Cathie Wood (Ark Invest)

[winston]

Ark ETFs cross-holding and other linkages raise concerns

by Steve Johnson

Ark Invest’s keenly awaited Space Exploration and Innovation (ARKX) exchange traded fund has already made its mark — in part by pushing up the price of its sister 3D Printing ETF (PRNT).

ARKX, which has raked in $583m since its March 30 launch in one of the fastest ETF take-offs on record, has emerged as far and away the largest shareholder in PRNT.

As of late last week, ARKX owned 5.8 per cent of PRNT, far more than the next 20 shareholders combined, raising concerns among some analysts.

Source: Financial Times

https://www.ft.com/content/1ec160f0-ce8 ... hoo/auddev

[winston]

Ark Invest’s Cathie Wood says digital wallets and genomics next big disruptors

Square is the second largest holding in Ark Innovation, representing more than 7 percent of the ETF.

ARK’s Genomics ETF has big bets on Exact Sciences, which makes up nearly 5 percent of the ETF, and Invitae. CRISPR Therapeutics is another major holding in the ETF.

Source: The Standard

https://www.thestandard.com.hk/breaking ... disruptors

[winston]

Cathie Wood's Ark buys into Coinbase, sells some Tesla stock

by Thyagaraju Adinarayan & David Randall

"What's interesting is their unwinding of some Tesla shares after their ludicrous call on Tesla," said Karim Moussalem, head of cash equity sales at Cantor Fitzgerald Europe in London.

"Selling some shares after that is a bit odd."

Longtime Tesla bull Wood said in March that its share price could hit US$3,000 by 2025, well above its current US$732 per share.

One of Wood's funds also sold a US$4.4 million stake in New York Stock Exchange owner Intercontinental Exchange, according to their daily trading summary for April 14.

Source: Reuters

https://www.theedgemarkets.com/article/ ... esla-stock

[winston]

Did ARKK Just Hit Bottom? Trading Growth Stocks in a Bear Market

BRET KENWELL

Specifically, the ETF is trying to reclaim the March low at $106.27, as well as the 50-week moving average. At this zone now, ARKK stock is at its first potential “make or break” area.

If it can’t reclaim this area, the current low at $98.89 remains vulnerable. If growth stocks remain under pressure going forward, the 21-month moving average remains in play in the $80s.

If it can reclaim the $106.27 level, then the 10-day and 200-day moving averages are in play next. Above that and the 50-day moving average will be on investors' radar.

Source: The Street

https://www.thestreet.com/investing/ark ... r%2BMarket

[winston]

Ark's Cathie Wood predicts 'serious correction' in commodities

By David Randall

She sees spiking commodity prices as a sign that businesses are double or triple ordering supplies as they try to restart their global supply lines.

"We will have a very serious correction in commodity prices" once the global economy fully reopens.

Yields for the benchmark 10-year Treasury will likely stay within a range between 1.5% and 3%, she said, while oil prices are unlikely to go above $70 per barrel.

Source: Reuters

https://finance.yahoo.com/news/arks-cat ... 02263.html

[winston]

Ark Innovation ETF: Nothing More Than Fantasy

Summary

This ETF could hurt a lot of investors.

Cash flows are strong but not strong enough to justify the high multiples.

The fund's not trading as efficient as an ETF should be with low correlation to underlying assets.

The cash flow-driven companies will be hurt with higher yields, higher premiums, and a low risk-free rate.

We don't always correlate the stock price's prospects with the underlying company/companies but we believe that this ETF has reached its peak.

Source: Seeking Alpha

https://seekingalpha.com/article/443602 ... must_reads

[winston]

ARK Invest's Cathie Wood looks past rising consumer prices to focus on deflation

by David Randall

Deflation will likely become a larger force in financial markets in the year ahead despite the recent spike in consumer prices to 13-year highs.

"The message we continue to pound the table on is that nominal GDP growth, because of these deflationary forces, will be surprisingly low," said Wood.

As a result, 10-year Treasury yields will likely stay below 3% for the foreseeable future, pushing up the broad valuation of the U.S. stock market.

"I believe the bond market is in a bubble," Wood said, adding that "too many people are afraid of inflation".

Any further rallies in oil prices will likely lead to a sharper sell-off in the future as demand withers and more consumers opt for electric vehicles, Wood said. "We would not be on the long side of oil".

ARK remains bullish on the online betting market and estimates that the U.S. market will grow from $9.5 billion to $37 billion by 2025.

Source: Reuters

https://finance.yahoo.com/news/1-ark-in ... 52774.html

[winston]

Cathie Wood: This one simple tailwind will push the bull market to 2038 — here are 3 stocks to ride it

by Jing Pan

Millennials could power the stock market rally until 2038.

Source: Yahoo Finance

https://finance.yahoo.com/news/cathie-w ... 00758.html

[winston]

7 Investing Tips From Cathie Wood

by Paulina Likos

1. Diversify into liquid stocks.
2. Seek exponential growth rates.
3. Explore opportunities in the crypto market.
4. Pursue electric vehicle investments.
5. Watch for opportunities in biotech.
6. Monitor disruption in artificial intelligence.

Source: yahoo Finance

https://finance.yahoo.com/news/7-invest ... 12898.html

[winston]

7 Investing Tips From Cathie Wood

by Paulina Likos

1. Diversify into liquid stocks.
2. Seek exponential growth rates.
3. Explore opportunities in the crypto market.
4. Pursue electric vehicle investments.
5. Watch for opportunities in biotech.
6. Monitor disruption in artificial intelligence.

Source: yahoo Finance

https://finance.yahoo.com/news/7-invest ... 12898.html