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September 01, 2020 10:27am
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Worry-Free Wednesday – Nothing Stops the Nasdaq

Just a quick blip down . That's all we got yesterday on the Nasdaq as the Russell fell 1.5% and the Dow droped 500 points but the Nasdaq shot right back up and went on to even higher highs, now sitting very close to 15,000 – 200% higher than it was in the Dot Com crash and 100% over last year's low.  Jeff Bezos has gone along for that ride and he's once again the World's Richest Man at $211Bn after gaining $8.4Bn yesterday as Amazon (AMZN) fueled the Nasdaq rally after the Pentagon reversed a decision to give Microsoft (MSFT) a $10Bn military contract for cloud computing ..   Does it make any sense at all that Amazon MAYBE winning a $10bn contract should go right into Jeff Bezos' pocket?   IN PROGRESS  

Just a quick blip down.

That's all we got yesterday on the Nasdaq as the Russell fell 1.5% and the Dow droped 500 points but the Nasdaq shot right back up and went on to even higher highs, now sitting very close to 15,000 – 200% higher than it was in the Dot Com crash and 100% over last year's low.  Jeff Bezos has gone along for that ride and he's once again the World's Richest Man at $211Bn after gaining $8.4Bn yesterday as Amazon (AMZN) fueled the Nasdaq rally after the Pentagon reversed a decision to give Microsoft (MSFT) a $10Bn military contract for cloud computing..  

Does it make any sense at all that Amazon MAYBE winning a $10bn contract should go right into Jeff Bezos' pocket?

 

IN PROGRESS

 

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