ARKK rebounds 30%. What is your thought on it?
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In ARK We Trust
I believe in ARK and I am an investor in ARK ETF, e.g. $ARK Innovation ETF (ARKK.US)$ and $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ . I envision the day where we will be travelling in autonomous vehicles, such as in Tesla cars. Disruptive technology will without a doubt disrupt our lives and how we know it, be in the way we travel, live or do banking. Cathie Wood’s picks have been spot on, in terms of Tesla, Square or Roku. While Ark ETFs seem to be taking a hit, it is likely ohly for the short term. In the short term, Ark ETFs may continue to underperform as there are fears of inflation and higher interest rates. Nevertheless, in the long term, there should be no doubt that Ark ETFs will do well. In ARK we trust!
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