Investors Are Still Buying Tech Companies Which Only Inflating The Stock Market Bubble Further

Holger Zchaepitz believes that the market for technology companies is heavily overbought. He gave an example by presenting graphs of the total global market capitalization. He claims that there is a bubble in the market for technology companies and expresses a concern that investors appear to ignore reports of the continuing pandemic.

Sven Henrich, a trader, agrees with him. He responded to Holger's tweet with a comment. Sven pointed out that this market is growing despite logic and looks like a miracle. It will probably end soon.

Also, some users noted this growth in tech stocks since the dot-com boom in 2000. At the same time, the concern begins to overwhelm.

Earlier, analysts had already begun to express their unrest about the unjustified growth of the S&P500 index, which includes shares of the largest companies by market capitalization of the technology sector.