Sunday, July 31, 2016

NDX (Nasdaq 100) Weekly Chart Printing 16-Year Highs

The NDX closes at 4730.23 a new record closing high above the closing high from 3/27/00 at 4704.73. The all-time high is 4816.35 from 3/24/00. The power of the central bankers is truly astounding. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 8:25 AM EST on Tuesday, 8/2/16: The NDX prints a new 16-year high at 4767.24 and new 16-year closing high at 4756.04. AAPL, GOOGL, MSFT and AMZN are the four largest stocks in market capitalization and all are tech stocks. The all-time high is 4816.35 so price is less than 50 points away. If the NDX prints a new all-time high, seven trumpets will sound.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.