January 5, 2022

To gain an edge, this is what you need to know now.

6.7% Drop In 90 Minutes

Please click here for a chart of ARK Innovation ETF (ARKK).

Note the following:

• In the Morning Capsule, we wrote,

Bonds have experienced the worst drop to start a year since 2009.

• We have previously explained that rising interest rates are not good for long-duration momo stocks.
• ARKK is the most popular ETF holding long-duration momo stocks.  Such stocks include ROKU, TDOC, TWLO, EXAS, SHOP, NET, PINS, ETSYand CRSP.