Some background on Charles H. Dow (of Dow Jones & Co. fame) in an article by Tim Wood. Tim is a guy who appears regularly on the Financial Sense Newshour broadcasts and has spent a lot of time studying Dow Theory and stock market cycles. In, "Who was Charles H. Dow?", Tim gives us a bit of background on a man who helped shape financial journalism and whose writings on market movements formed the basis of what came to be known as "Dow's Theory". Good info for us youngsters.
With all the recent talk of a new bubble in the making, thanks in part to the Yellen Fed's continued easy money stance , I thought it'd be instructive to revisit our previous stock market bubble - in one quick chart. So here's what a real stock market bubble looks like. Here's what a bubble *really* looks like. InfoSpace in 1999-2001. $QQQ $BCOR pic.twitter.com/xjsMk433H7 — David Shvartsman (@FinanceTrends) February 24, 2015 For those of you who are a little too young to recall it, this is a chart of InfoSpace at the height of the Nasdaq dot-com bubble in 1999-2001. This fallen angel soared to fantastic heights only to plummet back down to earth as the bubble, and InfoSpace's shady business plan , turned to rubble. As detailed in our post, " Round trip stocks: Momentum booms and busts ", InfoSpace rocketed from under $100 a share to over $1,300 a share in less than six months. In a pattern common to many parabolic shooting stars, the s