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The NASDAQ keeps running Print
Written by Site admin   
Tuesday, 13 March 2018 16:50

 Way back, on the run up to the millenium, we had the tech boom. Add the word 'Internet' to any start up and away it went stock price rising into the stratosphere. Earnings, who needs earnings? You just needed the magic words, 'Internet start up' and the money cascaded in.

'It's different this time' was the cliche of the times, and it was - until it wasn't.

nqmonthly

Where are we now? In another tech boom, 1800+ points above the last peak in 2000.

The soon to be available, Nasdaq Trading course indicators with the FibFinder add on are suggesting the time might just be ripe for a top. Notice how the Colour Charts do a great job of defing the momentum trend runs, and changing colour when it's prudent to take profits. It'll be time to take cover when the next candles turn red.

nqdaily

 

From the blog

Think the Fed's Emergency Rate Cut is Proactive?

Think the Fed's Emergency Rate Cut is Proactive? Think Again.

As we all wait for the great man Donald to announce his "very, very, substantial relief" for the US economy, we wonder if the markets will take him at his word and buy the dip. So far, so good - today.

Back in 2012 it worked out for Mario Draghi's  " We will do whatever it takes..to preserve the Euro...". So will confidence return?

Take a look at this Elliott Wave International article, perhaps the Fed really is omnipotent?!

Read more...

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