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Nasdaq

Nasdaq: From Laggard To Leader

It had been a long lost decade and a half for investors in the Nasdaq (QQQ

It had been a long lost decade and a half for investors in the Nasdaq (QQQ). The Nasdaq posted a high of 4816.35 during the Dot Com Bubble and for 16 years the market could not get back to this level. In comparison, the S&P-500 (SPY) made an all-time high of 1552 in March of 2000, but the market blasted through that resistance in March of 2013. Since the S&P-500 SPY sits 35% above its highs made during the Dot Com Bubble, while the Nasdaq just took them out last month. All-time highs are not something to be scared of. The market is sending a loud and clear message to you that an expansion of the previous range is underway.

Despite the Nasdaq QQQ trading below its 2015 highs until just last month, a few Nasdaq components were able to buck the trend. Amazon (AMZN)…

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