The Rise and Fall of the NASDAQ

Dan Niles: I thought the rally would peak out at 4,200 on the S&P. It's obviously gone well beyond that driven by Nvidia. Goldman Sachs is looking to end its credit card partnership with the tech giant and it's in talks with American Express to take over its Apple card business. Dr. Gensam: Be careful because what you've seen so far, Accenters, S&P, Micron, all very large, important companies, numbers went down after they reported.