“Tech leadership could be topping out for a long time as trillions in new IPO supply force investors to sell semis and mega-cap names to make room.”
“I'm not sure that the tech leadership really has much more legs. Like today was NVIDIA's earnings and every it's a $6 trillion company. It's like almost 10% S&P. It's very hard to surprise on that. And so that's kind of the last big catalyst.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.