The Nasdaq is almost a spitting distance from it's all time highs in the year 2000. The NASDAQ has had quite a run since the index had bottomed in 2009 during the financial crisis. To date, it has travelled 264% from the 2009 low. This has brought the index to where it is presently which is 12% from it's all time highs. The ride to this new level could become more volatile as investors who purchased in 2000 begin selling their positions as they break even.
But you have to be impressed with it's recovery since 2002. When the Dow Jones Industrial Average (DJIA) cratered 89% between 1929 and 1932, it took 25 years before it reclaimed its all time highs. The NASDAQ, even though it didn't reach those levels of destruction at 78%, may do it within 13 years
But you have to be impressed with it's recovery since 2002. When the Dow Jones Industrial Average (DJIA) cratered 89% between 1929 and 1932, it took 25 years before it reclaimed its all time highs. The NASDAQ, even though it didn't reach those levels of destruction at 78%, may do it within 13 years