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The NASDAQ is up 15% for the year despite harrowing economic data. There are some signs that tech stocks could be in another bubble. But it’s also not hard to see why markets think they’re invincible. The NASDAQ Composite is up an incredible 15.73% for the last twelve months. Yes, these last twelve months. Imagine…
The Nasdaq has soared so much it is now to the point it was at the start of 2020. Tech giants like Amazon and Netflix have driven the Nasdaq higher as the coronavirus boosted their business. The tech stocks bubble is about to burst as tech companies are overvalued. After crashing 30% from its February…
Well this aged awkwardly. Last July, Jim Cramer admitted tech stocks “have some outrageous valuations,” but “it’s not like we’ve gone crazy.” Over the next seven months, the Nasdaq grew 18% – over a trillion dollars. But Jim Cramer is still cautiously bullish today. And most corporate businesses fear a harrowing recession ahead. Just when…
Following a quiet month, the Dow, S&P 500, and Nasdaq could all end October at record highs. However, a slew of economic data releases could inject renewed volatility into the market. Here’s what investors should look out for this week. The Dow sprang higher on Monday, as the US stock market’s three primary indices all…
