Saturday, March 13, 2010

ETF Rewind - Week 10 (3/12/10)


(Click Image to Enlarge/ ETF Rewind Glossary)

Did I say the market looked extended last week?  The S&P 500 finished the week higher by +1.1%, and equities have now put in their strongest continuous mark-up in years -- take a look at that RSI chart below!  As far as we have come, there is strong evidence that this move has even more room to run.  Week Eleven of 2010 includes a heavier economic reporting calendar featuring an FOMC announcement, as follows:
Have a terrific weekend!

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

1 comment:

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