2015 Q2 ends
S&P 500 2,063.11 +5.47 +0.27%
DOW 30 17,619.51 +23.16 +0.13%
NASDAQ 4,986.87 +28.40 +0.57%
Russell 2000 1,253.95 +7.20 +0.58%
S&P 500 is up 0.2% for 2015, while the Nasdaq is up 5.3% year-to-date as investors eye the latest headlines on the Greek debt crisis as the country faces a
midnight default deadline.
Stocks rebounded a bit from Monday’s losses to round out the first half of 2015. As you can see, the Dow and S&P are basically flat year-to-date, but the higher beta Nasdaq and Russell 2000 have posted pretty solid results:
Dow Jones: -1.1%
S&P 500: +0.2%
Russell 2000: +4.1%
There were several market headwinds in the first half of the year. The strong dollar hurt overseas revenues, plunging oil prices crushed the energy sector’s earnings, the Fed moved closer to raising interest rates, and, most recently, Greece debt problems reared its ugly head once again.
Despite all of this, equities were mostly positive through the first two quarters of the year… especially for tech and small caps.
Here is a cool little trade at the end of each quarter like TODAY… on the close …Last 3 minutes or so Sell calls or buy puts on the S&Ps and hold for 1 – 2 minutes and
sell just before the market close almost always works…set a calendar reminder.
It’s only good for a few handles so stockshakers usually go in with some size
Mar, June, Sept, Dec. it a timing trade.