2 reasons why now is not the time to buy the dip in beaten-down innovation stocks championed by Ark Invest, according to DataTrek
Companies, agencies, institutions, etc
Ark Invest's
Cathie Wood
DataTrek Research
Nasdaq
NASDAQ
Clean Energy
ARK's Disruptive Innovation ETF
Fed
People
Nicholas Colas
Groups
Chinese
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Teladoc
Zoom Video
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Summary
The iShares Clean Energy ETF and ARK's Disruptive Innovation ETF both traded to new 52-week lows on Friday."Second, we don't think we are in a market that is ready to cycle back into speculative tech names.
As said here by Matthew Fox