is Cathie Wood’s fund in trouble?

So, CNBC had another guest today talking about how Roku was actually a great pick... Some more hope for the bagholders I guess.

 

ARKK about a $1 away from new LOY down -3.94%

And no bottom in sight far as I can see.

 

SARK has that busted H&S pattern whereby the right shoulder goes above the left possibly indicating new highs. Long SARK.

Perhaps she stopped reading her bible or isn't praying hard enough?

 

Maybe she skipped confession last week.

 

Another new low of the year $50.97 .... with 8 months to go.

 

I was already looking at that today... hehe.

 

SARK is diluted trash with limited upside. ARKK just went 3% lower than its previous low this year, but SARK is 3% from it's ATH. That's just the dilution over about 6 weeks.

 

What r u smoking? SARK has DOUBLED.

I'm happily long SARK and buying more. Look at the chart

https://www.cnbc.com/quotes/SARK

 

Look at 3/14 for both ARKK and SARK. ARKK went past that low today, SARK is still 3% behind the highs. You're paying a substantial daily dilution fee by holding SARK just like with any leveraged ETF.