This Time It's Different For The Nasdaq

The technology-heavy Nasdaq is a scary place to have your money these days. It is beginning to look like the last days of the dotcom bubble back in the early 2000s. Popular stocks are failing to make new highs, selling is in the news, and the “buying in the dips” strategy has been replaced by “selling in the peaks. “This marks a change from the last five years, when the Nasdaq was a good place to invest. The Invesco QQQ Trust had gained 102% compared to 51.10% of SPDR S&P 500. Popular stocks like NVIDIA Corporation, Netflix, Facebook, and Apple fared even better, gaining 1215.10%,  551.10%, 193.20%, and 195.50%respectively.Investors had been encouraged by analyst reports that confirmed the impetus behind these stocks. Sell-offs were rare and brief, and seen as an opportunity to acquire more shares in popular stocks.