As reported by a liberal rag...

https://finance.yahoo.com/amphtml/n...before-veteran-strategist-185506190.html

Nasdaq is 'moving faster than any train we've ever seen before': veteran strategist

Ines Ferré

July 10, 2020, 2:55 pm

The Nasdaq (^IXIC), which touched fresh highs earlier this week, is like “a train that is moving faster than any train we've ever seen before,” says one veteran strategist.

“This is a very very strong rally and it looks similar to what happened pre-Covid collapse, where the Nasdaq went up 11 days in a row,” James McDonald, CEO of Hercules Investments, told Yahoo Finance.

The tech heavy index has seen seven out of eight sessions advancing this month, with many of the FAANG names hitting new intraday highs earlier this week.

McDonald says companies like Apple (AAPL), Facebook (FB) , Amazon (AMZN), Alphabet (GOOGL) have been a “a flight to safety” as investors are “starting to see the risk coming into the market” with COVID-19 flare-ups. On Friday, Netflix (NFLX) touched fresh highs after Goldman Sachs increased its price target on the streaming service.

“In the early days of tech, tech was the risky area; now it’s the safe area, and those companies are going to continue to do well,” added McDonald.

People vote their wallets!

My 403B is about 2% lower that the January 1 value. I thought that was overvalued, so it is amazing to see it near that level again.
I am looking at early retirement so when President Trump wins his second term I will be celebrating. MAGA

Suck A$$ Charlie and his kind...Think people give a chit about Trumps Tax records or What his disgruntle sister Thinks and was paid millions to write a Fictional book about Trump...All people care about is ....Am I better off today than yesterday.....Go Trump

We might not like the answer to that question, presently.

I just hope if the Leftists try to sabotage the country again, we can expose their guilt before the election

After the convention I’m hopeful that Trump will come out firing with both barrels and hitting on all cylinders. He’s got a lot of ammunition in his arsenal.