Sunday, April 25, 2010

ETF Rewind - Week 16 (4/23/10)

(Click Image to Enlarge/ ETF Rewind Glossary)

The market's eighth unabated weekly run higher left the S&P 500 up +2.1%, while the Russell 2000 advanced an even stronger +3.7%.  Many of the tracked indices are reaching the early stages of -- dare I say -- overbought status.  Again, without a news catalyst, this is just a heads up artifact of this market's persistent strength.  Week Seventeen of 2010 economic calendar features a Fed Rate Decision and the advance First Quarter Gross Domestic Product readings, as follows:
I hope you had a terrific weekend!

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Never Investment Advice: Prior Weekly Summaries: ETF Rotation Models

2 comments:

Steveo said...

Also suggest, if you want discourse, eliminate the "owner approval" on comments.

Sure I have had a few (2) nasty people stop by, but found that they could be easily controlled by simplistic comedian heckler policies, and if not, blocked....so go for it....let people post, and if you don't like it, tell them, if they continue, block them.

jgpietsch said...

Hi Steve, I'll look into Disqus, thank you for the recommendation. I encourage cross talk, just not promo and spam posts! I'm not based in Hawaii, but grew up there. Aloha, Jeff