Tech bubble that never burst

This article has a nifty chart that shows the progress of tech stock valuations beginning in November 2010 along with the constant warnings that the stocks were in a bubble.

https://www.nytimes.com/interactive/2022/04/19/technology/te…

The article concludes, “Few today are predicting a total collapse. A decade of talking about a bubble that never burst will do that.”

Whew! Now I feel better! The New York Times has thrown in the towel.

Tech stocks aren’t in a bubble. We’re all safe.

Right?

https://stockcharts.com/h-sc/ui?s=%24COMPQ
https://stockcharts.com/freecharts/yieldcurve.php

Wendy

2 Likes

Your chart shows that the Nasdaq is making a reverse head and shoulders pattern and that tech stocks are about to resume the infinite bubble they are in.

Taking into consideration the outlook for growth (GDP) in this country, a tech rebound looks promising.