Seeking Alpha
The Roller Coaster Ride Of The Nasdaq: Big Drop Ahead?

The Roller Coaster Ride Of The Nasdaq: Big Drop Ahead?

Most of the major U.S. stock indices hit all-time highs recently. The Dow reached 18,288.63, the S&P 2117.39 - both of them records. But there's one that didn't quite break its high from 15 years ago… the Nasdaq.This leads us to one of the biggest questions we're looking at in the market: Are we going to see another tech bust like the one we saw in 2000?Mark Cuban came out recently and said that today's bubble in tech stocks is even worse than the dot-com bubble of 2000, with recent IPOs way overvalued and more illiquid than ever. And he's right - these companies are highly illiquid and hard to cash out of in bad times.As I explained recently, this bubble is not so different to the one prior. Sure, we have new contenders leading the charge - namely Apple (AAPL), Google (GOOGL) (GOOG), and Facebook… Read More …

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish