Thursday, January 23, 2025

Ratio Love


After bottoming in 2003 after the 2000 tech wreck, the technology sector (QQQ) has been the place to be when investing in US equities. As you can see in the ratio chart of the technology index, QQQ, to the broader sp500 index, it has stayed in an upward rising channel the entire time. From that bottom (17 years ago), technology has outperformed the sp500 by more than 130%. There is nothing in the chart, as of now, to say this is changing.

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