div > div.group > p:first-child"> The tech-heavy index is down 2 percent since Monday, coming off its longest weekly winning stretch since December 1999. That run preceded the dot-com bust just months afterward, a wave of selling that swept tech stocks from highs.
In the past eight 10-week win streaks for the Nasdaq, the index was up an average 4.4 percent in the following 12 months. Stripping out the 2000 dot-com bust, the Nasdaq was up an average 10 percent in the 12 months afterward. "These streaks that we're talking about really do suggest to us that this bull market is alive and well and new highs in the S&P and Nasdaq in the second half of this year," said Detrick.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nasdaq could snap since longest win streak since dot-com bust, but that's not a bad thingNasdaq's streak, even if it ends, may be a bullish sign for the broader stock market, strategist Ryan Detrick says.
Source: CNBC - 🏆 12. / 72 Read more »
Shanghai Stock Exchange says China's planned tech board now in 'sprint stage'China's proposed Nasdaq-style technology board has entered a 'sprint&q...
Source: Reuters - 🏆 2. / 97 Read more »
Spokesman for former House speaker Paul Ryan to lead Hogan’s communications officeMichael Ricci joins the Maryland governor’s administration next week as its director of communications. First order of business is to remove Hogan’s spine . His specialty is 'I haven't seen that tweet'.
Source: washingtonpost - 🏆 95. / 72 Read more »
Alabama man suing abortion clinic on behalf of his girlfriend's unborn fetusRyan Magers claims he pleaded with his girlfriend to not have the abortion. This Alabama man should sue himself. What did he to to cause his girlfriend to have an UNWANTED fetus? Was he abusive? Did he tell her that he wouldn't support his new family? How does he have grounds to sue for a harm not done to him? She had an abortion at 6 weeks. It was an embryo, not a fetus. Was Maggers willing to have the fetus implanted onto his intestines -- or was he going to insist that a woman be forced to be an incubator so that he could feel like a 'real man'?
Source: Newsweek - 🏆 468. / 52 Read more »
MoviePass closes up its Los Angeles office after firing its business development teamFollowing layoffs, MoviePass closes up its Los Angeles office as the company continues to tailspin after being delisted from the Nasdaq. One of my failed investments. I always failed to see a sound business model in MoviePass. I guess they didn't. BETTING THAT MoviePass LOSERS ARE MOVING INTO RANDALL EMMETT'S EXECUTIVE OFFICES WHICH USE TO BE SUGE KNIGHTS OLD OFFICE. CRIMINAL TED FARNSWORTH CAN ONLY OPERATE WITH OTHER CRIMINALS. ALL OF $HMNY LINKS ARE ALL CRIMINALS. 8200 WILSHIRE BLVD. BEVERLY HILLS IS NEW HQ 4 CRIMINALS
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks set to open lower | Jobs Friday is here | China supports HuaweiFutures are pointing to yet another lower open for stocks, as the Dow, S&P 500, and Nasdaq finish what's tracking to be their worst week of 2019.
Source: CNBC - 🏆 12. / 72 Read more »
$57 Million Penthouse Listed By Formula One Star Lewis HamiltonYou can live in the same building as Meg Ryan, Jake Gyllenhaal, Bella Hadid and The Weeknd, and Justin Timberlake and Jessica Biel—for $57 million Wow! What a house. What a bargain. Soign me op.
Source: Forbes - 🏆 394. / 53 Read more »
Review: ‘Captain Marvel’ and Brie Larson boost the MCU to even greater heightsReview: Marvel's 'Captain Marvel' is finally here, and thanks to star Brie Larson and directors Anna Boden and Ryan Fleck, it is definitely worth the wait. Well done! 👍 I watched with pleasure. 👍 brielarson you should see this it’s amazing how heartwarming CaptainMarvel Excuse me Miss how did you become CEO of your company? I did not study and I watched a fantasy movie. Plus Black Widow is a BETTER MARVEL character for women than Captain marvel
Source: latimes - 🏆 11. / 82 Read more »