Chart of the Week Archive
The Dow Jones US Medical Devices Index has steadily recovered from its low at the beginning of July.
The performance continued last week as leading component Medtronic (MDT) issued a positive earnings report and confirmed guidance for the year.
iShares' Dow Jones U.S.Continue Reading »
As reported in ETF News, the small cap value index was the top performer for the month of July.
Small cap value ETFs benefited as evidenced by the accompanying chart of the SPDR DJ Wilshire Small Cap Value ETF (DSV).
Other Small Cap Value ETFs include the iShares S&P SmallCap 600 Value ETF (Continue Reading »
Despite continuing declines in the auto sector, the DJ Consumer Goods Index has steadily climbed back from its July low.
Strength in food & beverage as well as in personal and household goods have lead the sector higher.
Last week, Procter & Gamble issued a positive earnings report despite higher commodity prices. The earnings news drove PG's stock price up to levels not seen since April.
The Dow Jones U.S.Continue Reading »
The consolidation plays in Biotech have driven the index higher, making a good year even better for the industry.
Roche bid to increase its stake in Genentech to 100% and then Bristol Meyers Squibb followed suit with ImClone Systems.
The rush to consolidation drove the Dow Jones US Biotechnology Index higher through the middle of the week even though the industry had already outperformed YTD.Continue Reading »
Chart of the Week: