and updated on a closer date or when more data is presented.
CBOE:ARKGShort
by traderprosignals