ARK Innovation Rebounds As Cathie Wood Stands Firm on Tech Bets; Tesla Surges

TheStreet2021-03-09

Cathie Wood stood in to defend her ARK Innovation ETF late Monday as losses continue to hit the tech-focused fund amid a broader market rotation into value stocks. ARK Innovation ETF (ARKK) shares ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jtan341
2021-03-09
Jtan341
pls help to like n comment thanks
- Tourmaline:
  Like and comment
Lucky222
2021-03-09
Lucky222
Cautious.
璇瑤
2021-03-09
璇瑤
Many ARK CATHIE Stocks...
Jjjjjj11
2021-03-09
Jjjjjj11
Listen to her on YouTube
etf29
2021-03-09
etf29
Cathy is the bomb! Tesla forever!
ProLim
2021-03-09
ProLim
Good
- ProLim:
  Didnt manage to buy
- ProLim:
  Comment

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1115541540?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-09 19:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1115541540","market":"us","top_or_hot":-1,"title":"ARK Innovation Rebounds As Cathie Wood Stands Firm on Tech Bets; Tesla Surges","media":"TheStreet","content":"<div>\n<p>Cathie Wood stood in to defend her ARK Innovation ETF late Monday as losses continue to hit the tech-focused fund amid a broader market rotation into value stocks.\nARK Innovation ETF (ARKK) shares ...</p>\n\n<a href=\"https://www.thestreet.com/investing/ark-innovation-rebounds-as-cathie-wood-stands-firm-on-tech-bets\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARK Innovation Rebounds As Cathie Wood Stands Firm on Tech Bets; Tesla Surges</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nARK Innovation Rebounds As Cathie Wood Stands Firm on Tech Bets; Tesla Surges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 19:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/ark-innovation-rebounds-as-cathie-wood-stands-firm-on-tech-bets><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood stood in to defend her ARK Innovation ETF late Monday as losses continue to hit the tech-focused fund amid a broader market rotation into value stocks.\nARK Innovation ETF (ARKK) shares ...</p>\n\n<a href=\"https://www.thestreet.com/investing/ark-innovation-rebounds-as-cathie-wood-stands-firm-on-tech-bets\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.thestreet.com/investing/ark-innovation-rebounds-as-cathie-wood-stands-firm-on-tech-bets","article_id":"1115541540","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115541540","pubTimestamp":1615290562,"sourceInfo":null,"weMediaInfo":null,"summary":"Cathie Wood stood in to defend her ARK Innovation ETF late Monday as losses continue to hit the tech","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"translate_title":"凯西·伍德坚定地押注科技，方舟创新反弹；特斯拉风起云涌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":0.9,"TSLA":0.9},"content_text":"Cathie Wood stood in to defend her ARK Innovation ETF late Monday as losses continue to hit the tech-focused fund amid a broader market rotation into value stocks.\nARK Innovation ETF (ARKK) shares rebounded sharply Tuesday star fund manager Cathie Wood stood firm in defense against the recent slump in her tech-focused holdings.\nWood told CNBC late Monday that she was becoming \"more optimistic\" about her portfolios amid the ongoing tech sell-off, which has tipped the Nasdaq Composite into correction territory and hived nearly 30% from her flagship ARK Innovation fund since its February 12 closing peak.\nA 'broadening' of the current market rally, Wood argued, will give her both a chance to add to current positions on stocks such as Tesla (TSLA) and Roku (ROKU) at lower levels while simultaneously moving into so-called pure-play stocks whose growth trajectory is more in-line with the U.S. post-pandemic recovery.\n“The bull market was broadening out to incorporate value or more cyclical sectors and I thought that was going to be very good news for our strategies longer run,\" Wood said. \"The worst thing that could have happened to us what another tech and telecom bubble where the market narrowed so that only a few groups won.\"\nArk Innovation ETF shares were marked 4.6% higher in pre-market trading Tuesday, indicating an opening bell price of $115.34 each, a move that would trim its month-to-date decline to around 25.5%.\nTesla shares jumped 5.1% in pre-market trading to $591.52 each, while Bitcoin, another key holding in the ARK portfolio, was marked 4.7% higher at just over $54,000.00.\nShort interest in the fund, however, has accelerated amid the recent surge in U.S. Treasury bond yields and the corresponding pullback in tech stocks, particularly Tesla, which has lost nearly $300 billion in market value since its early January peak amid a near 30% decline in its share price.\nData from S3 Partners indicates around $2.31 billion in currently being bet against the ARK Innovation ETF, a figure that represents around 19.76 million shares, or 10.8% of its outstanding float.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":323355498,"gmtCreate":1615304798414,"gmtModify":1704780965248,"author":{"id":"3568116810085629","authorId":"3568116810085629","name":"Jtan341","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"pls help to like n comment thanks&nbsp;","listText":"pls help to like n comment thanks&nbsp;","text":"pls help to like n comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/323355498","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3755460,"gmtCreate":1615332973055,"gmtModify":1680779761138,"authorId":3575675330726225,"author":{"id":3575675330726225,"authorId":3575675330726225,"name":"Tourmaline","avatar":"https://static.tigerbbs.com/f16bc99b5c482ec75b42f0d04b4b3155","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323355498,"type":1,"supId":0,"prevId":0,"content":"Like and comment ","text":"Like and comment ","html":"Like and comment "}],"langContent":"EN"},{"id":323980193,"gmtCreate":1615298803412,"gmtModify":1704780775781,"author":{"id":"3562242161850032","authorId":"3562242161850032","name":"Lucky222","avatar":"https://static.tigerbbs.com/b508cc2a57922485ad47a4671237db54","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Cautious.&nbsp;","listText":"Cautious.&nbsp;","text":"Cautious.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323980193","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":323934058,"gmtCreate":1615297735974,"gmtModify":1704780758419,"author":{"id":"3576793170997774","authorId":"3576793170997774","name":"璇瑤","avatar":"https://static.tigerbbs.com/6835feab4172932a5b89786a7d2beb9a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Many ARK CATHIE Stocks...&nbsp;","listText":"Many ARK CATHIE Stocks...&nbsp;","text":"Many ARK CATHIE Stocks...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323934058","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":323999616,"gmtCreate":1615296076635,"gmtModify":1704780737847,"author":{"id":"3561703675447294","authorId":"3561703675447294","name":"Jjjjjj11","avatar":"https://static.tigerbbs.com/faa25afe7744b90fb1205e06d17619bf","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Listen to her on YouTube&nbsp;","listText":"Listen to her on YouTube&nbsp;","text":"Listen to her on YouTube","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323999616","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":323905857,"gmtCreate":1615295702379,"gmtModify":1704780732151,"author":{"id":"3574245146949745","authorId":"3574245146949745","name":"etf29","avatar":"https://static.tigerbbs.com/89ded77db911ba6844fe89609bf2fd5f","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Cathy is the bomb! Tesla forever!","listText":"Cathy is the bomb! Tesla forever!","text":"Cathy is the bomb! Tesla forever!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323905857","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":323900585,"gmtCreate":1615294944747,"gmtModify":1704780723893,"author":{"id":"3572498650193459","authorId":"3572498650193459","name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/323900585","repostId":1115541540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3751947,"gmtCreate":1615294983889,"gmtModify":1680779700570,"authorId":3572498650193459,"author":{"id":3572498650193459,"authorId":3572498650193459,"name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323900585,"type":1,"supId":0,"prevId":0,"content":"Didnt manage to buy","text":"Didnt manage to buy","html":"Didnt manage to buy"},{"id":3751945,"gmtCreate":1615294977301,"gmtModify":1680779699426,"authorId":3572498650193459,"author":{"id":3572498650193459,"authorId":3572498650193459,"name":"ProLim","avatar":"https://static.tigerbbs.com/6eca4831f468b79e30513dff47109ae3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323900585,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":45,"commentSize":25,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1115541540"}