Wats goes up will always comes down. Always to remember. Fund mgr will hv to be optimistic for liquidity for their big paycheck. All risks on investors.
Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception
Not only to reduce tax payment and I also think he believes current price is hype n overvalued.They are the market makers and retail investors are always in the losing end. Also keep this in mind.
Musk has sold 79.09% of Tesla shares promised to sell
Brace brace brace. Rebalanced ur portfolio. Interest rate movement will move stock mkt.Mr Fed has to stop printing, which is impossible. Without QE, Mr G n Mr Fed has Infra Bill printing narrative.
Wall Street closes lower as economic data raises long-term inflation threat
What really is going on with INTEL?TSMC and other chip makers are doing well leh.My assessment is technology n innovation lagging. Good showmanship but lack substance.
Intel shares sink as sales third-quarter sales miss estimates
The entire finance eco sys only makes Bank/wealthy super wealthier and the mid/low income commoner becomes poorer. Is proven.The eco sys must hv a way to trf wealth from Wealthy to mid/poor.
Politicians movie on its way. Sneak Preview. When smart ppl hv no other option liow, but to print&print. then they wld put up a show to try to tell us they are serious with the debt situation. Big BS.
Debt-ceiling fight delayed, but Yellen warns potential for 'catastrophe' remains
Is wise to start reviewing the portfolio.Better start early or will be late to do anything other than cut losses. Invest enough and keep some for tomorrow's opportunities that will never be a shortage.
She probably thinks of TESLA limited upside moving forward and divert fund to area with better potential. She may probably think competition will be challenging with LUCID new tech for automobile.
Cathie Wood’s ARK Invest Sold Tesla Stock. Bulls Shouldn’t Worry.
EV will not hv mass adoption without Mr G pump $$ bcos (1) More Expensive (2) Inconvenience (3) Safety, although is indeed shiok to drive. Liquidity will be very challenging for EV companies.