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Tech Stock in 2021?

Invest on Tech STOCKS on 2021?

I pulled up from SPDR to share what I think.


5 Yr out, Tech won BIG!
1 Yr out, Tech won Ok..

3M out, Energy WON BIG!

1M out, Finance is leading

Here is the pattern, Tech is all time high and other sectors are start to take over the lead from the Tech Sector. 

What is going on? isn't Covid-19 changing the world? everything will be wireless, 5G, and Auto Drive will carry people around?

ARK invest benefited the most on the Tech innovation. Cathie Wood will share her story.


Now we will have to think rationally. is new Tech and innovation always perform well?
The double bubble at the turn of the Century: Technological roots and structural implications 

If you don't want to read the link, to shorten;

New innovation will change the world. But, it will also create a bubble of HOPE. 

Bicycle, Trains, and more aka, Third Industrial Revolution changed the world. however it also created bubble.


after watching Ben Felix's video, it might changed your view on Tech stocks.


2021's winning hedge fund manager, Bill Ackman's simple reason why he doesn't invest on Techs.
(Actually Bill Ackman has Agilent Technologies, But it's under the Healthcare sector. don't get confused)

anyone can replace you as a new start up and suddenly, leading company can be replaced.
for example, What happened to IBM? What happened to Motorola? and more. 
how about Intel?

Tech changes, and unless you can track the new innovation and you see potential, every single one in the world will like it (AAPL), it's hard to track.

Currently, I'm shrinking Tech stocks, and moving to other sectors. 
Maintaining, JAWX and MEGA as is, but my individual Tech Stocks are AAPL, MSFT, QCOM, and few others. 


it's hard to predict, and companies like AAPL did really well, but if you were in 1980s you would bought Intel or IBM. Technologies keep change, and think about Peter Lynch's speech.
















 

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