Tag: ARK Innovation ETF

The case for sinking Cathie Wood’s Ark—here’s how one ETF provider outlines the short thesis

Happy Thursday! I’ll be walking you through some of the big themes that MarketWatch is spotting in exchange-traded funds this week. Everybody was jumping on the bandwagon of star stock picker Cathie Wood and her Ark Investment suite of funds in 2020, including the flagship Ark Innovation ETF ARKK, -1.72% but the tune has changed […]

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Michael Burry of ‘The Big Short’ reveals a bet against Cathie Wood’s ARK Innovation ETF

Michael Burry attends the “The Big Short” New York premiere at Ziegfeld Theater on November 23, 2015 in New York City. Jim Spellman | WireImage | Getty Images “The Big Short” investor Michael Burry is betting against Cathie Woods’ ARK Innovation ETF, according to a regulatory filing that revealed a short position via options. Source link

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Jim Cramer says the ‘Ark Invest phenomenon’ appears to be over for now

CNBC’s Jim Cramer said Friday that Ark Invest’s stock-moving influence appears to be waning — at least for now. Ark Invest’s family of exchange-traded funds were some of the best performers on Wall Street last year, but have not fared well in 2021 as investors rotated away from high-growth stocks and into economic recovery plays. […]

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Pros are changing up their portfolios due to the unexpected decline in rates. How they’re playing it

Traders on the floor of the New York Stock Exchange. Source: NYSE Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise drop in bond yields. The 10-year Treasury yield was at 1.46% Friday, after touching 1.43% Thursday, its lowest level since March 3. Yields […]

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Cathie Wood continues to buy Coinbase amid crypto plunge

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Ark Invest’s Cathie Wood is continuing to buy shares of Coinbase amid the spiral in crypto prices. Wood — founder of Ark Invest — purchased […]

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