Join our free Discord Server: https://discord.gg/VBd6cA4jUt
Check out our second channel WSM Research:
https://www.youtube.com/channel/UCQUOscigSQWCVG8m-ZC8wiw
Follow us on TikTok: https://www.tiktok.com/ @wall_street_millennial?lang=en
Follow us on Instagram: https://www.instagram.com/wall_street_millennial/
In this video we go over the recently launched ARKX Space ETF by Ark Invest.
#WallStreetMillenial #ARKX
If you ever see a scam comment, reply with this to warn others:
🚨 SCAM ALERT 🚨
Check out our second channel WSM Research:
https://www.youtube.com/channel/UCQUOscigSQWCVG8m-ZC8wiw
Follow us on TikTok: https://www.tiktok.com/ @wall_street_millennial?lang=en
Follow us on Instagram: https://www.instagram.com/wall_street_millennial/
In this video we go over the recently launched ARKX Space ETF by Ark Invest.
#WallStreetMillenial #ARKX
If you ever see a scam comment, reply with this to warn others:
🚨 SCAM ALERT 🚨
Cathy wood is a dangerously insane human being
Generally good analysis, but Cathie has been on record as saying that the PRNT holdings expense ratio is passed through so there is no double fees.
I think you and Wallstreet oh and Cramer are dumb af if you don't understand what she's doing. Nuff said
WHKS sold of total of 6 trucks last quater with an average loss of per 748.000 truck. This according to their earnings release today.
lmao she just throwing in a bunch of random high growth companies and calling it a "space" etf
I’m buying into both ARKX and FSDAX and will be count tendies in 10 years.
Although I'm not a big fan of Cathie and her somewhat religious zealot undertones, she probably has the right idea here. Those empty planets will need infrastructure and life-sustaining building equipment to inhabit them long term. Need to starting thinking outside the box to specialized & focused companies that could participate.
yep, time to bail on the cathie wood stocks, this looks shady.
Im currently drunk but it sounds like a cash grab by taunting space as a carrot. Just hodl on for elon daddy to IPO space X thats all the ETFZ you need for spacr.
No that is Caitlyn Jenner
Cathie's playing chess while everyone else is playing checkers. She's setting it up so that she wins either in the long term or the short term. All she really has to do is avoid doing something that could provoke a lawsuit and she'll be financially set for the rest of her life after the next year or so. And if her picks do work out in the long term, all the better for her.
She's not the first to do it and certainly won't be the last.
cathie woods is dumb,and this etf proves it even more.
‘I was surprised gamestop isnt in it since gamestop is synonymous with rocket ships’
Cramer aint coming slowww
Thank you for your research. I love C.Wood enthusiasm and innovation in general, but with stuff like this, it is hard to not raise eyebrows.
Companies like Deere, Netflix. and Google are likely money parks
I'm not sure what people expected from a space exploration etf. How many space exploration companies even exist let alone are publically traded?
There's too much exposure with ETF's generally, cross-holding. The inter-dependencies created are setting up for a massive Jenga fall.
Kathy playing 4D chess. Mars tractors. Makes sense. Need to grow stuff
She looks like a toilet cleaner at an airport that somehow managed to become a freaking hedge fund manager…
Seems suspicious
Tbh Ark always has some weird holdings that seem irrelevant to the fund
sus
I though I was looking at the wrong holding sheet
Honestly I am fine with a bit of exposure to established profitable companies even if they are only tangentially related to space if nothing else as a hedge against the risk of space exploration.
The ARK Mars ETF will be 25% ARKX which will be 6% PRNT. This doesn't seem right.
That justification for including Netflix; expansion of tech capabilities in Space leading to services growth… LMAO🤦🏽
Netflix would benefit from space exploration in terms of documentaries, series, hype… but it seems dubious since it is a space ETF
If you just throw money around, something will stick, or stink. Doesn't matter, they collect their commission either way.
Cathie Woods is becoming a victim of the great equalizer: Reversion to the Mean.
why i have the feeling she is going to drag a lot of retail investor down with her predictions/moves, when she invests she does it with volumes market changing already, so it is way different when you get the news she did something as the prices already affected by her moves, then she can take profits when the rest follows. 2020 should not be an indicator of being good or bed investro imo.
she said before that she treats some selections in her ETFs as "cash-like" netflix deere etc. are cash-like positions for when good space plays appear in the market (i.e. SpaceX)
holy crap. I agree with Cramer on this one. I've been saying for days that this ETF is just full of a bunch of fodder because they're aren't enough 'space' stocks to fill it and Cathy is cashing in a few years too early. I have skeptical hippo eyes on this ark stuff, sounded good at first though. Yo dawg, we heard you like ETFs so we put ETFs in our ETFs.
Took me half the video to realize this is not aprils fool video.
GME on ARKX! Great idea!
It's crazy not to have $VACQ/Rocket Labs in there. They can 3D print a rocket engine every 24 hours, have launched over 100 small sats in the last year and just got a NASA Capstone mission to put sats around the Moon for the Artemis missions. They're already 90% booked for 2021. Makes no sense not to get in on the ground floor of Rocket Labs.
I get the logic behind ARKX – the space stocks will have a million public offerings to raise money – but she needs holdings that pay reliable dividends to pay for said offerings.