That may have felt like a blow-off top, but don’t get spooked into a portfolio makeover
October 30, 2017 at 04:57 AM EDT
Back in the go-go days of the dot-com boom, the Nasdaq outperforming the Dow industrials was more the rule than the exception, as Cisco, Intel and a lineup of other tech giants inflated the massive bubble that would soon burst. Friday’s session was a bit of a throwback. But was it also a blow-off top?