Friday, February 7, 2020

Wall Street Melt Up Looks Like the Run Up Before The Dot Com Bust


U.S. stocks ‘Melt Up’ Looks Like The Final Leg Of Run Up That Happened Before The Dot-Com Crash

It seems like no matter the negative headlines including the disruptive and destructive  corona virus epidemic  stocks continue pushing higher.

Inspite of the Wuhan virus outbreak that threatens to  disrupt global supply chain and businesses in an unprecedented scale  , the benchmark the Wall Street  Index has not only regained its losses from its previous highs two weeks ago but have scaled new highs

The markets are ignoring the negative news but choose to place their faith in central bankers and its easy-money policies – like interest rate cuts and liquidity injections from the most powerful central banks in the world – only throwing  rocket fuel on the Melt Up in U.S. stocks.
The writing is on the wall, we might be reaching the late innings of this historic bull market, but the gains are accelerating. This is really looking like what happened in the late 1990s during the run-up to the dot-com peak.
Of course, a brutal bust followed the dot-com bubble... And the Fed is up to some of the same tricks again today. But most important, smart investors who followed the market higher – and got out at a good time – made a killing.
That's exactly what can happen again this time...
For the smart investors , make the  money and  retire,  it could be the final shot, the Melt Up is about to hit a dramatic turn.

All posts and charts are for educational and illustration purposes only

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