How Fragile ARKK is?
Those who investing in ETFs and Funds, are usually cautious investors!
But the question is how safe ARKK could be for the storm ahead..?
ARKK, rewarded the investors 384% in less than a year, but lost 34% of its value in 13 days!?!?
I believe after breaking its yearly trend line ARKK has a hard path ahead to reach new highs again, specially when Tesla the biggest portion of its portfolio does not perform well!
Since ARKK heavily invested in growth stocks, its worst days has yet to come. Although it could go up to 135-140, but we have to wait and see if there will be a new all time high in coming weeks??.
But the question is how safe ARKK could be for the storm ahead..?
ARKK, rewarded the investors 384% in less than a year, but lost 34% of its value in 13 days!?!?
I believe after breaking its yearly trend line ARKK has a hard path ahead to reach new highs again, specially when Tesla the biggest portion of its portfolio does not perform well!
Since ARKK heavily invested in growth stocks, its worst days has yet to come. Although it could go up to 135-140, but we have to wait and see if there will be a new all time high in coming weeks??.
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