The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets.
Read: Opinion: When is it safe to start buying stocks again? We’re not there yet, but these are the six signs to look for “Genomic sequencing, adaptive robotics, energy storage, AI, and blockchain technology are realities, their stocks seemingly in deep value territory,” she tweeted,Still, ARK’s stock-market bets on disruptive innovation have tanked this year, even as the founder maintains that fundamentals, for the most part, have “not deteriorated.”
Despite Wood’s conviction, investors seem to he heading for the hills, leaving the market in a state of disarray, with fears that the carnage being wrought in the Nasdaq, S&P 500 and Dow Jones Industrial Average DJIA, -1.02% may still be too early to safely sift through for buying opportunities.
Deep in denial - her arrogance is breathtaking
They certainly are in “deep” something. Not value tho
WTF is 'Deep value territory'?
Thank god it is down. I hope it stays that way. She is the biggest thug of wall street.
Deep value territory, if you don't hold CathieDWood's stocks. Deep sh*t territory, if you do.
When I’m wrong I just resign, Remember those magic eight balls it was gonna be more right than all of your guesses , Right stocks wrong time entering and exiting strategy is just as important it’s not just picking the right ones
Copium
Honest question...why does she get so much press? Her funds/returns tend to be extremely volatile. Plenty of more consistent funds and fund managers with better track records
Name someone as popular as Cathie Woods but equally as bad at their job.
Lol cuz those mofos need to 4x now to get back to the highs