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The Market can not go higher without Big Cap Tech. That hasn't happened in 50 years. And may never happen again. Bio tech can out perform big cap tech in situations but can never lead any Bull Market.

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Tokyo

@magicalexir

Sep 23

Replying to @MasterBJones

But do you think that big cap tech will still lead or should we look for new leaders (like maybe biotech?)

12:54 AM · Sep 23, 2022Twitter Web App

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So big cap names will rally with the market?

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and

Big cap tech will lead the rally starting with $AAPL

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So as Druck says, we could conceivably trade sideways for 10+ years.

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Agree I almost replied to him but it’s your thread. Even during the pandemic in 2020 when Bio’s ran wild they didn’t lead the way and was often a contra only…. In no scenario would they lead a bullish market