NASDAQ sets a new intraday high above the March peak

BTW, NASDAQ just set a new intraday high of 4,372.86, above the near-term March intraday high of 4,371. Not terribly meaningful, but these things can have psychological effects.

 

The real bottom line is that NASDAQ is showing a lot more resilience than people have been giving it credit for. Get ready to hear people chattering again about "a bubble."

 

-- Jack Krupansky