SWFguy

ARKK : The Innovation Fund. SELL

Short
AMEX:ARKK   ARK Innovation ETF
Cathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise.

Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices .

Fundamentally speaking the FAANGs & MAMAA's of the world are still grossly overvalued in the interest rate stabilising world, note it that I never said rising, because as one of the factors of production, the price of money should never have been negative.

Can you fathom a negative Salary for your monthly efforts ??

My Target for this overhyped overblown Fund is $29.30.

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