Investors are all-in on US technology funds: Tech sector ETFs have attracted a whopping +$27 billion in cumulative inflows since the S&P 500 low on March 30th. Over the same period, all other sectors combined have seen -$4.0 billion in outflows. Since mid-April, inflows into tech funds have TRIPLED. The Nasdaq 100 ETF, QQQ, alone attracted +$15 billion in combined inflows in April and May. The largest outflows were recorded in financials and healthcare sectors. Investors are buying tech at an unprecedented pace.(The Kobeissi Letter)