From the March 2020 coronavirus-induced lows, the Nasdaq-100 jumped 84% over 163 days.
Dial it back a couple decades, and the index rose about 86% over 151 days.
The reasons for the explosive rally may be vastly different, but the paths are, indeed, strikingly similar.
“I don’t know, maybe it is just chance, but still awfully strange,” Kramer wrote. “I guess we are going to find out soon whether the similarities end there.”
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