FYI: This is the week where most traders and PMs are out of the office during the summer, and it was a good one to take off for those that did! Below is a look at the carnage through our key ETF matrix covering most asset classes.
As shown, the S&P 500 SPY ETF fell 5.63% on the week, but it wasn’t to be outdone by the Nasdaq 100 (QQQ), which fell 7.16%. For the year, the QQQs are now down 0.64%, while the Dow 30 (DIA) is down 7.54%!
Regards,
Ted
http://www.bespokepremium.com/think-big/
