Schwab fund for tech stocks?

[palomalou]

Given the fall in NASDAQ in the last bit, is there a Schwab fund one might recommend for a buying opportunity? Vanguard doesn't seem to have one.

 

[brewer12345]

The fall has been about the little end of nothing. If you wish to do this sort of thing, I would wait for a real correction.

 

[aja8888]

It's been primarily a devaluing of the momentum stocks in tech and biotechnology that were, and still are, very overvalued (by Wall Street).

I was surprised it took this long for that to happen, and it's probably not done yet. (the hedge funds need to cash in those profits!).

 

[LOL!]

You don't like QQQ?

 

[rbmrtn]

Hasn't been much of a pull back yet. Most of the news is high PE momentum stocks taking a fall.

Schwab doesn't have a fund itself, there are some NTF funds. OTPIX is nasdaq-100 oriented from profunds, RYOCX is from rydex. You can check those on Morningstar.

There are also a number of tech sector funds, but tech is more than just NASDAQ... depends if you are looking for a NASDAQ index or a tech fund.