What a bizarre year so far: a huge rally in January, a major setback in February, and now a catastrophe in the mid-tier banking world – one that took almost everyone by surprise. It's enough to make you want to hide in a bunker or at least stuff your money under the mattress. However, whatever the overall market action, there are always stocks that outperform considerably, encouraging an effort to pinpoint what the market craves, even in tough times. This year is no exception.
Among the best returns were several in Cathie Wood's ARK Innovation ETF , such as Coinbase , DraftKings , Roblox and Roku , none of which have turned a profit, but all of which got a boost as shareholders moved back into her funds. Another common trait among the most successful stocks this year is their high short interest. As the Nasdaq fell through the fourth quarter of 2022, investors betting against the shares of previously high-flying stocks reaped huge gains.
Karen Firestone,you look HOT today. Keep up the good looks.
Ask her about the $FRC holding, if shes still in please FrankCNBC HalftimeReport Karen_Firestone
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