Chart of the Day - Friday, June 20, 2025
June 20, 2025
Chart of the Day
🏆 Today's Chart of the Day was shared by Randy Dunham (@itmrandy).
- Speculative growth stocks have staged an impressive comeback recently, with the Ark Innovation ETF ($ARKK) breaking out to a three-year high today.
- It soared +9% this week while the S&P 500 remained unchanged, marking the best week for $ARKK vs. $SPY since November and the 9th best on record.
- Randy notes the resurgence in speculative growth looks sustainable, with $ARKK breaking out on both an absolute and relative basis. Top holdings currently include $TSLA, $COIN, $CRCL, $ROKU, and $RBLX.
The Takeaway: With $ARKK breaking out to multi-year highs on both an absolute and relative basis, the rotation into speculative growth looks sustainable.