After 9 months, ARKK primary trend is now UP!
$ARK Innovation ETF(ARKK)$ - Proxy for high growth stocksAfter approximately 9 months, primary trend is now UP?
ARKK ETF's top 10 holding are
$Tesla Motors(TSLA)$ ,$Zoom(ZM)$ ,$Roku Inc(ROKU)$ ,$Block(SQ)$ ,$CRISPR Therapeutics AG(CRSP)$ ,$Exact Sciences(EXAS)$ ,$UiPath(PATH)$ ,$Intellia Therapeutics(NTLA)$ ,$Teladoc Health Inc.(TDOC)$ ,$Beam Therapeutics, Inc.(BEAM)$ .
$Tesla Motors(TSLA)$ earnings grows revenue 42% in Q2
$Zoom(ZM)$ ‘ Earnings are due at the end of August and the same stagnating trend is expected with Q2 predictions of$1.12 billion in revenue, up 9.28% from a year ago.
$Roku Inc(ROKU)$ missed estimates for both revenue and earnings. Moreover, Roku lowered its guidance for Q3 with a massive 22% cut.
$CRISPR Therapeutics AG(CRSP)$ reported ($2.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.91) by ($0.41).
$Exact Sciences(EXAS)$ on Tuesday reported a loss of $166.1 million in its second quarter.
$Teladoc Health Inc.(TDOC)$ posted adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $46.7 million, down from $66.8 million a year before, while analysts were expecting $45.3 million.
Block is scheduled to announce Q2 earnings results on August 4th, after market close,The consensus EPS Estimate is $0.16(-75.7% Y/Y) and the consensus Revenue Estimate is $4.33B (-7.4% Y/Y).
Some other observer:
$ARKK huge spike in PUT volumes today (8/3). PUT/CALL ratio at 2.2, Seems not a high ratio yet.
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.
- jeffry09·2022-08-05Thanks for your sharing.Like.I don't want to buy ROKU.4Report
- Hktee·2022-08-05Like and comment :)2Report
- XantheJuliana·2022-08-05ZM has a good performance.5Report
- HRHJMM·2022-08-05No other way from rock bottom.1Report
- JC888·2022-08-05Will it take another 9 months for ARK funds to break even is it? No telling ya?4Report
- YeddaJohnson·2022-08-05ARKK has a great potential.4Report
- YvetteGunther·2022-08-05I think ARKK is worth buying now.2Report
- 88wlam88·2022-08-04At last, the time has come ?2Report
- Kelvin9899·2022-08-05好的1Report
- koolgal·2022-08-06Thanks for sharing your insights and knowledgeLikeReport
- YJ13·2022-11-19goodLikeReport
- CSNeo·2022-08-07[害羞]LikeReport
- CSNeo·2022-08-07[财迷]1Report
- Jasonxy·2022-08-06Nice!LikeReport
- elroykoh·2022-08-06kLikeReport
- Xiannnn·2022-08-06AwwLikeReport
- Eeeche·2022-08-06Nice1Report
- Trax·2022-08-06YeahLikeReport
- Limyuan·2022-08-06..LikeReport
- Eos168·2022-08-06[Cool]1Report