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GX Social Media ETF
(NQ:
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Updated: 4:15 PM EDT, Nov 1, 2024
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These (more than) seven charts from the past week tell an interesting story about the markets and investing. Let's take a closer look.
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Heavy reliance on the tech sector led to a lackluster performance. But this does not mean that the entire sector is in lackluster shape. In fact, the latest dip can be used to buy some hidden gems.
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User growth for many established social media platforms has been slowing for years as these internet giants are simply running out of non-users in their addressable markets.
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