With The NASDAQ continuing to outperform the general market, we compare its performance to the S&P500. Our diagram plotting the ratio of NASDAQ to S&P500 prices reveals its recent acceleration. It is now at its highest level since the dot-com surge that preceded the 2000 market top. Indeed the NASDAQ has led this market’s increases from its 2009 low.
DJIA -.41 percent
NASDAQ .30 percent
S&P500 -.02 percent