Likes ReceivedCathie Wood bought approximately $16 million worth of BMNR and $7.2 million worth of BLSH today, and sold $5.8 million worth of DKNG.
This morning, I thought Cathie Wood didn't trade, so I simply explained her trading strategy in my own way. Unexpectedly, the trading records were still released at 4 PM, so let's continue with a brief discussion 🤣
Bought approximately $16 million worth of BMNR and $7.2 million worth of BLSH, totaling around $23 million. This is highly likely due to a regulatory announcement from the U.S. that Nasdaq will strengthen its scrutiny of listings by crypto companies. This year, crypto companies have started listing one after another, but regulatory oversight in this area has been lacking. Such news will undoubtedly affect market sentiment. However, encountering such situations presents an opportunity to add positions, so Cathie Wood's buying this time is a good moment for bottom-fishing.
On the selling side, the three major funds simultaneously reduced their holdings by approximately $5.8 million in DKNG and $11 million in ROKU, which seems more like a portfolio adjustment 🤔
Reduced holdings by about $650,000 in FUTU. Compared to other brokerages, FUTU offers a good user experience, but the trading fees are slightly expensive. Around August 20th, when the earnings report was released, the main buying force reached a peak, and the stock price almost touched $200. After the earnings report, the stock price returned to its average, which is a normal performance.
Today's trading records (September 5)
Buying operations
ARKK:
BMNR: 257,108 shares, 0.1464%
BLSH: 81,811 shares, 0.0573%
ARKW:
BMNR: 83,082 shares, 0.1461%
BLSH: 39,597 shares, 0.0857%
ARKF:
BMNR: 47,135 shares, 0.1454%
BLSH: 22,498 shares, 0.0854%
Selling operations:
ARKK:
DKNG: 81,432 shares, 0.0525%
TER: 46,722 shares, 0.0781%
ROKU: 65,343 shares, 0.0867%
ARKW:
DKNG: 26,321 shares, 0.0524%
ROKU: 30,128 shares, 0.1235%
RBLX: 27,424 shares, 0.1502%
ARKF:
FUTU: 3,470 shares, 0.0493%
RBLX: 5,185 shares, 0.0498%
DKNG: 14,932 shares, 0.0521%
ROKU: 17,114 shares, 0.1231%
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
