Buy, Sell or Hold: Market Summary > ARK Innovation ETF (ARKK-N)

NYSEARCA:ARKK

42.14

0.27 (0.64%) 1d

Showing 1 to 13 of 13 entries

WATCH

Last year, there was a stellar year where it almost tripled. As Feds raised interest rates in 2018-19, the ETF was flat to down, even though there are good companies. Would look at it in the $60 range.

Technology

BUY

Volatility notes by Mark Sebastian, technical analyst Usually the VIX and S&P trade in opposite directions. When this pattern breaks, it signals the market is changing course. On Oct. 21, the VIX bottomed at 15 while the S&P was at 4,550. In November, the S&P continued to rally. Strangely, the VIX rallied too, a classic sign that the market was getting too hot and headed for a beat-down. A few weeks later, the S&P peaked and the VIX exploded. On the Nov. 18 peak to last week's lows, the S&P fell only 4%, while the VIX shot up 17.59 to 31, because the sell-off was concentrated in the high-growth tech Nasdaq rather than the wider S&P. In the same time period, it took only 10 days for ARKK to put a top out after the VIX bottomed on Oct. 21, then ARKK gradually sank from 4125 to $107 as the VIX rose from 16 to almost 20. is down 17% YTD. When Omicrom hit headlines on Black Friday, the VIX exploded and ARKK rolled over as the market liquidated all manner of stocks. Investor sell tech stocks, which triggers people to sell ARKK, which further depresses the stocks in that ETF. However, now ARKK is recovering as the VIX declines and calms. The VIX says this market recovery is indeed real. Today, the S&P was flat, but the VIX sank rapidly; to Sebastian this means that as long as the VIX keeps falling it will lead to the Santa Claus rally. The S&P could rise as high as 5,000. He agrees.

Technology

DON'T BUY

They are a provider of investment services in the states and have been ahead of the curve on this whole digital transformation. They had a couple of successful ETF products. There are a number of companies they held that he would be uncomfortable holding. It is a way to get a basket of the kinds of companies they hold.

Technology

COMMENT

Run by Cathie Wood, the mnost successful money manager on 2020 who invests in high-growth tech stocks. Their glaring flaw was a lack of diversification, which is why her ETF hot hammered this year when tech fell out of fashion. In May, Ark saw negative fund flows for the first time in over a year. ARKK is one Wood's largest ETFs. ARKK is down 5% YTD while the indexes are up. Her holdings like Zoom Video are considered Covid stocks. Wood, though, remains a wizard. Her small funds have performed better than the benchmarks and remains a fantastic long-term performer. But the era of Wood propping up these hyper-growth stocks with her massive inflows is over.

Technology

DON'T BUY

Anybody's guess where it's going, including Cathie Wood. She plays fast, active management. High growth, highly speculative, they-don't-make-any-money-yet type of trade. Very, very volatile. Too volatile for him. Lots of people betting against her. Make sure it's not more than 5% of your portfolio.

Technology

BUY on WEAKNESS

New technology and innovation is a good place to be for a longer term growth potential. Thematic ETFs in growth areas makes good sense. However, wait for a pullback of around 20%.

Technology

COMMENT

Loves Kathy Wood's research. There is a lot of speculation and fast money playing these names. It is speculative and will have lots of volatility. Momentum trading is doable but it is not yet a buy and forget play.

Technology

COMMENT

Large positions in small companies. Very interesting time in biotech. This fund produced unbelievable numbers in the last year. You need to look at this with a long time horizon. The fund manager's mindset impedes her ability to put new cash to work. The top 10 holdings are very similar.

Technology

BUY on WEAKNESS

Its portfolio manager has outperformed the index for a number of years. However, he hears concerns about the Ark ETFs in general is the amount of inflows of around $50 billion; as funds get bigger they have trouble exceeding return expectations. ARKK is a core strategy that he likes. Ark will continue to have new ideas for ETFs, maybe space exploration. Michael Barry (of the Big Short) is shorting these Ark funds, but long term they should return well because innovation is here to stay. But ARKK is pricey now, given holdings like Tesla. Wait for a better entry point.

Technology

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The ETF has performed well with a 101% increase this year. The strategy and the positioning is good. It will be volatile and move with the sector, but for those with a longer time frame and high risk tolerance, it is a good ETF.. Unlock Premium - Try 5i Free

Technology

WATCH

One of his top picks long-term. The disruptive nature of tech will continue to be a trend. There is a Canadian version out now through Emerge. There may be some more correction on the way, so he would wait to purchase.

Technology

PAST TOP PICK

(A Top Pick Feb 28/19, Up 11%) Disruptive ETF, actively managed. Fintech, autonomous vehicles, next generation cloud computing. More aggressive. Make it only 5-10-15% of your portfolio at the very most. 22% annualized performance over the past 5 years, which is double the performance of the S&P.

Technology

TOP PICK

This is for the more aggressive portion of the portfolio. Actively managed ETF that invest in companies that are into disruptive innovation. Fintech, robotics, 3D printing, cloud computing, genomic revolution, etc. All over the market-cap space. It is like 85% US. MER is 0.75%. It is about tomorrow's Amazons.

Technology

Showing 1 to 13 of 13 entries

Market Summary > ARK Innovation ETF(ARKK-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Market Summary > ARK Innovation ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Market Summary > ARK Innovation ETF(ARKK-N) Frequently Asked Questions

What is Market Summary > ARK Innovation ETF stock symbol?

Market Summary > ARK Innovation ETF is a American stock, trading under the symbol ARKK-N on the NYSE Arca (ARKK). It is usually referred to as AMEX:ARKK or ARKK-N

Is Market Summary > ARK Innovation ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about ARKK-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Market Summary > ARK Innovation ETF.

Is Market Summary > ARK Innovation ETF a good investment or a top pick?

Market Summary > ARK Innovation ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Market Summary > ARK Innovation ETF.

Why is Market Summary > ARK Innovation ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Market Summary > ARK Innovation ETF worth watching?

3 stock analysts on Stockchase covered Market Summary > ARK Innovation ETF In the last year. It is a trending stock that is worth watching.

What is Market Summary > ARK Innovation ETF stock price?

On 2022-05-23, Market Summary > ARK Innovation ETF (ARKK-N) stock closed at a price of $42.14.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.