ARKK - Even garbage floats in a rising tide
CPI next Thu is supposed to come in pretty low. Guessing this is the bottom for Cathie's collection of garbage stocks as the tide come in next week. Garbage rises with the tide, because most garbage is plastic, lol. (Cathie's garbage is oversold, look at the indicators.)
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See.... even Cathie's garbage floating today
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This is yet another reason why I think Cathie is an idiot. She's trying to catch the knife on PD, now her funds own $180M of stock which is almost 10% of the entire company, lol.
www.thestreet.com/in...-volatile-tech-stock
that garbage is headed right back to $12 or lower.
www.thestreet.com/in...-volatile-tech-stock
that garbage is headed right back to $12 or lower.
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CPI number higher than expected, ARKK taking on water again, lol.
Bad time to buy garbage stocks and Cathie's funds are full of garbage. PD down 2 days in a row after her purchase, and no exit plan because you can't sell 10% of a company very easily. She's a moron.
Bad time to buy garbage stocks and Cathie's funds are full of garbage. PD down 2 days in a row after her purchase, and no exit plan because you can't sell 10% of a company very easily. She's a moron.
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Oversold on the daily, but before you buy this garbage fund you should look at what the fund holds:
ark-funds.com/funds/arkk/
As garbage stocks like TWOU and PD tank, her top holdings become a bigger percentage of the holdings. TSLA, COIN, ZM, ROKU, PATH, SQ and RBLX comprise over half the NAV now. I'm not bullish on any of those companies, especially TSLA.
No position. If I wanted to short TSLA, I'd short TSLA not ARKK.
ark-funds.com/funds/arkk/
As garbage stocks like TWOU and PD tank, her top holdings become a bigger percentage of the holdings. TSLA, COIN, ZM, ROKU, PATH, SQ and RBLX comprise over half the NAV now. I'm not bullish on any of those companies, especially TSLA.
No position. If I wanted to short TSLA, I'd short TSLA not ARKK.