SOURCE: PEXELS SUMMARY: NASDAQ 100 is close to all-time highs. Investors are overly optimistic about the potential of big tech companies. Tech Stocks are overpriced and overbought at the moment. There is a potential of the second dot-com crash. NASDAQ 100 closed at 10,524.01 points on 08/07/2020. The tech rally has propelled NASDAQ 100 to near all-time highs. Entrepreneurs and investors are overly optimistic about the potential of tech companies. ,The euphoric attitude of the investors towards the tech companies is alarming. Wall Street’s obsession with the tech stocks at the moment is remi ..read more

Source: Pexels Summary: The total number of Covid-19 cases stands at 2,959,188 in U.S, highest in the world. U.S (GDP) decreased -5.0 percent in first quarter 2020. U.S unemployment rate at 11.1%. U.S goods and services deficit increased from $49.8 billion in April to $54.6 billion . Correction in the stock market is inevitable. The shock of the coronavirus pandemic caused stock market to crash in March, 2020. Despite, the surging number of Covid-19 cases, which stands at 2,959,188 (highest in the world) and dismal economic data, the stock market ,has recovered swiftly from the crash of Mar ..read more