Market Musings 100324: Is the Tech boom fading, Are Commodities Overlooked?

Market Musings 100324: Is the Tech boom fading, Are Commodities Overlooked?

Podcast this week:Know the essentials of trend-following

Pascal Chrobocinski, Senior Hedge Fund Analyst at BNP Paribas Wealth Management, talks about the trend-following strategy. Definition of trend-following. Can investors benefit from rising and falling trends in prices? How do CTAs make money? How do CTA strategies improve portfolio diversification?

Is the Tech Boom Finally Fading: in charts

Not only is the US Tech sector flat over the last month, but Google, Apple and Tesla all continue to lose altitude after a heady 2023.Source: tradingview.comThe mega-cap tech stocks, exemplified by the FAANG group of stocks, looks overall to be under-performing the average US large-cap and mid-cap stock of late. This may highlight the start of a rotation within the US stock market away from very narrow leadership from the Magnificent 7, and towards broader participationby the average US stock, with broader participation from more sectors than just Tech.

Source: tradingview.com

As a result, the US Nasdaq 100...