Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Nasdaq Now More Overbought Than At 2000 Bubble Peak

Tuesday, February 21, 2017 11:21
% of readers think this story is Fact. Add your two cents.

Sometimes you just have to laugh…

Minneapolis Fed’s Neel Kashkari said earlier

“we are keeping our eyes open for asset prices to try to look for signs of bubbles” but admitted that it is “very hard to see asset bubbles in advance.”

Indeed it must be… if your salary depends on it.

The S&P 500 has now gone a stunning 50 days without a 1% swing…

The S&P 500 Tech Sector has gone a record 14 days without a single loss…

And the NASDAQ 100 index is now at its most overbought since 1992 – most notably more overbought than at the peak of the dotcom bubble in 2000…

Hey, Neel, do you see the bubble now?

How about now?

But don’t worry, earnings expectations must be soaring to support this exuberance, right?


Finally, as Bloomberg’s Cameron ‘macroman’ Crise notes, if you’re looking for another reason to get bearish US equities, try this: the ratio of equity to bond returns is approaching all-time highs in data going back 29 years.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.