US Tech Stocks have never been this expensive outside of the dot com bubble

Callum_Thomas

2024-12-30

1.US Tech Stocks have *never* been this expensive outside of the dot com bubble...

does that mean it's a bubble again?

Maybe (but there is nuance)

Reasons for this + outlook

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$

Image

2.US Stock Indexes used to only have 3 Sectors (Industrials, Utilities, and Rails)

How times have changed...

(and continue to change: e.g. telecoms got renamed to communication services, and a bunch of tech stocks got reshuffled into that sector and consumer discretionaries)

do sector labels really matter? 🤔 $.SPX(.SPX)$

Image

3.You probably know how to use valuation signals to figure out risk vs opportunity for a single asset class...

But do you know all the different ways you can leverage that info across multiple assets?

Level-up your methods

Image

4.Yes Gold has broken out...

and that is good, and bullish (but)

Until it breaks out vs the 60/40 portfolio we ain't seen nothing yet

$Gold - main 2502(GCmain)$

Image

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🤔 <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4c233c519d9ad40416852725a7b838d0\" tg-width=\"603\" tg-height=\"680\">Image3.You probably know how to use valuation signals to figure out risk vs opportunity for a single asset class...But do you know all the different ways you can leverage that info across multiple assets?Level-up your methods<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/20613c75b9f69b5ae5da3c237bc7826a\" tg-width=\"680\" tg-height=\"246\">Image4.Yes Gold has broken out...and that is good, and bullish (but)Until it breaks out vs the 60/40 portfolio we ain't seen nothing yet <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2502\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2502(GCmain)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4a55535d8d6d085ae63bdd641e2f26fb\" tg-width=\"680\" tg-height=\"425\">Image</body></html>","htmlText":"<html><head></head><body>1.US Tech Stocks have *never* been this expensive outside of the dot com bubble...does that mean it's a bubble again?Maybe (but there is nuance)Reasons for this + outlook <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a> <a data-mention-id=\"NDX\" class=\"teditor-mention\" data-mention-name=\"NASDAQ 100\" href=\"https://ttm.financial/S/NDX\">$NASDAQ 100(NDX)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/0a0727c0a9a2dfa910f048d1a2d04a69\" tg-width=\"680\" tg-height=\"462\">Image2.US Stock Indexes used to only have 3 Sectors (Industrials, Utilities, and Rails)How times have changed...(and continue to change: e.g. telecoms got renamed to communication services, and a bunch of tech stocks got reshuffled into that sector and consumer discretionaries)do sector labels really matter? 🤔 <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4c233c519d9ad40416852725a7b838d0\" tg-width=\"603\" tg-height=\"680\">Image3.You probably know how to use valuation signals to figure out risk vs opportunity for a single asset class...But do you know all the different ways you can leverage that info across multiple assets?Level-up your methods<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/20613c75b9f69b5ae5da3c237bc7826a\" tg-width=\"680\" tg-height=\"246\">Image4.Yes Gold has broken out...and that is good, and bullish (but)Until it breaks out vs the 60/40 portfolio we ain't seen nothing yet <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2502\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2502(GCmain)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4a55535d8d6d085ae63bdd641e2f26fb\" tg-width=\"680\" tg-height=\"425\">Image</body></html>","text":"1.US Tech Stocks have *never* been this expensive outside of the dot com bubble... does that mean it's a bubble again? Maybe (but there is nuance) Reasons for this + outlook $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ Image 2.US Stock Indexes used to only have 3 Sectors (Industrials, Utilities, and Rails) How times have changed... (and continue to change: e.g. telecoms got renamed to communication services, and a bunch of tech stocks got reshuffled into that sector and consumer discretionaries) do sector labels really matter? 🤔 $.SPX(.SPX)$ Image 3.You probably know how to use valuation signals to figure out risk vs opportunity for a single asset class... But do you know all the different ways you can leverage that info across multiple assets? Level-up your methods Image 4.Yes Gold has broken out... and that is good, and bullish (but) Until it breaks out vs the 60/40 portfolio we ain't seen nothing yet $Gold - main 2502(GCmain)$ Image","highlighted":1,"essential":1,"paper":2,"likeSize":432,"commentSize":0,"repostSize":12,"favoriteSize":0,"link":"https://ttm.financial/post/387100300948024","repostId":0,"isVote":1,"tweetType":1,"viewCount":614,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NDX","QQQ",".SPX","SPY","GCmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":813,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/387100300948024"}