...the BAD news - despite, our ASX ain't getting the love, but when Wall St party ends, we're likely to be collateral damage.
...hence poor risk-reward.
BREAKING: The Nasdaq Composite index is officially up 30% from its October 2023 low.
That's a 30% gain in 5 months or an average of 6% per month since October.
To put this in perspective, the median ANNUAL return for the S&P 500 is 10%.
This means that the Nasdaq has TRIPLED the median S&P 500 return in just 5 months.
The top 10% of stocks in the S&P 500 also now reflect 75% of the index. Tech stocks have never been more powerful.
