It was widely noted yesterday that the NASDAQ (NASDAQ: .IXIC) has been up 10 days in a row, but several other indicators seem a bit stretched as well. By “stretched” I mean many big indices are far above their 50-day moving averages. Typically, when these indices get too far from that average, there is a Read More
February 2015
The rise in tech stocks in 1999 and 2000 was the biggest bubble “any of us will experience in our lives,” billionaire Jeff Vinik told CNBC on Wednesday. With the Nasdaq Composite (NASDAQ: .IXIC) at 15-year highs again and the Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and the S&P 500 (INDEX: .SPX) Read More
Stocks were mixed at midday Tuesday as the Dow (^DJI) and S&P 500 (^GSPC) touched new highs and chatter grew louder about “Nasdaq 5000 (^IXIC).” If things stay the way they are (more or less) right now, today will not be the day to pop the champagne over the Nasdaq. Yahoo Finance’s Jeff Macke says Read More
It has taken an amazing 15 years for the Nasdaq (NASDAQ: .IXIC) to reach new highs, and now Jim Cramer is hearing chatter of a new bubble forming. So, what? “First, let me just say that it does your career no harm to call this move a bubble. If the market implodes, you look like Read More
Stocks are flatter than the Oscar telecast this morning as investors continue to play out the clock in what is turning out to be a sneakily huge February. Here’s what you need to know as we get cranking up on a Tuesday: 1. Stocks were lower yesterday except for the Nasdaq (^IXIC) which inched slightly Read More
The market isn’t as frothy as it was in 2000, but it’s very expensive comp_0224 MA MB MC MD ME MG MP MZ ZG ZQ ZR ZS ZT ZU Though the NASDAQ Composite (^IXIC) has finally clawed its way back to the 5,000 level it hit at the top the Internet bubble in March 2000, Read More
By Wayne Cole SYDNEY (Reuters) – Asian share markets crept higher on Tuesday as Tokyo scored another 15-year peak, though gains were hostage to what Federal Reserve Chair Janet Yellen might say later in the day about the likely lift-off date for U.S. rate hikes. Moves were mostly modest and MSCI’s broadest index of Asia-Pacific Read More
It has taken an amazing 15 years for the Nasdaq (.IXIC) to reach new highs, and now Jim Cramer is hearing chatter of a new bubble forming. So, what? “First, let me just say that it does your career no harm to call this move a bubble. If the market implodes, Read More
By Wayne Cole SYDNEY (Reuters) – Caution shrouded Asian markets on Tuesday as investors fretted over what Federal Reserve Chair Janet Yellen might say on the likely lift-off date for policy tightening later in the session. Moves were marginal at best and MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> inched down 0.1 percent. Read More
By Caroline Valetkevitch NEW YORK (Reuters) – The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple <AAPL.O>, while the Dow and S&P 500 eased off recent record highs as lower oil prices dragged down energy shares. Nasdaq’s winning run was its longest since September 2010, putting the index closer Read More