the market seems to be dancing through my positions perfectly:
ARKK: Up so far, while NASDAQ, etc down
ETH: Gets rekt post merge
OIL: Falling off a cliff again
USD: 0% UNCH
ARKK: Up so far, while NASDAQ, etc down
ETH: Gets rekt post merge
OIL: Falling off a cliff again
USD: 0% UNCH
Follow
@harblinger what was your thesis on arkk thought they'd had a mare recently
@skells and what do you mean, 'had a mare' not sure if typo or I just can't figure it out
@harblinger British slang, either short for "have a nightmare" or literally "give birth to a female horse"
never been able to figure out which
@skells makes sense now!
Here's today, ARKK (orange) vs NQ, and a longer term chart
I'm just a little boggled by the correlation breakage, normally highly correlated
I read that C.Wood has been doing some major adjustments to their holdings, so that might have something to do with it, and maybe I should find something else. Research time....
Here's today, ARKK (orange) vs NQ, and a longer term chart
I'm just a little boggled by the correlation breakage, normally highly correlated
I read that C.Wood has been doing some major adjustments to their holdings, so that might have something to do with it, and maybe I should find something else. Research time....
I saw the correlation with broad market, but seemed to have more realized volatility compared, ARKK seems to hold lots of risky bets in an overexuberant market heading into a rising rate environment ...seemed like an okay "dont fight the Fed bet"
I think everything is still overpriced, but I thought that in 2017, so :shrug: