Chart of the Week Archive
Oil Makes a Come Back
After a long decline, oil is gushing higher.
The decline began last summer when oil was trading above $145 a barrel. As the U.S. economic slowdown spread globally, demand for oil dried up driving the price to just a fraction of the former highs by mid-February.
Since then, oil has begun to bounce back as OPEC cut back production and massive economic stimulus actions in the U.S., China and U.K.
Continue Reading »India Election Ignites Stocks
The election in India signaled the potential for stronger economic growth and Indian stocks rose 23% on the news.
Prime Minister Manmohan Singh's victory was the biggest by any Indian politician in two decades, freeing him to form a government without needing the support of communist lawmakers who have blocked efforts to attract direct foreign investment.
Even before the election news, the WisdomTree India Earnings Fund (EPI) had signficantly
Continue Reading »Russia Rises from the Rubble
After starting the year in a very sharp decline, Russian stocks have rocketed ahead, far outpacing US equities.
The Market Vectors Russia ETF (RSX) is up 45% year-to-date compared to a nearly flat performance for the SPDR S&P 500 (SPY).
Russia has made a come back on strengthening commodity prices and RSX's top holdings Gazprom, LUKOIL
Continue Reading »Taiwan Takes Off
China's Shanghai market isn't the only one benefiting from its government's aggressive actions to restart the economy, Taiwan is gaining ground as well.
Since the March 9 bottom, the iShares MSCI Taiwan Index ETF (EWT) is up 51% compared to a gain of 33% for the SPDR S&P 500 (SPY) over the same time period. EWT tracks a cap-weighted index of the largest Taiwanese firms. Top holdings include T
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