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home / news releases / QQQM - The 'Selling Tech' Crowd Continues To Grow - Not Yet Convinced

QQQM - The 'Selling Tech' Crowd Continues To Grow - Not Yet Convinced

Invesco NASDAQ 100 ETF
  • Technology is still the largest weighting in the SP 500 as of this past weekend, with a 26.2% market cap.
  • The difference between the earnings weight and market cap weight of technology is nowhere as large in May 2021 as it was in early 2000.
  • The tech sector could tread water for 12-18 months despite good earnings, as PEs compress and the sector remains out of favor.

For further details see:

The 'Selling Tech' Crowd Continues To Grow - Not Yet Convinced
Stock Information
Company Name: Invesco NASDAQ 100 ETF
Stock Symbol: QQQM
Market: NASDAQ
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