The S&P 500 experienced an overall pullback in February, with a monthly decline of 2.61%. However, there are surprises in the performance of some S&P 500 companies, with the most bullish stocks gaining27.4%during the month!
In terms of market factors, technology stocks in the U.S. are still relatively low valuations at the moment, as they are still heavily depressed by the liquidity crunch and have had very large valuation retracements.
Even$Tesla (TSLA.US)$and$NVIDIA (NVDA.US)$, which have rallied twice as much, does not seem expensive at this moment looking at the direction of technology and possible future growth expectations. If the intent is for long term, then these are potentially quality technology stocks.
If you are bullish on$Tesla (TSLA.US)$,$NVIDIA (NVDA.US)$or other U.S. technology stocks but are torn by high stock prices, you can also choose the corresponding ETF to get on board.
ETFs do not require you to trade frequently and will rise in the long run as long as the index continues to move upward.During market downturn, you may use the dollar cost average approach to accumulate the ETF at a lower price. When the market rebound and form a "Smiling Curve", you may achieve a higher return.
散修2706 : ETF is king
accuwealth : different tools for different purposes.
Chives to NYSE : TSLA bought it around 121 but sold 127 for short term, I am regret now for not leaving some position for longer term
Teuton Knight : I would buy QQQ and VOO for stability …