2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek

54
8
Favorite

2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek

Markets Insider2022-01-18

Investors shouldn't buy the dip in disruptive innovation stocks, according to DataTrek Research.The steep decline in speculative tech names is akin to the meltdown after the dot-com bubble in the ...

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.

Report

Comment（8）

daz888888888
·2022-01-18
Share my article
Reply
Like
Report
Chrisboon
·2022-01-18
Ok
Reply
Like
Report
jerryang17
·2022-01-18
Really?
Reply
Like
Report
oklebs
·2022-01-18
Agree
Reply
Like
Report
Andersun
·2022-01-18
hm
Reply
Like
Report
小虎一只
·2022-01-18
K
Reply
1
Report
DarkFate
·2022-01-18
Like
Reply
6
Report
J1000
·2022-01-18
K
Reply
5
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1156817180?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-18 17:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1156817180","market":"us","top_or_hot":-1,"title":"2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek","media":"Markets Insider","content":"<div>\n<p>Investors shouldn't buy the dip in disruptive innovation stocks, according to DataTrek Research.The steep decline in speculative tech names is akin to the meltdown after the dot-com bubble in the ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/stock-market-outlook-dont-buy-the-dip-ark-stocks-datatrek-2022-1\">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>2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek</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\">\n2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-18 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/stock-market-outlook-dont-buy-the-dip-ark-stocks-datatrek-2022-1><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors shouldn't buy the dip in disruptive innovation stocks, according to DataTrek Research.The steep decline in speculative tech names is akin to the meltdown after the dot-com bubble in the ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/stock-market-outlook-dont-buy-the-dip-ark-stocks-datatrek-2022-1\">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":"ARKK","symbol_name":"ARK Innovation ETF","start_time":0,"source_url":"https://markets.businessinsider.com/news/stocks/stock-market-outlook-dont-buy-the-dip-ark-stocks-datatrek-2022-1","article_id":"1156817180","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156817180","pubTimestamp":1642496488,"sourceInfo":null,"weMediaInfo":null,"summary":"Investors shouldn't buy the dip in disruptive innovation stocks, according to DataTrek Research.The ","collect":0,"end_time":0,"defaultTopTitle":"businessinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKK":"ARK Innovation ETF"},"translate_title":"根据DataTrek的数据，为什么现在不是购买Ark Invest支持的暴跌创新股的时候","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":0.9},"content_text":"Investors shouldn't buy the dip in disruptive innovation stocks, according to DataTrek Research.The steep decline in speculative tech names is akin to the meltdown after the dot-com bubble in the 2000s.\"We don't think we are in a market that is ready to cycle back into speculative tech,\" DataTrek said.Spencer Platt/Getty ImagesThe steep decline in speculative stocks championed by Ark Invest's Cathie Wood doesn't yet represent an opportunity for investors to buy the dip, according to a Friday note from DataTrek Research.Ark Invest's flagship fund has fallen 50% from its record high, with some of its top holdings like Teladoc and Zoom Video down 74% and 64%, respectively. The decline has led to Ark's fund losing $14 billion in assets under management, while the Short ARK ETF has seen a surge in both performance and assets.The carnage in disruptive innovation, clean energy, and Chinese tech stocks might remind some investors of the unwind of the 2000 dot-com bubble, in which the Nasdaq ultimately plummeted 80% from its record, the note said. But despite the destruction in smaller tech names, the broader Nasdaq 100 index is still down less than 10% from its recent high.\"Regardless of how rough markets get in 2022, we do not expect the NASDAQ to melt down the way it did in 2000 to 2002. The companies in the index are an order of magnitude better than what we had on offer in the 1990s,\" DataTrek Research co-founder Nicholas Colas explained.Still, that doesn't mean investors should rush to buy the new lows made in beaten-down tech stocks. He listed two big reasons:\"First, we never recommend [buying] 52-week lows. Better to wait for prices to stabilize,\" Colas said. The iShares Clean Energy ETF and ARK's Disruptive Innovation ETF both traded to new 52-week lows on Friday.\"Second, we don't think we are in a market that is ready to cycle back into speculative tech names. The narrative has changed to old-school cyclicals,\" he added.That shift has occurred thanks to a more hawkish Fed that is keen on raising interest rates and reducing its balance sheet to tame inflation. Such a monetary recipe hasn't historically been rewarding for barely profitable speculative growth companies.\"Bottom line: while we love disruptive innovation, we also believe in respecting price action. And, at the moment, respect trumps love by a wide margin,\" Colas concluded.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9004354979,"gmtCreate":1642516037812,"gmtModify":1676533717609,"author":{"id":"4088639346266630","authorId":"4088639346266630","authorIdStr":"4088639346266630","name":"daz888888888","avatar":"https://community-static.tradeup.com/news/8bbe8cd95504dc1e0dd3af78504d3f7e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":0,"idStr":"4088639346266630"},"htmlText":"Share my article","listText":"Share my article","text":"Share my article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004354979","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004395722,"gmtCreate":1642500157801,"gmtModify":1676533715870,"author":{"id":"3572328638468429","authorId":"3572328638468429","authorIdStr":"3572328638468429","name":"Chrisboon","avatar":"https://static.tigerbbs.com/9581aab52b22d38a7ada3951c7ce5779","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3572328638468429"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004395722","repostId":1156817180,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004392170,"gmtCreate":1642499490841,"gmtModify":1676533715818,"author":{"id":"4092410761566010","authorId":"4092410761566010","authorIdStr":"4092410761566010","name":"jerryang17","avatar":"https://static.tigerbbs.com/1eb61373cf0be973dd9dc7f072c54352","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4092410761566010"},"htmlText":"Really?&nbsp;","listText":"Really?&nbsp;","text":"Really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004392170","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004399440,"gmtCreate":1642498363424,"gmtModify":1676533715701,"author":{"id":"4091783136376870","authorId":"4091783136376870","authorIdStr":"4091783136376870","name":"oklebs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4091783136376870"},"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004399440","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004399536,"gmtCreate":1642498298842,"gmtModify":1676533715701,"author":{"id":"4093485445879440","authorId":"4093485445879440","authorIdStr":"4093485445879440","name":"Andersun","avatar":"https://static.tigerbbs.com/74729d318355ddcc28103cafe6b6d677","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4093485445879440"},"htmlText":"hm","listText":"hm","text":"hm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004399536","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004390549,"gmtCreate":1642498058628,"gmtModify":1676533715675,"author":{"id":"3581981992184294","authorId":"3581981992184294","authorIdStr":"3581981992184294","name":"小虎一只","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581981992184294"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004390549","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004308575,"gmtCreate":1642496947213,"gmtModify":1676533715477,"author":{"id":"4097476142152970","authorId":"4097476142152970","authorIdStr":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"4097476142152970"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004308575","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9004301499,"gmtCreate":1642496610077,"gmtModify":1676533715477,"author":{"id":"3563859164285775","authorId":"3563859164285775","authorIdStr":"3563859164285775","name":"J1000","avatar":"https://community-static.tradeup.com/news/b8ecd9c9f9155b597bf186803ea57192","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3563859164285775"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004301499","repostId":1156817180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":54,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}