what is wrong with the recent Nasdaq's new high?

Nasdaq is climbing back these days. but what is wrong with it? and what is wrong with those guys buying it? Do not they know that it will be long way for the transportation cost and supply chain to recover to normal? Moreover, the high inflation and energy&material cost soaring is on the way. Definitely will soar to the sky and FED will still play as the Ostrich burying head into the sands. Will give high credit to those guys buying Nasdaq now, they do have the great courage! laugh. Seems Wallstreet is always 6 months behind the date.

 

Look at the stocks that are pushing the index, that tells you what is happening.

 

I think BlackRock is buying as their CEO just said the stocks would go higher.

 

15133 HOD.

 

The top 8 stocks are the ones that move it.



Cramer loves laying claim to his coining of FANG (FAANG)

More accurate:
Amazon--Facebook-Apple-Tesla--Microsoft-Alphabet-Netflix
A FAT MAN
Not Cramer lol... just the index.

 

So I'm getting ready to do a presentation to a college Investment Club.

One of my key points is "The market doesn't care what you think." Just figure out what the market is trying to tell you.

 

where else to put money?

 

High energy cost is going to cause issues in some regions.

 

Another reminder - the most corrupt, poorest nations can make their stock market rise more than 1,000% in a year from printing currency. Powell has made millions in his personal broker acct from his printing binges.

 

Sheesh this MO FO is relentless.