September 3, 2006
Best & Worst Relative Performance — Four Weeks Ending Sep. 1, 2006
It’s pretty clear when you look at relative performance over the last four weeks that a lot of money has been flowing into Tech / Telecom / Biotech:
And out of Energies / Gold / Financials … a classic rotation from winners to losers.
Cat: | Time: 9:25 am (utc+8)
September 5th, 2006 at 8:58 pm
Hi CM, it doesn’t look like the shift you mention here into tech/telecom/biotech is reflected in the ETF tables in the previous post where those sectors are still showing with comment DOWN since.. are using different ‘parameters’ for those tables?
September 5th, 2006 at 10:42 pm
Eyal: The ETF trend in the performance tables is based on the weekly charts and it takes quite a reversal to get the trend to shift up… but you’ll note that the IWM shifted last week (and the XLK is on the verge of flipping as well).
September 5th, 2006 at 11:09 pm
OK. Thanks.