A Tale Of Converging Performance In The Long Run
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Viewed over their entire common lifespan, the QQQ (NASDAQ 100) and SMH (semiconductor index) funds have, in the end, performed almost identically. You can see how badly semis lagged for a huge chunk of this chart (black lower than blue) but they have “caught up” admirably thanks to the likes of NVDA and AMD.
More recently, semiconductors have absolutely led the way. When – – not if, but when – – people realize NVDA isn’t the second coming of The Christ, then you’re going to see some serious fireworks.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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