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NASDAQ 100 Moves Up to New Multi-Year High

NASDAQ 100 Moves Up to New Multi-Year High

2010-10-14 14:51:00
Thomas Long, Course Instructor
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This daily chart shows that the bull run which started early 2009 continues on through today. A strong US stock market means traders are more apt to take on additional risk seeking better returns. This has helped weaken the USD as traders move from the relative safety of short-term US Treasuries to riskier investments in other parts of the world. They sell the USD and buy a different currency to invest in a different market.

NASDAQ_100_body_69646d1287067212-chart-day-nas100-1014.png, NASDAQ 100 Moves Up to New Multi-Year High

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