Late summer is often a time for low stock market volatility, low trading volume, and low market visibility. You can see that Tech was one of many S&P 500 sectors charging higher. That’s a Tech meltup. Will it grow into a year-2000 style crescendo, with the Nasdaq and S&P 500 Tech sector leaving the rest in the dust? The next 3 years from there saw the painful unwinding of the Dot-Com Bubble, the Tech meltup, and the confidence of millions of investors.
Source: Forbes August 25, 2020 12:56 UTC