Is the Crypto Bull Market in Trouble?

Is the Crypto Bull Market in Trouble?

The most crowded trade in the market right now is technology. Specifically, artificial intelligence (AI).

That’s not to say it isn’t warranted.

AI, and tech in general, will continue to transform our world at an ever-increasing pace.

But it sure ain’t cheap.

A crowded trade is when a large number of investors pile into an asset class or investment theme. The herd mentality sends prices higher.

We’re seeing that play out right now in the tech sector…

The S&P 500 Information Technology sector trades at a 39.25 price-to-earnings (P/E) ratio. Ten years ago, it traded at a 15.4 P/E ratio.

That means investors are willing to pay $39.25 for $1 of earnings, more than double what they would have a decade ago.

Technology stocks make up roughly 40% of the S&P 500. The 20 biggest tech companies are worth over $20 trillion and account for nearly 18% of the global stock market value.

That’s what I mean when I say this is a crowded trade.

Yes, there’s still money to be made in tech… But not dump trucks of money.

Perhaps there are a few pails of cash left to be pulled out of Big Tech. But the kind of money that can change your life?

Sadly, I think those days are gone.

The good news is there’s still a corner of tech that is wildly undervalued.

Less than 0.25% of the world’s capital under management is in this area of tech. But the market is sleeping on this story.

As you’ll see below, that’s where your chance to profit comes in…

The Market Is Completely Missing This Opportunity