Are we even actually in a tech bubble?

Lloyd W. Coutee · Dec 1, 2015

I'm hearing a lot of people, say that the tech bubble is going to burst soon. Again. Are we even actually in a bubble?
It seems when any market does well for a long enough time, there will always be people saying some bubble is about to burst. In my opinion, the tech industry is only going to go up for the foreseeable future. What happens after 5 years, no one knows. For now, don't buy the whole bubble hype. Just like home values, expect the tech industry to continue to gradually increase in value. What do you think?

Humpy · Dec 1, 2015

I think most of the tech that billions are spent on is financially over rated. For instance the toy robots don't seem to have improved much over the last 20 years.
The key to another tech boom is some more quiet years until they finally get AI thinking. Until then it is one big yawn.

Xela · Dec 1, 2015

Lloyd W. Coutee said:
Just like home values, expect the tech industry to continue to gradually increase in value. What do you think?

I agree: I'd expect the Nasdaq to do better than the S&P, over the next year or so, anyway.

Sig · Dec 1, 2015

Humpy said:
I think most of the tech that billions are spent on is financially over rated. For instance the toy robots don't seem to have improved much over the last 20 years.
The key to another tech boom is some more quiet years until they finally get AI thinking. Until then it is one big yawn.

Like that interweb thing, a big yawn.

murray t turtle · Dec 1, 2015

Xela said:
I agree: I'd expect the Nasdaq to do better than the S&P, over the next year or so, anyway.

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Maybe; it may outperform SPY long term. But QQQ has not even taken out close- of old all time high of $119.00/+.............................................................................................

fhl · Dec 1, 2015

You've heard about fang, but what about the big 10?

Redneck · Dec 1, 2015

QE / depressed interest rate bubble - imo

It is.., what it is..., till it ain't

RN

Lloyd W. Coutee · Dec 2, 2015

One analogue: in 2012, in the run-up to the Facebook IPO, there was a lot of worry about macro risk and Europe softness. And Facebook itself went up and down. But then it turned out that all that macro risk was overstated and if you invested in 2012 in good companies you ended up doing great. Of course in other years (2001, 2008), we really were in a bubble market.