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Wednesday, May 12, 2021

Cathie’s ARKK

 

Popular Tech ETF... The Fed’s CCAR regulations have the ‘big five” (JPM, C, WFC, BAC, GS) price setters somehow hedged down to a 55% equity price reduction so for this thing that’s the $72 level from its recent high of about $160... probably significant support down at that level (if it gets there) ... currently down about 35% from recent high so 20% above there now...






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