Carter Worth And Mike Khouw’s XBI Trade
On CNBC's "Options Action," Carter Worth of Cornerstone Macro said SPDR S&P Biotech ETF (NYSE: XBI) has a bounce potential, having sold off to support.
SPY Forms Classic Rectangle Pattern: What’s Next?
The SPDR S&P 500 ETF Trust (NYSE: SPY) has formed a classic rectangle pattern on its chart. This type of pattern illustrates a period of sideways trading or consolidation.
Cathie Wood’s Ark Trims Tesla Stake 2nd Day In A Row, Sells $117M In Elon Musk Company
Cathie Wood-led Ark Invest on Thursday shed 3.4% of its position in Tesla Inc (NASDAQ: TSLA), the second straight sell as shares of the Elon Musk-led company stayed steady after climbing in the past week.
Invesco Files For A Bitcoin Strategy ETF That Will Not ‘Directly Invest’ In BTC
What Happened: American asset manager Invesco Ltd. (NYSE: IVZ) has filed with the U.S. Securities and Exchange Commission for a new exchange-traded product titled “Invesco Bitcoin Strategy ETF.”
As Zymergen Crashes 76%, Cathie Wood Piles Up $2.5M Worth Of Shares
A bullish Ark Invest on Wednesday more than doubled its stake in Zymergen Inc (NASDAQ: ZY) after it plummeted due to the company’s “immaterial” revenue warning.
Jamie Dimon Doesn’t Give A Sh*t About Bitcoin But JPMorgan Is Now Pitching An In-House Bitcoin Fund To Wealthy Clients
A private Bitcoin (CRYPTO: BTC) fund is now reportedly in the works at JPMorgan Chase & Co (NYSE: JPM) even though its CEO Jamie Dimon has been less than enthusiast
Cathie Wood’s Ark Invest Sells Another $5.7M In Tesla
Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-led Tesla Inc (NASDAQ: TSLA) as the shares of the electric vehicle company climbed.
Grayscale Hires Global Head Of ETFs, Says It Is 100% Committed To Converting Its Largest Bitcoin Fund
Grayscale Investments plans to convert its largest fund – the Grayscale Bitcoin Trust (OTCMKTS: GBTC) – to a Bitcoin (CRYPTO: BTC) exchange-traded fund, despite the unfavorable odds prevailing in the market.
Is It Time To Buy The Alternative Harvest Cannabis ETF MJ?
In financial markets, there are certain price levels that are more important than others. And the ETFMG Alternative Harvest ETF (NYSE: MJ) is getting close to one. If it reaches it, it could be a good time to buy it.
Cathie Wood Sheds $14.5M In Snapchat Parent, And Piles Up On Etsy, Robinhood
Cathie Wood-led Ark Invest on Tuesday shed nearly 12.6% of its stake in Snap Inc (NYSE: SNAP), continuing the investment firm’s months-long selling spree in the Snapchat parent.