A stock market gift right under your nose

INVESTORS do not know what to make of the US stock market today. Like being on a roller coaster, they are thrilled by the recent rise in shares, but dread the drop which may come next.

In their bewilderment, they may miss a great gift the stock market has created.

For context, Nasdaq Composite Index (INDEX: .IXIC) has rallied by nearly 33 per cent for the first half of this year, clocking its biggest gain since 1983. This run comes as a huge relief after the bellwether technology index suffered a similar-sized decline last year.