$spy $qqq vs $iwm Why buy tech here vs small cap?

QQQ/IWMNASDAQ

Description

⋅ Sep 2, 2020 10:50 AM

Extremely overbought. I am short qqq and long iwm on an outright basis

Comments

JimJJ

⋅ Sep 3, 2020 4:27 AM

Not everything follows a mean reversion model. There are larger trends and unexpected events which can fundamentally change the world.

SOXLite

⋅ Sep 2, 2020 8:25 PM

Iwm is a mistake. If you want growth stay long tech. COVID is not going away and even if it did companies realize that going to an office is so 1985.