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The Stock Market May Be in Uncharted Territory Right Now, but History Still Has Good News for Investors
Key takeaways
- The S&P 500 (SNPINDEX: ^GSPC) is up nearly 77% over the past three years alone, as of this writing, while the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has soared by around 94% over the same period.
- Much of this growth can be attributed to large tech stocks.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
The S&P 500 (SNPINDEX: ^GSPC) is up nearly 77% over the past three years alone, as of this writing, while the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has soared by around 94% over the same period.
Much of this growth can be attributed to large tech stocks. The AI boom has driven up valuations, and massive companies now account for a historically large share of the market -- even more so than during the dot-com bubble of the early 2000s.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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