Sunday, December 20, 2009

ETF Rewind - Week 51 (12/18/09)

(Click Image to Enlarge/ Glossary)

Dollar strength on the back of the FOMC's quantitative easing withdrawal time line left the S&P 500 (SPY) down -0.3% even as the less sensitive Russel 2000 (IWM) finished up +1.7%. In as much as currencies often trend, the US Dollar (UUP) is now overbought on multiple time frames -- perhaps a brief pause or pull back will offer year-end relief to equities. Meanwhile, holiday shortened week Fifty Two of 2009 features another busy economic calendar, including a Third Quarter GDP revision:
A Happy Holidays to all of my Market Rewind readers!

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Never Investment Advice: Prior Weekly Summaries

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