The Melt-Up

Over the past 10 years the Nasdaq 100 is up almost 20% per year. From the March 2009 lows, the Qs are up 22% per year! That’s more than a decade and a half with annual returns that would make Warren Buffett blush. This has been a magical bull market run. We all know why. The 10 biggest stocks now make up more than 50% of the index. You know the names. Obviously, the bubble talk is at a fever pitch right now. Bubbles...