How Cathie Wood’s ARK ETF Can Rally Another 25%

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The Street

By Bret Kenwell The ARK Innovation ETF is a key way to measure growth stocks, yet it didn’t make a new low with the broader market. Is it about to rally more? The stock market is under intense selling pressure at the moment. The S&P 500 index has fallen in 10 of the last 11 weeks, dropped 5% in back-to-back weeks and made new lows just a few days ago. Do you know what didn’t make new lows though? The Ark Innovation Fund (ARKK) – Get ARK Innovation ETF Report. It’s also up in six of the past seven sessions, including a 4% gain on June 23. Cathie Wood’s ARK has long been used as a proxy for grow…

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