Posts Tagged ‘of Dot-Com’

Art Cashin: Tech Valuations Remind Me of Dot-Com Bubble

Thursday, October 31st, 2013


Wall Street is pushing Facebook, Apple and Amazon. Earnings and outlook for some of these tech companies aren’t looking good going forward, but some reason the stock price keeps going up.

The Nasdaq is probably on its last push upwards, but you never know it can go higher as the U.S Fed prints more money and injects it (manipulate) into the market.