Not enough is said of the relative underperformance of SPY relative to QQQ since the tech bubble - adding up to 80% over the past 20 years. And, this is based on actual fundamentals, with tech's profits growing much faster than the general market.
While everyone's fixated on the "reopening trade" by investing in companies and industries in secular decline with thin margins and boatloads of debt, now is the time to buy tech again if you're a long-term investor.
While everyone's fixated on the "reopening trade" by investing in companies and industries in secular decline with thin margins and boatloads of debt, now is the time to buy tech again if you're a long-term investor.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.