On the S&P; 500’s trading range (via USA Today):
The daily trading range between the S&P; 500’s closing high and low the past six months has been just 4.4%, “which is narrower than any other six-month range in the history of the index,” Bespoke says. What’s more, Bespoke adds, the S&P; 500 still has not been up or down more than 3.5% on a year-to-date basis yet in 2015 (and) this is the first year in the index’s history where it was never up or down more than 4% at some point in the year.”
Source: Dorsey Wright, Price returns only, not inclusive of dividends, as of 8/18/15
However, it has been a different story from a sector perspective:
Source: iShares, Price returns only, not inclusive of dividends, as of 8/18/15
Past performance is no guarantee of future returns.
