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Tech Stocks Have Done This Only 3 Times in 21 Years. Here's What Happened Next

Can tech's domination continue?

By Jason Hall – Sep 20, 2023 at 5:02AM EST

The Nasdaq 100 index is up an incredible 41.6% through Sept. 1 and has been a huge long-term winner. You can own a stake in it via the Invesco QQQ Trust (QQQ 1.71%). In this video, Motley Fool contributor Jason Hall explains what happened the last two times it was up so much so fast, and explains what investors should be focusing on now. 

*Stock prices used were from the morning of Sept. 19, 2023. The video was published on Sept. 19, 2023.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Jason Hall has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, and Microsoft. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Invesco QQQ Trust Stock Quote
Invesco QQQ Trust
NASDAQ: QQQ
$597.26
(-1.72%)-$10.43
Microsoft Stock Quote
Microsoft
NASDAQ: MSFT
$401.93
(-0.73%)-$2.95
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$303.57
(-1.66%)-$5.13
Apple Stock Quote
Apple
NASDAQ: AAPL
$255.77
(-1.93%)-$5.05
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$209.42
(-1.52%)-$3.23
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$303.21
(-1.69%)-$5.21

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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