Is a Big Tech Bear Market Coming in 2022?
Technology investors experienced a tale of "two markets" over the second half of 2021. While mega-cap technology stocks like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA) chugged higher along with the market indices, investors in SPAC stocks and small-to-mid cap tech stocks have fallen as much as 80% below their highs.
The more these smaller tech companies fall, the more tempting it might become for investors to flock to these big tech companies, seen as "safe" because they continue to show strength. However, when we dig deeper, there are signs that these big tech stocks could finally run out of steam and fall in 2022.
If you only look at the daily Nasdaq Stock Market levels on TV each day, all seems fine in technology land. The index is within a whisper of all-time highs, which usually would mean that investors are celebrating across the board. However, looking deeper reveals some odd findings.
Source Fool.com
