Cathie Wood bought Chinese concept stocks for 4 consecutive days this week and sold $1.2 million worth of Amazon

U.S. stocks braked this Friday, slowing down the pace. Last night, the three major U.S. stock indices were: S&P +0.01%, Nasdaq -0.28%, and Dow +0.51%.

Cathie Wood bought $3.2 million worth of Alibaba and $430,000 worth of Baidu today. She has been buying for four consecutive days since Tuesday, showing continued optimism about Chinese concept stocks. Is there any insider information?

She sold $1.1 million worth of SLMT and $1.2 million worth of Amazon. These two sales were not significant. Amazon fluctuated sideways last night, closing at -1.30%. Last night, I even doubled my position in Amazon, preparing to trade back and forth. I remain bullish on Amazon this year 😃. For now, I’ll just hold quietly.

DKNG, which I mentioned a couple of days ago, rose +1.38%. I made a bold claim a couple of days ago, saying it would rebound between the price of 34. I wonder if anyone followed Cathie Wood’s lead and bought. Keep an eye on it later.