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Midday Musings: It May Be Too Late on Tech
The Nasdaq Composite was softening at midday but its recent relative strength has (finally) caught the attention of pundits and market watchers.
"The central debate in the market right now is whether it is too early to move back into tech," The Wall Street Journal reported this morning.
Actually, I contend that the central debate is whether it is too late to move back into tech, given the Comp's more than 35% gain since its September lows and more recent 12.4% gain since Feb. 21. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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