Chart of the Week Archive
Retail stocks had a strong holiday season, outpacing the broader market in the 4th quarter and for the full year.
The SPDR S&P Retail ETF (XRT) is up 16% in Q4 and 36% year-to-date. That compares to 6% and 13% respectively for the S&P 500.
According to the National Retail Federation, holiday sales were expected to grow 3.3% from last year for a total of $451 billion. In November, retail sales grew 6.8% over 2009.Continue Reading »
Investors have recently sold off municipal bonds and there could be more selling on the way.
On yesterday's U.S. television news magazine "60 Minutes", reporter Steve Kroft lead a segment that focused on the growing financial woes of state and local governments.Continue Reading »
Chipotle (CMG) and other midcap growth stocks have recently outpaced the broader market adding to their already impressive performance in 2010.
Despite today's 5% decline, Chipotle Mexican Grill is up nearly 160% in 2010, gaining 26 points since late October.Continue Reading »
The Dow Transportation Index hit a new high for the year on Friday as transport stocks continue to outperform the broader market in 2010.
The Dow Jones Transportation Average Index Fund (IYT) is up 25% on the year compared to plus 10% for the S&P 500.
IYT has benefited from its concentration in railroad stocks such as Union Pacific and Kansas City Southern which are up 43% and 6Continue Reading »
The dollar has enjoyed a comeback as market concerns over European debt has weakened the Euro.
The Euro began to decline against the dollar earlier this month as the Ireland debt crisis reemerged forcContinue Reading »
SalesForce.com (CRM) set an all time high on Friday after announcing third quarter earnings.
The sales force automation company's stock is up 83% year-to-date compared to a 7% gain for the broader market.
Even with a PE ratio of 200, SalesForce continues to exceed all expectations, growing revenue 30% and customer count by 27% in the latest quarter.Continue Reading »
After a steady rise through the summer, bonds have given up ground to stocks as investors react to US plans for quantitative easing.
Since August 16, the Barlcays Capital 20+ Year Treasury Bond Fund (TLT) has declined 10% with stocks rising 11% over the same time period.
The Federal Reserve's plan to introduce $600 billion into the economy has kept short term rates low.Continue Reading »
The materials sector has lead stocks higher in the most recent upswing that began in late August. The Materials Select Sector SPDR Fund (XLB), is up 15% since August 26 compared to 11% for the S&P 500 over the same time period. Top holdings for XLB include Freeport-McMoRan, DuPont, Dow Chemical and Newmont Mining. Freeport and Newmont have been helped by the strength in gold prices.Continue Reading »
Second quarter growth in Brazil exceeded all expectations with GDP expanding at 8.8% compared to the same period a year earlier.
According to the AP, the Brazilian Finance Ministry had forecast growth of between 0.5 percent and 1 percent for Q2.
Capital spending was a key driver of the economic expansion, up 26.5% from a year ago as Brazilian companies ramped up production to meet strong demand.Continue Reading »
Singapore's strong economy has resulted in a strong stock market even as US equities have weakened over the past few months.
The MSCI Singapore Index Fund (EWS) is up nearly 10% since March 1 compared to a 5% decline for the S&P 500 over the same time period.
Even as economists worry about the possiblity of a douple dip recession in the U.S. and Europe, Singapore's economic performance continues to exceed expectations.Continue Reading »
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