Tech IndustryMay 18, 2022
MongoDBmongodbnyc
How low will the Nasdaq go?
Currently $11.5k, hit $7.7k during the March 2020 COVID drop
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3k I’m guessing. That’s where we would have been if not for QE
Hopefully back to those covid levels lol
Many stocks already back to those levels lol
But the blue chips(Msft, Apple etc) and indexes aren't. They're what matters to me
March 2020 price + 20%. That will put QQQ at around 280. That will be really a strong support to break and stay lower.
QQQ should reach $110. Around the peak of 2000 tech bubble burst.
Give the 0 option to blinder that are panic all the time please