We’re at three digits…boy, are we ever at three digits! Still, with the euphoria fading from those who entered a position before the big breakout move — an event sparked by an outstanding fourth-quarter earnings print — the real difficult analysis begins.

Cathie Wood stocks have done well in the past few months, with the ARK Innovation ETF (ARKK) soaring by 72% to $64. It has risen by 40% in the last 12 months compared to the Nasdaq 100 index that has risen by 24%.