For the First Time in Over 155 Years, the Stock Market May Be Headed Here -- and It's Not Good News for Investors
Key takeaways
- Over the last year alone, the stock market, driven by developments in artificial intelligence (AI), has surged almost 23%, with its ferocity drawing comparison to some of the strongest bull runs in market history.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- The stock market is currently trading near its most expensive valuation ever.
Over the last year alone, the stock market, driven by developments in artificial intelligence (AI), has surged almost 23%, with its ferocity drawing comparison to some of the strongest bull runs in market history.
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 »
The stock market is currently trading near its most expensive valuation ever. That s not an exaggeration. The last time the market was this richly valued, it was in the months preceding one of the ugliest crashes Wall Street has ever seen -- the dot-com debacle of the early 2000s.