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Rob Isbitts

This 1 Chart Indicator Tells Us It Could Be 1999 All Over Again… and the Dot-Com Crash Comes Next

The Sopranos first aired on television. The Blair Witch Project was in theaters. Y2K scared us, but it was just fine. And this new music-sharing service started. It was called Napster. This was 1999. And while we were entertained by all of those pop culture happenings, the main event was the stock market.

The Invesco Nasdaq 100 ETF (QQQ) was the center of attention, just as it is today. Some of the businesses leading it back then are still around. Some are among the Magnificent 7 stock giants. Others are simply still in business. And many others are defunct.

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