Weekly ETF Rewind: Volatility Reintroduced

In spite of the late week Dubai World-induced rout, equities put in a mixed performance depending where you looked, and losses were well contained on balance.

(Click Image to Enlarge/ Glossary)

For instance, even as the majors finished marginally lower (SPY -0.2%), the "Safety Trade" Large-Cap Style Stocks (PWV +0.5%), Utilities (XLU +1.3%), Consumer Staples (XLP +0.1%) and Healthcare (XLH +2.0%) Sectors edged higher.

In that regard, the shift of money flow over the last month away from the riskier Small-Cap (IWM) and Emerging Market (EEM) arenas has become increasingly pronounced. With volatility reintroduced and an increasing reliance on the large internationals to carry the major indices higher, it will be curious to see whether any dollar follow-through on last week's news places a cap on equities going into the Friday job numbers.

Week Forty-Nine of 2009 features another extremely busy economic calendar:

• Yahoo! - U.S. Economic Calendar
• Yahoo! - U.S. Earnings Calendar

I hope that you had a very Happy Thanksgiving weekend.

Click to enlarge:

Disclosure: Never Investment Advice

Comments

[TheFounder]

Dubai reminds us that bankers still made many bad loans even recently, and hundreds of billions of bad debt is sitting out there with maturities at 2010, 2011 and 2012.

2009 Nov 30 05:08 AM

[tipalia]

we knew that TheFounder and banks are not done making bad loans. As long as you will have bonuses and share options you will
have greedy people thinking short term at the expenses of the shareholders and taxpayers. Bonuses based on each year perfomances are the recipes for long term disasters .

2009 Nov 30 10:12 AM

[SeekingTruth]

Would be helpful to me if you would rewrite your Risk/Reward indicator glossary explanation to include an example along with some different and expanded verbiage. Thanks

2009 Nov 30 01:56 PM

[PCScipio]

Why does this article make it into the CEF section week after week? It has nothing to do with CEFs!

2009 Dec 01 09:54 PM