NASDAQ not dotcom bubble but brittle, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 126:  A rise in the NASDAQ was not unexpected after the recent Greek drama pullback but I also question whether it’s sustainable.  This is not a dotcom bubble because the players have real revenue and the vast majority have well established profits.

But the recent rise is largely due to a handful of large players, while the overall Russell 2000 index is struggling to maintain its 50 dma.  This isn’t necessarily a bubble but don’t expect the valuations to keep expanding.

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