Currently, the NDX trades at 1.25x to the SPX
Tech valuations are still not nearly as frothy as they were at the height of the Dot Com Bubble.
At the peak of the Dot Com Bubble, Tech traded at 2x the P/E multiple of the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$
Currently, the $NASDAQ(.IXIC)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Invesco QQQ Trust-ETF(QQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $NASDAQ 100(NDX)$ trades at 1.25x to the SPX.
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- Alex Chui·02-28Great ariticle, would you like to share it?LikeReport