Why 100k Nasdaq Is Possible
Let the chart speak for itself. Nasdaq has broken the upper supply line of the channel it has been trending in for years, a lot of bull runs will see 3 phases: steady growth, acceleration, and then the blow off top. To me it looks like we're just getting into the acceleration phase. Call me crazy, but this party could just be getting started.
Fundamentally, this also makes sense. Since Covid we have seen the shift into tech, and we know that is where a lot of the money will be going over the next few years. Combine that with UBI and massive money printing around the world and it almost seems inevitable.
Fundamentally, this also makes sense. Since Covid we have seen the shift into tech, and we know that is where a lot of the money will be going over the next few years. Combine that with UBI and massive money printing around the world and it almost seems inevitable.
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