When trying to identify turns in the market and depending on the current market conditions, there are certain issues that are ahead of the broad markets. At this time, ARK Innovation ETF (NYSE: ARKK) is one of them and is Monday's PreMarket Prep Stock of the Day.
The technology sector has taken quite a hit so far in 2022 as investors bet that rising interest rates could weigh on tech stock growth rates. Tech short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggests short sellers expect more weakness ahead for tech stocks.
Exchange-traded fund (ETF) investors generally see ETFs as safer investments over individual stocks because of their exposure to numerous stocks, sometimes spanning multiple sectors.
If you’ve taken a look at the Dow Jones, Nasdaq or S&P 500 lately, you probably didn’t see a pretty picture. They are all taking a beating and with economists fretting about a potential recession, it’s beginning to look like this bear market will continue for quite some time.
Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving truck startup TuSimple Holdings Inc (NASDAQ: TSP) on the dip, for the fifth time this week.
Cathie Wood-led Ark Investment Management on Monday scooped up more shares of TuSimple Holdings Inc (NASDAQ: TSP), its fourth buy in the self-driving truck startup this month.
Cathie Wood-led Ark Investment Management shed its remaining exposure in Walt Disney Co (NYSE: DIS) on Friday, a stock the firm first started buying in May of last year.
Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NYSE: TSP), its third straight buy in the San Diego, California-based startup this month.