Chart of the Week – 5/29/2020
CLIMB EVERY MOUNTAIN
Here is a follow-up to our Chart of the Week last week regarding the NASDAQ. This first chart looks at May 1, 1997 through May 1, 2020 using monthly intervals. The rise in the NASDAQ Composite from late 1998 into 2000 and the subsequent fall from early 2000 into 2001 looks a bit like climbing up and then going back down a very steep mountain.