Surprise! Nasdaq Leads Weekly Gains
In a surprise twist, the Nasdaq surged by a healthy 4.2%, managing to close the week at an all-time high. What’s happening to tech stocks? Q4 2020 hedge fund letters, conferences and more Surging, gaining...come again? Tech Stocks Still Going StrongWasn't tech supposed to wither away and die thanks to be big bad Democrat boogeymen? Wasn’t the radical Biden tax agenda and regulatory framework supposed to send your favorite tech stocks plummeting? Wasn’t Biden’s tax plan supposed to take an estimated 5-10% off the earnings per share? For now, it seems like the market is putting more of its hopes...