Comparison To SMH
Yesterday we looked to SMH in relation to where the price is compared to 2000. Today we are going to look at the NASDAQ Composite compared to its 2000 level. As our friend, Fred Meissner would say, this is a tale of two stocks.
The NASDAQ Composite has broken out from its 2000 level and is rocketing higher. The breakout above 2000 happened in 2016 when it cleared 5000 and never looked back.
Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!
Superstock Investor Newsletter
Published once a month. Get the big picture, what happened last month and predictions for the month ahead.
Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:
Get access to information from publications like:
Not a Subscriber?
Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..