S&P 500 (to 29 August 2002)
You will notice the marked difference between the Nasdaq 100 and the S&P 500. There was no bubble here, just a long durable bull run that has suffered some systemic shock and a decline in confidence, brought on by accounting techniques married to alleged fraudulent behaviour by some company directors.
When a market moves out of the bull channel (defined as the area between the two upward sloping lines), into the channel above, as is seen in the Nasdaq 100 chart, we a
The week on Risk.net, July 7-13, 2018Receive this by email