Ark ftw_老虎社区_美港股上老虎

ksm
2021-02-24

Ark ftw

Analysis: High-flying ARK ETF falters, sparks fear of ripple effect

NEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially pa

Analysis: High-flying ARK ETF falters, sparks fear of ripple effect

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":363762202,"tweetId":"363762202","gmtCreate":1614173987606,"gmtModify":1634550879741,"author":{"id":3571328950164704,"idStr":"3571328950164704","authorId":3571328950164704,"authorIdStr":"3571328950164704","name":"ksm","avatar":"https://static.tigerbbs.com/94091f63e4d8e2f85f93bb866dcd8d6f","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Ark ftw</body></html>","htmlText":"<html><head></head><body>Ark ftw</body></html>","text":"Ark ftw","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/363762202","repostId":2113571693,"repostType":2,"repost":{"id":"2113571693","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614151330,"share":"https://www.laohu8.com/m/news/2113571693?lang=&edition=full","pubTime":"2021-02-24 15:22","market":"us","language":"en","title":"Analysis: High-flying ARK ETF falters, sparks fear of ripple effect","url":"https://stock-news.laohu8.com/highlight/detail?id=2113571693","media":"Reuters","summary":"NEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially pa","content":"NEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially painful for ARK Invest’s Cathie Wood, the top stock picker of 2020.\nThe $26.6 billion ARK Innovation ETF, which analysts say is beloved by retail investors, is down nearly 11% over the last week, nearly 10 times the slide in the benchmark S&amp;P 500, as companies in its portfolio, like Tesla Inc, have stumbled. The fund has large positions in so-called momentum stocks, which tend to attract investors based on thematic trends rather than fundamentals or valuation.\n“It’s a reminder for some investors that ETFs that can go up more than 100% in a year can come down just as hard,” said Jimmy Lee, chief executive officer of Wealth Consulting Group, who has invested in the fund for some clients of his Las Vegas-based firm.\nARK’s Innovation fund successfully rode a wave of momentum investing during the pandemic, posting gains of 144% and attracting $14.84 billion in inflows over the past 12 months, according to Lipper data. It was the top performer among all actively managed U.S. equity funds, according to Morningstar.\nStill, headwinds are growing for some of the fund’s holdings. Benchmark 10-year Treasury yields are near 1-year highs as investors increasingly position for faster U.S. growth, putting pressure on momentum stocks through higher interest rates.\nWood, who is CEO and chief investment officer, seemed to suggest this could prove to be an obstacle in a Feb. 17 interview on CNBC.\n“If rates were to take a sharp turn up, then we would see a valuation reset and our portfolios would be prime candidates for that valuation reset of course,” she said.\nStill, Wood added to positions in Tesla on Tuesday, according to a Bloomberg interview.\nWood founded the firm in 2014 to focus on innovative companies after working as chief investment officer of thematic portfolios at AllianceBernstein and a co-manager of global portfolios at Tupelo Capital Management. The firm shot to prominence over the last year due to its performance and inflows.\nSome investors, however, worry that the fund’s inflated size may help accelerate a broader market sell-off.\nA rash of formerly high-flying bets turning sour could accelerate a negative feedback loop in the fund’s holdings, given its large positions and widespread popularity, Peter Garnry, head of equity strategy at Saxo Bank, said in a recent research note.\nThe fund may also be sensitive to declines in cryptocurrencies such as bitcoin despite having no direct link, “indicating vaguely that they do respond to the same risk drivers and thus might be owned by the same investors,” he said.\nBitcoin tumbled nearly 14% on Tuesday and is down nearly 20% from the record high it hit Sunday. The ARK Innovation fund fell 3.3% on Tuesday, outpacing the 0.5% decline in the Nasdaq Composite index.\nWood was unavailable to comment to Reuters.\nVOLATILITY BETS\nSome increased buying of protective options contracts could reflect the fund’s nearly 26% rally for the year through Feb. 12 as investors sought to hedge their gains, said Christopher Jacobson, an derivatives strategist at Susquehanna Financial Group.\nAt the same time, Jacobson said that some investors may be positioning for a decline in momentum stocks favored by retail investors.\nTodd Rosenbluth, head of ETF and mutual fund research at CFRA, said ARK Innovation’s status as an actively managed fund lessens any market-wide impact from redemptions.\n“There is risk that some of the money that flooded in early in 2021 based on triple-digit gains in 2020 will be short-lived. However, we think ARK can manage its cash flow and use the liquidity of some of its large-cap positions to mitigate the impact,” he said.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysis: High-flying ARK ETF falters, sparks fear of ripple effect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysis: High-flying ARK ETF falters, sparks fear of ripple effect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2021-02-24 15:22\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nNEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially painful for ARK Invest’s Cathie Wood, the top stock picker of 2020.\nThe $26.6 billion ARK Innovation ETF, which analysts say is beloved by retail investors, is down nearly 11% over the last week, nearly 10 times the slide in the benchmark S&amp;P 500, as companies in its portfolio, like Tesla Inc, have stumbled. The fund has large positions in so-called momentum stocks, which tend to attract investors based on thematic trends rather than fundamentals or valuation.\n“It’s a reminder for some investors that ETFs that can go up more than 100% in a year can come down just as hard,” said Jimmy Lee, chief executive officer of Wealth Consulting Group, who has invested in the fund for some clients of his Las Vegas-based firm.\nARK’s Innovation fund successfully rode a wave of momentum investing during the pandemic, posting gains of 144% and attracting $14.84 billion in inflows over the past 12 months, according to Lipper data. It was the top performer among all actively managed U.S. equity funds, according to Morningstar.\nStill, headwinds are growing for some of the fund’s holdings. Benchmark 10-year Treasury yields are near 1-year highs as investors increasingly position for faster U.S. growth, putting pressure on momentum stocks through higher interest rates.\nWood, who is CEO and chief investment officer, seemed to suggest this could prove to be an obstacle in a Feb. 17 interview on CNBC.\n“If rates were to take a sharp turn up, then we would see a valuation reset and our portfolios would be prime candidates for that valuation reset of course,” she said.\nStill, Wood added to positions in Tesla on Tuesday, according to a Bloomberg interview.\nWood founded the firm in 2014 to focus on innovative companies after working as chief investment officer of thematic portfolios at AllianceBernstein and a co-manager of global portfolios at Tupelo Capital Management. The firm shot to prominence over the last year due to its performance and inflows.\nSome investors, however, worry that the fund’s inflated size may help accelerate a broader market sell-off.\nA rash of formerly high-flying bets turning sour could accelerate a negative feedback loop in the fund’s holdings, given its large positions and widespread popularity, Peter Garnry, head of equity strategy at Saxo Bank, said in a recent research note.\nThe fund may also be sensitive to declines in cryptocurrencies such as bitcoin despite having no direct link, “indicating vaguely that they do respond to the same risk drivers and thus might be owned by the same investors,” he said.\nBitcoin tumbled nearly 14% on Tuesday and is down nearly 20% from the record high it hit Sunday. The ARK Innovation fund fell 3.3% on Tuesday, outpacing the 0.5% decline in the Nasdaq Composite index.\nWood was unavailable to comment to Reuters.\nVOLATILITY BETS\nSome increased buying of protective options contracts could reflect the fund’s nearly 26% rally for the year through Feb. 12 as investors sought to hedge their gains, said Christopher Jacobson, an derivatives strategist at Susquehanna Financial Group.\nAt the same time, Jacobson said that some investors may be positioning for a decline in momentum stocks favored by retail investors.\nTodd Rosenbluth, head of ETF and mutual fund research at CFRA, said ARK Innovation’s status as an actively managed fund lessens any market-wide impact from redemptions.\n“There is risk that some of the money that flooded in early in 2021 based on triple-digit gains in 2020 will be short-lived. However, we think ARK can manage its cash flow and use the liquidity of some of its large-cap positions to mitigate the impact,” he said.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKR":"Ark Restaurants Corp","ARKK":"ARK Innovation ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKG":"ARK Genomic Revolution ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113571693","content_text":"NEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially painful for ARK Invest’s Cathie Wood, the top stock picker of 2020.\nThe $26.6 billion ARK Innovation ETF, which analysts say is beloved by retail investors, is down nearly 11% over the last week, nearly 10 times the slide in the benchmark S&P 500, as companies in its portfolio, like Tesla Inc, have stumbled. The fund has large positions in so-called momentum stocks, which tend to attract investors based on thematic trends rather than fundamentals or valuation.\n“It’s a reminder for some investors that ETFs that can go up more than 100% in a year can come down just as hard,” said Jimmy Lee, chief executive officer of Wealth Consulting Group, who has invested in the fund for some clients of his Las Vegas-based firm.\nARK’s Innovation fund successfully rode a wave of momentum investing during the pandemic, posting gains of 144% and attracting $14.84 billion in inflows over the past 12 months, according to Lipper data. It was the top performer among all actively managed U.S. equity funds, according to Morningstar.\nStill, headwinds are growing for some of the fund’s holdings. Benchmark 10-year Treasury yields are near 1-year highs as investors increasingly position for faster U.S. growth, putting pressure on momentum stocks through higher interest rates.\nWood, who is CEO and chief investment officer, seemed to suggest this could prove to be an obstacle in a Feb. 17 interview on CNBC.\n“If rates were to take a sharp turn up, then we would see a valuation reset and our portfolios would be prime candidates for that valuation reset of course,” she said.\nStill, Wood added to positions in Tesla on Tuesday, according to a Bloomberg interview.\nWood founded the firm in 2014 to focus on innovative companies after working as chief investment officer of thematic portfolios at AllianceBernstein and a co-manager of global portfolios at Tupelo Capital Management. The firm shot to prominence over the last year due to its performance and inflows.\nSome investors, however, worry that the fund’s inflated size may help accelerate a broader market sell-off.\nA rash of formerly high-flying bets turning sour could accelerate a negative feedback loop in the fund’s holdings, given its large positions and widespread popularity, Peter Garnry, head of equity strategy at Saxo Bank, said in a recent research note.\nThe fund may also be sensitive to declines in cryptocurrencies such as bitcoin despite having no direct link, “indicating vaguely that they do respond to the same risk drivers and thus might be owned by the same investors,” he said.\nBitcoin tumbled nearly 14% on Tuesday and is down nearly 20% from the record high it hit Sunday. The ARK Innovation fund fell 3.3% on Tuesday, outpacing the 0.5% decline in the Nasdaq Composite index.\nWood was unavailable to comment to Reuters.\nVOLATILITY BETS\nSome increased buying of protective options contracts could reflect the fund’s nearly 26% rally for the year through Feb. 12 as investors sought to hedge their gains, said Christopher Jacobson, an derivatives strategist at Susquehanna Financial Group.\nAt the same time, Jacobson said that some investors may be positioning for a decline in momentum stocks favored by retail investors.\nTodd Rosenbluth, head of ETF and mutual fund research at CFRA, said ARK Innovation’s status as an actively managed fund lessens any market-wide impact from redemptions.\n“There is risk that some of the money that flooded in early in 2021 based on triple-digit gains in 2020 will be short-lived. However, we think ARK can manage its cash flow and use the liquidity of some of its large-cap positions to mitigate the impact,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Analysis: High-flying ARK ETF falters, sparks fear of ripple effect

评论（3）

热议股票