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The Nasdaq Composite is only 15% away from its blow off top during the internet bubble of 99/2000. To put that in perspective of how long that might take, The Nasdaq has rallied 9% in the last 2 weeks. Meaning the Nasdaq could make new all time highs next month at this rate………….
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Here is a stock that went public 4 months ago and has already doubled. Its a deal website for moms and babies…. |
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Nasdaq Biotech ETF, up 380% since 2009. |
It seems the healthcare sector is in the process of blowing a bubble. Here are a few of the stocks that have gone parabolic… multiple stocks that have doubled and tripled in a few months without even the slightest downtick...