METV: Still Bullish As AI Steals The Tech Spotlight
Summary
- Microsoft surpasses Apple as the largest weight in the S&P 500, signaling the strength of the tech bull market.
- METV is designed to track the performance of the Metaverse and holds major tech stocks driving the S&P 500's gains.
- Despite its small size and concentration in tech-related industries, METV has performed well in 2023 and offers a favorable risk/reward play.
- I outline key price levels to watch heading into year-end.
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