Nasdaq Escapes Its Bear Market

  • Jason Goepfert

    Jason Goepfert

    Published: 2019-02-05 at 16:02:31 CDT

After falling into bear market territory, the Nasdaq Composite has ended it, at least according to two subjective metrics. The tech-heavy index has rallied 20% (rounded) from its low, and it has exceeded the 61.8% Fibonacci retracement of the decline, which it was not able to do in 2001 or 2008.

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