Given the recent market volatility, ETF PM has been defensive in order to protect principal. However, trends can change quickly and we will shift appropriately as risk assets stabilize.

3X Tech ETF Pulls In Billions Amid Headwinds

Dan Mika, 1/31/22

The tech benchmark Invesco QQQ Trust (QQQ) fell into correction territory last week, while the ARK Innovation ETF (ARKK) is down 28% so far this year.

Between the prospect of multiple interest rate hikes and slowing valuation growth, the technology sector has entered 2022 facing the harshest headwinds in more than a decade.

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