is Cathie Wood’s fund in trouble?

Does that make Matthew Tuttle SARK founder a double genius?

Hehe

 

Amazing ARKK is down 21.5% in the last 3 trading days. The QQQ is down 9.7% in the same time. I wonder how difficult is to short TARK (2X ARKK).

 

what do you expect her to do? she’s running a business. Does coke ever say “Pepsi tastes better”

 

Arkk (and most nasdaq) is up in after-hours trading. Gold futures are down, looks like the market is debating that it may have over-reacted today.

 

Reality distortion fields can work in business. Steve Jobs and Elon Musk were/are good at that kind of thing. But it doesn't work in the markets for long, only while the bubble lasts.

 

her returns will be her beta.
Perhaps investors will get tired but she has to keep pumping the beta.

 

Well, she's still green for the morning...

 

While I was disappointed she didn't own UPST, she made up for it by having U in her top 10 holdings today. Can't own them all I guess.

 

ARKK currently at 76% drawdown level from Feb 2021 all time highs.

But how low will she go?

80% down would be $32 and a retest of her 2020 lows

85%, would be $24

90%, would be $16

Could she go as low as $8, a 95% drawdown???

 

Sure. She can’t sell anyway as that would violate her stated style.