LineTrader1209

The "reopening trade" is likely to be short-lived

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SPY/QQQ  
SPY/QQQ  
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Not enough is said of the relative underperformance of SPY relative to QQQ since the tech bubble - adding up to 80% over the past 20 years. And, this is based on actual fundamentals, with tech's profits growing much faster than the general market.

While everyone's fixated on the "reopening trade" by investing in companies and industries in secular decline with thin margins and boatloads of debt, now is the time to buy tech again if you're a long-term investor.

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