January 10, 2022

Financial Mania In Growth Stocks?

This Alpine Macro chart is reminiscent of the late 1990s when tech stocks were in a massive financial mania. Back then, the mania was led by the “four horse men” — Intel, Cisco, Dell and Microsoft. Today, the market leader is FAANGMS.

Are we heading for a similar end as the last tech bubble? Which side of the trade do you want to be, being long Dow while shorting NASDAQ or the other way around? The answer may not be as obvious and straightforward as you think.