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ETF Rewind - Week 2 (1/15/10)
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The majority of tracked ETFs ended the second week of the year lower on Friday's options expiration rout, including the S&P 500 (SPY), down -0.8%. Bucking the move were the "Safety Sectors," including Utilities (XLU), Consumer Staples (XLP) and Healthcare (XLH), Large-Cap Value (PWV +0.2%) stocks, and long-dated Treasuries (TLT +2.0%).
Have a terrific long 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
Read more: http://www.marketrewind.blogspot.com/#ixzz0czG5IsIz
