I agree Oil rally is not susta

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Solo Lim
2023-01-20

I agree Oil rally is not sustainable, but wood's logicis more questionable

Ark's Wood Remains Bullish on Tesla, Says Oil Stock Rally “Defying Logic”

(Reuters) - Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will so

Ark's Wood Remains Bullish on Tesla, Says Oil Stock Rally “Defying Logic”

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The fund fell nearly 67% in 2022, leaving it among the worst performing U.S. equity funds tracked by Morningstar.</p></body></html>","collect":0,"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's Wood Remains Bullish on Tesla, Says Oil Stock Rally “Defying Logic”</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; 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}\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's Wood Remains Bullish on Tesla, Says Oil Stock Rally “Defying Logic”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-20 09:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle maker Tesla Inc    in a webinar on Thursday.</p><p>Wood, whose $6.8 billion ARK Innovation Fund    is up 15% for the year to date, was badly bruised last year by the Federal Reserve&#39;s aggressive pace of interest rate hikes that weighed heavily on the sort of technology stocks she focuses on.</p><p>Yet the rally energy stocks over the last six months despite the roughly 30% decline in the price of oil suggests that the market is now over-valuing value stocks, she said.</p><p>&#34;The market is defying logic from our point of view,&#34; she said.</p><p>The widely-owned Energy Select Sector SPDR Fund   , which tracks the shares of energy companies, rose 1.2% Thursday and is up nearly 40% over the last 12 months.</p><p>Tesla, meanwhile, will continue to take market share as global oil demand falls by 30% or more over the next five years, Wood estimated.</p><p>The company&#39;s recent moves to lower its prices will likely continue &#34;aggressively&#34; and put pressure on other automakers to match them, hurting its competitors &#34;significantly,&#34; she said.</p><p>&#34;We are as bullish about Tesla as we have ever been,&#34; she said.</p><p>Wood&#39;s ARK Innovation fund fell 3.2% on Thursday while the benchmark S&amp;P 500 fell nearly 0.8%. The fund fell nearly 67% in 2022, leaving it among the worst performing U.S. equity funds tracked by Morningstar.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","ARKK":"ARK Innovation ETF","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","TSLA":"特斯拉","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2063271972.USD":"富兰克林创新领域基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","ARKF":"ARK Fintech Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2304760126","content_text":"(Reuters) - Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle maker Tesla Inc    in a webinar on Thursday.Wood, whose $6.8 billion ARK Innovation Fund    is up 15% for the year to date, was badly bruised last year by the Federal Reserve's aggressive pace of interest rate hikes that weighed heavily on the sort of technology stocks she focuses on.Yet the rally energy stocks over the last six months despite the roughly 30% decline in the price of oil suggests that the market is now over-valuing value stocks, she said.\"The market is defying logic from our point of view,\" she said.The widely-owned Energy Select Sector SPDR Fund   , which tracks the shares of energy companies, rose 1.2% Thursday and is up nearly 40% over the last 12 months.Tesla, meanwhile, will continue to take market share as global oil demand falls by 30% or more over the next five years, Wood estimated.The company's recent moves to lower its prices will likely continue \"aggressively\" and put pressure on other automakers to match them, hurting its competitors \"significantly,\" she said.\"We are as bullish about Tesla as we have ever been,\" she said.Wood's ARK Innovation fund fell 3.2% on Thursday while the benchmark S&P 500 fell nearly 0.8%. The fund fell nearly 67% in 2022, leaving it among the worst performing U.S. equity funds tracked by Morningstar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":63,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}