Given the dismal market performances, one would not have expected such volatile stocks as technology and health care to lead the pack.
These, after all, are among the most volatile stocks trading today.
But I can tell you they will be volatile stocks if that happens.
Many current day traders try to anticipate short-term price moves in volatile stocks.
Nordstrom has been a volatile stock, probably the least predictable one I cover.
And investors who had bet on the volatile stocks of oil service companies took sizable losses.
They are volatile stocks with a lot of risk, too much risk for the average investor.
But it failed to matter, presumably because the active funds hold more volatile stocks.
As a result, they have little patience with the market and no desire to hold these volatile stocks.
Only during the vicious bear market in 1974 were stocks more volatile.