How ASX tech investors can ride the resurgent Nasdaq share boom

Do you remember when the reemergence of long-absent inflation was going to tank blue chip technology shares? When government bond yields were rising and suddenly these high growth, mega-cap tech shares looked overvalued?

Of course you do. It was only a matter of days ago.

Investors fearing an imminent rise in interest rates fled some of the world’s best know tech shares. And in less than a month, from 12 February through to 8 March, the tech-heavy Nasdaq-100 (INDEXNASDAQ: NDX) plummeted 11%, putting it into technical correction territory.

Now there have only been 3 trading days in US markets since the closing bell on 8 March. And in those 3 days, the Nasdaq-100 (which contains 100 of the largest technology-related shares on…