Saturday, December 26, 2009

ETF Rewind - Week 52 (12/24/09)

 (Click Image to Enlarge/ Glossary)

A strong holiday shortened week left the S&P 500 (SPY) higher by +2.6% with the NASDAQ 100 (QQQQ) up a full +5.1%. While the Santa Clause rally may well carry us into the new decade, I would be remiss not to mention that the vast majority of tracked equity ETFs have now reached extreme short-term overbought levels. Of course, extended overbought readings are a frequent byproduct of powerful bull markets.

Meanwhile, abbreviated week Fifty Three of 2009 features the following economic calendar and rotation model selections (a new feature for 2010!):
A Happy Holidays & Wonderful New Year to all of my Market Rewind Readers!

If you are interested in a significantly more thorough version of this weekly summary, consider taking a look at Market Rewind's nightly ETF Rewind Pro service. In addition to coverage of nearly 200 ETFs across twelve major asset classes, you will find three model portfolios, daily market signals and commentary, pairs trading and various powerful portfolio management tools.

Never Investment Advice: Prior Weekly Summaries: ETF Rotation Models

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