Where's the Volatility?

We are more than halfway through 2017, in what I would have expected to be a volatile market environment -- but that volatility is nowhere to be found. For years, I've utilized a very simple method of measuring market volatility, that being the number of trading days that the S&P 500 closed up or down 1% or more. Perhaps that's a rather naïve method, but is beautifully simple to calculate and to understand.

In the 134 trading days so far in 2017, the S&P 500 has closed up or down at least 1% just four times: March 1, March 21, April 24, and May 17. By my count, during the same period last year, there were 39 "volatile" trading days. Once again, this is a great reminder that the market is full of surprises and has a mind of its own. Keep in mind that this is occurring in a rising interest rate environment (as orderly and telegraphed as it may be), and deeply divisive political environment, amid growing threats from North Korea. Yet the markets continue to shrug....281 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.