Major Indexes Continue Record Surge The Nasdaq closed higher for the 10th straight week last Friday, the longest such streak in 20 years. During that time, it gained 21%. The panic and freefall during December are replaced by complacency and greed. It’s an Alfred E. Neuman type of market. “What, me worry?” Every major index […]
For anyone who is a first-time reader, it would certainly be a valuable exercise to review our prior two posts: “Parabolic Collapse for Stocks Dead Ahead? (https://markonomics101.com/2018/10/19/parabolic-collapse-for-stocks-dead-ahead/) and “Characteristics of Bear Market Rallies” (https://markonomics101.com/2018/10/17/characteristics-of-bear-market-rallies/).