Speculating On Innovation: How Renaissance IPO ETF Is Beating ARKK

Cathie Wood of ARK Invest (Credit: Ark Invest, https://www.ark-funds.com/about)

This piece is my second follow-up to my claims from a year ago in: “Renaissance IPO ETF A Less Volatile Way to Speculate Than ARKK“. Since that post, and especially this year, the performance gap between the Renaissance IPO ETF (IPO) and the ARK Innovation ETF (ARKK) has widened so much that I am comfortable … Read more

Speculating On Innovation ETFs Versus Big Cap Tech: ARKK vs IPO vs QQQ

speculate (Credit: Booby Stare-Down by Scott Ableman on Flickr)

This year has been a surprisingly good year for speculating. The race to the end of 2023 looked like it priced in a lot of good news, but the good news (in price action) continues apace year-to-date. Thus, I decided to take a fresh look at last year’s claim: “Renaissance IPO ETF A Less Volatile … Read more

How to Use ChatGPT to Test Theories on Stock Prices

Percentage of days IWM experiences a gain based on the combined performance of QQQ and IWM (February 12, 2019 to February 8, 2024)

I have a good friend that comes up with interesting theories about relationships in the stock market. Recently, he claimed that “more often than not”, on a day where the big cap stocks gain and the iShares Russell 2000 ETF (IWM) does not gain, IWM will experience a daily gain on the next trading day. … Read more

A Sprint Trade on the Race in Generative AI

AI race (Credit: Fuyoh! on Flickr)

The race is on in generative AI (artificial intelligence). Chat GPT introduced this natural language algorithm to a mass audience in November, 2022, and we love it so far. With a market proof at hand, companies are rolling out commercialization efforts. These conversational knowledge engines will find their way into more and more products and … Read more