I Found a Bear Market Hiding in the Weirdest Place – Here's How to Profit
September 24, 2020 at 06:00 AM EDT
Tech stocks have been the most celebrated of this pandemic year. It's been tech that's kept us connected to friends, family, and colleagues. It's kept some of us working, and it's helped some of us find work. Tech has kept us clothed and fed. I'd go so far as to say modern tech has been the glue that's helped hold the country together since March. Ultimately, it'll be technology that gets us a vaccine or therapy in record time, which in turn gets the economy out of this mess and on track to a full recovery. In that sense, it's really a no-brainer that the tech-centric Nasdaq Composite has been outperforming this year, despite the economy. It took the Nasdaq 20 years to double from 5,000 to 10,000. But it was the first index to reach record highs after the March crash, shooting as high as 75% since then. For a $10 trillion index to turn in that performance in a year - after a crash ... Well, that's when you know it's got the "secret sauce." That's why it was so jarring to uncover - let's call it - the "Nasdaq's dirty secret." I found it when I was looking at some charts, researching some recommendations for my paid subscribers. And no, I'm not talking about the current correction underway. It turns out, there are a few skeletons in this closet. Skeletons that could jolt some unprepared investors. But for us, it adds up to some choice profit opportunities... Full Story The post I Found a Bear Market Hiding in the Weirdest Place – Here's How to Profit appeared first on Money Morning - We Make Investing Profitable . But for us, it adds up to some choice profit opportunities... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.