Nasdaq Stock History
The stock market goes through ups and downs and performs well in some decades and not as well in other decades. The Nasdaq Stock History shows that the recent bubble looks rather similar to what occurred in the Dow back in 1929 to 1932.
Notice what happened in the 1920's and 1930's and compare that to what the Nasdaq has done since 1990. From 1924, when the Dow was around 100, until the Dow peaked in 1929 around 375 it appreciated near 275% over a 5 1/2 year period before crashing in late 1929 and losing 87% of its value from late 1929 through 1932. Meanwhile the Nasdaq which really started to take off in 1995, when it was near 1000 peaked in early 2000 just above 5100 and appreciated nearly 400% over the 5 year period before selling off severely as well and losing 78% of its value from 2000 through 2002.
If you compare the Nasdaq Chart History to that of the Dow in the 1920's to early 1930's they look very similar. Also notice what happened to the Dow after it finally bottomed in 1932. It was followed by a steady up trend through 1936.
As shown by the table below after the stock market crashed in 1929 the Dow suffered horrific losses from 1929-1932 but then had four consecutive up years from 1933-1936. Can the Nasdaq pull off a similar feat from 2003-2006 just like the Dow did after the stock market crash of 1929?
Year | Dow | Year | Nasdaq |
Return | Return | ||
1920 | -32.9% | 1990 | -17.8% |
1921 | 12.7% | 1991 | 56.8% |
1922 | 21.7% | 1992 | 15.5% |
1923 | -3.3% | 1993 | 14.7% |
1924 | 26.2% | 1994 | -3.2% |
1925 | 30.0% | 1995 | 39.9% |
1926 | 0.3% | 1996 | 22.7% |
1927 | 28.8% | 1997 | 21.6% |
1928 | 48.2% | 1998 | 39.6% |
1929 | -17.2% | 1999 | 85.6% |
1930 | -33.8% | 2000 | -39.3% |
1931 | -52.7% | 2001 | -21.1% |
1932 | -23.1% | 2002 | -31.5% |
1933 | 66.7% | 2003 | ? |
1934 | 4.1% | 2004 | ? |
1935 | 38.5% | 2205 | ? |
1936 | 24.8% | 2006 | ? |