ARKK Update

Cathie's ARKK continues to sink, lol. I told everyone to stay away from this garbage.

Biggest holdings are ZM, EXAS, TSLA, ROKU and SQ. TSLA really tanked this garbage, it was the only thing propping it up until recently.

No position, I just think it's hilarious anyone actually buys this fund. How does she even have a job? WHy do people keep interviewing her like she knows anything?

Anyways, 5 year negative return now. We should see the market bump up a little next week, so maybe this goes even for 5 year return, lol. A blind monkey throwing poop can pick stocks better than Cathie.

Komen:

Blind monkey.....

Check out her trades:
cathiesark.com/arkk/trades

Dumped garbage only to try to catch the falling TSLA knife. No wonder why it's at a 5 year low now. More pain tomorrow, then probably a bounce.

Komen:

RSI now touching oversold on the daily

Komen:

Expecting a bounce here as even garbage will float on a rising tide, but also expecting this to hit $20 next year.

If you think ARKK or the market will bounce you're better off trading TSLA or GM for short term bounces. I don't recommend it though unless you're watching short term futures (NQ1! & ES1!)

Komen:

Blind monkey, lol. Look at her holdings and cost average.... yikes. Only 4 stocks in the green vs cost average and TSLA is one of them. ZM at a cost average of $278 pretty much tells you she's a stock chaser.

cathiesark.com/arkk/complete-holdings

Komen:

Even garbage floats on a rising tide, and it's been a while since ARKK has gone overbought on daily RSI or MFI. Wouldn't surprise me if this hits $40.

I still think Cathie is incompetent, but a lot of garbage stocks rallied today on short squeezes. Plus PCI numbers premarket Thu, I guess people are expecting lower inflation.

Komen:

TSLA will now drop like a rock because Cathie added a whole bunch in the past week, lol. Watch.

Probably gets cut in half by the end of the year if not much sooner.