GME - SPYG: Market-Mania Signals Potential Peak For Big Tech

• Large high-growth stocks saw significant outperformance last year, but have underperformed small-caps by a significant degree since November.
• Similar to after the 2016 election, the 'reflation trade' has caused a surge in beaten-down companies and a slowdown in the technology rally.
• Speculators are moving away from 'Big Tech' and there is little cash left on the sidelines, meaning these growth giants may finally see their valuations return to reasonable levels.
• Investors with patience, who do not get swept away by viral/"meme" trades, will likely see greater long-term survival.
• With nearly all of the forces which boosted growth stocks fading, a crash may be lurking.

For further details see: