Top Tweets for #NasdaqUnderperformance
My version of a โSunday Sermonโ -
Why I see a third wave of tech selling approaching.
Macro-to-Micro ๐
$QQQ $SPX
#NasdaqUnderperformance
#GrowthToValue
https://t.co/PHCoK4msRX
Reading my 2022 Prediction post reminds:
"It would not surprise me for growth to under-perform this year and into the next few years."
#NasdaqUnderperformance
$NYFANG $QQQ $SPX
https://t.co/ImfRswzXFE
Now consider the flagship Fidelity Contra Fund is down twice as much as $SPX in the past year (-22% vs -10.6%), and a whopping -28% as of June 20th!
The catch up game is tough!
#NasdaqUnderperformance

The public pension system could see its largest single-year decline in its funded ratio since the 2008 Great Recession, with the aggregate funded ratio dropping from 84.8% to 77.9% & unfunded liabilities jumping from under $1 trillion to $1.4 trillion, per the Equable Institute.
The Prediction Business is hard.
After the fact... not so much.
Now $QQQ has fallen over 22% + everyone sees it. ๐ตโ๐ซ
#2022predictions
#NasdaqUnderperformance
#GrowthToValue
#ThingsOverPaper
#DownTheMountain
โฏ๏ธ https://t.co/ImfRswzpQ6
While some are arguing a bottom is forming in FANG and the $QQQ, I have the opposite outlook. Yes, we are at oversold levels and that will - at some point - fuel convincing snap back rallies. However, my analysis suggests a long term top and years of subsequent underperformance.

And NOTHING the Fed announces today will change my opinion ...
See why in my 5 min guest spot.
#NasdaqUnderperformance
#EnergyOutperforms
#GrowthToValue
#HigherUSD
#HigherInflation
#HigherRates
On our latest @FinalBarSCTV... @SamanthaLaDuc @LaDucTrading confirmed the LT trend of value over growth as all eyes focus on interest rates this week. Also viewer questions on downside $SPX targets and how to overlay different data series on @StockCharts.
https://t.co/x8sdUhWoH9

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