Is the NASDAQ over-valued now?

Given this pricey picture, it's a very good time to take a step back and get a read on just how over-valued the market might be. Historically ... What we have on our hands now is a wild bull running after he was penned up for 18 months during the earnings recession of 2015-2016. read more

To see whether Nasdaq is over-evaluated (overpriced) you have to evaluate all stocks traded listed on the Nasdaq and define in average whether the majority of stocks are over-priced. It would be also nice to take into account weighting when you calculate an average over-priced value of the listed stocks. read more

While the Nasdaq P/E was much higher, at the end of 1999 the S&P 500 flashed a scary trailing 12-month P/E multiple of over 29X. It had peaked even higher near 31X in July of that year. For wider context, the last six bull market tops actually all saw the S&P 500 trailing P/E ratio hit an average peak of 30X earnings. read more

Recently, the NASDAQ's (NASDAQ:QQQ) strong performance relative to the S&P 500 (NYSEARCA:SPY) has elicited claims that the NASDAQ is overvalued and is destined for a crash in the vein of the dotcom crash of 2000. read more