Betting markets back Biden
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Goldman with the update. White House Where things stand: President Biden
and former President Trump are roughly even in national polling, but Biden
trail...
2021-12-28
Bear Trap or Next Leg Down Incoming?
Biotech was green earlier today and then reversed.
Biotech was a decent short at the horizontal yesterday, but who knows how it will finish the year. More interesting are some of ARK's holdings that haven't gotten off the mat. I already posted SQ earlier today, that is one. TWLO and SE are two more. roKU and U don't look particularly strong either. The question is bear trap or weakness? Given I think the rally will run out of steam, I lean bearish.
This one isn't in Cathy's portfolio, but looks ready to go.
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