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If you've been following the logic of the markets lately, it's telling us a coronavirus vaccine is bad news for tech stocks.
The Dow rallied over 1,000 points on the news that Pfizer (NYSE: PFE) has announced its COVID-19 vaccine is more than 90% effective.
But the tech-heavy Nasdaq is down 2% on the week.
Many stay-at-home stocks like Zoom (NASDAQ: ZM) and Peloton Interactive (NASDAQ: PTON) stumbled on the news and are down double digits on the hopes of returning to normal life.
Zoom plunged over 25% by mid-week.
Many have compared the current run in tech stocks to the Dot-com bubble.
Excessive speculation on internet companies drove share prices up until the market peaked in early 2000, then the whole thing came crumbling down.
I'm here to tell you this is not the case today.
Far from it.
And it's giving us the opportunity to invest in some of the best tech stocks on the planet for absurd discounts.