The best thing about dipping our toes into the third quarter is that we can now relish the amazing run the equity markets had during the second quarter. Mutual funds will enjoy updating their trailing performances. Investors who are long the market will not open their brokerage statements with dread.
Among the major indices, the real action took place in the tech-stacked secondary markets. The Nasdaq Composite's 20% gain during the quarter nearly doubled the 11% return for the Dow Jones Industrial Average.
The biggest winners were all over the map, so let's take a look at the quarter's biggest gainers within the Nasdaq 100.
Stock
Return
Wynn Resorts (Nasdaq: WYNN)
77%
Seagate (Nasdaq: STX)
74%
Liberty Media (Nasdaq: LINTA)
73%
Intuitive Surgical (Nasdaq: ISRG)
72%
Baidu (Nasdaq: BIDU) Continued...