Todays close:
NASDAQ 5-year return: +141%
The DOW 5- year return: +100%
S&P500 5-year return: +112%
Now after all the "carnage" and "fear" in the media.....
NASDAQ YTD: -2.6%
The DOW YTD: -1%
S&P500 YTD: 0%
The question should not be "What percent they are off the highs?" They are a bargain!
The question we would ask is "What percent are they off their lows?" They are Expensive!
What do you think?
