It’s been a nice run the past few months. I’m not one to overstay my welcome.
The setup here in the short ARK ETF, SARK 0.00%↑ looks worthy of a bet. Fade below $35 would nullify that for me, but the upside at this price point offers a strong risk/reward.
If we do get a healthy consolidation in the short term, it seems reasonable to expect the highest leverage names contained within Cathie’s ETF to underperform.