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Tesla Investor Day 2023: Silver lining or black cloud?
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Nvidia, Tesla up 18% in February! What are the TOP 20 stocks pulling up the S&P 500?

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To the Moo joined discussion · Mar 3, 2023 05:26
The S&P 500 experienced an overall pullback in February, with a monthly decline of 2.61%. However, there are surprises in the performance of some S&P 500 companies, with the most bullish stocks gaining 27.4% during the month!
Star companies like $NVIDIA(NVDA.US)$, $Tesla(TSLA.US)$ and $Meta Platforms(META.US)$ also continued their rebound trend, rising 18.83%, 18.76% and 17.43% respectively.
Nvidia, Tesla up 18% in February! What are the TOP 20 stocks pulling up the S&P 500?
In terms of market factors, technology stocks in the U.S. are still relatively low valuations at the moment, as they are still heavily depressed by the liquidity crunch and have had very large valuation retracements.
Even $Tesla(TSLA.US)$ and $NVIDIA(NVDA.US)$, which have rallied twice as much, does not seem expensive at this moment looking at the direction of technology and possible future growth expectations. If the intent is for long term, then these are potentially quality technology stocks.
If you are bullish on $Tesla(TSLA.US)$, $NVIDIA(NVDA.US)$ or other U.S. technology stocks but are torn by high stock prices, you can also choose the corresponding ETF to get on board.
ETFs do not require you to trade frequently and will rise in the long run as long as the index continues to move upward. During market downturn, you may use the dollar cost average approach to accumulate the ETF at a lower price. When the market rebound and form a "Smiling Curve", you may achieve a higher return.
[FNGU] MicroSectors FANG+ Index 3X Leveraged ETN $MicroSectors FANG+ Index 3X Leveraged ETN(FNGU.US)$
+65.2%^ YTD
This ETF contains 12.17% of Tesla as well as 9.99% of Apple, 8.55% of Nvidia, etc.
^YTD: Jan 3, 2023 - Mar 2, 2023
[TECL] DIREXION DAILY TECHNOLOGY BULL 3X SHARES $Direxion Daily Technology Bull 3X Shares ETF(TECL.US)$
+23.7%^ YTD
This ETF contains 18.95% of Apple and 17.52% of Microsoft.
[IYW] ISHARES U.S. TECHNOLOGY ETF $iShares US Technology ETF(IYW.US)$
+11.0%^ YTD
This ETF contains 18.27% of Apple, 15.54% of Microsoft and 5.4% of Nvidia.
[QQQM] INVESCO NASDAQ 100 ETF $Invesco NASDAQ 100 ETF(QQQM.US)$
+9.4%^ YTD
This ETF contains 12.21% of $Apple(AAPL.US)$, 4.27% of $NVIDIA(NVDA.US)$ and 4.12% of $Tesla(TSLA.US)$, among others.
Data: moomoo, Tech Equities ETFs with highest gains from 01 Jan 2023 - 28 Feb 2023, priced below USD 130.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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