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QQQM - Big Tech Has A Lot Farther To Fall
February, 14 2022 01:22 PM
Invesco NASDAQ 100 ETF
Markets are in the early stages of a long-term sector rotation away from tech stocks. Tech stocks are likely to underperform the broader market over the remainder of the decade. Tech valuations suggest both high levels of future growth yet low levels of total returns. Underperformance of tech within a context of low overall market returns suggest long-term downside risk is quite severe. Short-term indicators also suggest that tech-dominated indexes like the Nasdaq 100 have peaked. For further details see:
Big Tech Has A Lot Farther To Fall
Stock Information
Company Name:
Invesco NASDAQ 100 ETF
Stock Symbol:
QQQM
Market:
NASDAQ
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