Country ETFs Flat While South Korea and South Africa Spike

by: MyPlanIQ

Last week, indices around the globe showed a more positive trend with only a few countries showing a negative trend.

South Korea sees a significant jump as its economy continues to look strong and is a major player in the non-BRIC growth economies. South Africa also continued with strong growth and is aligned with South Korea as a high growth emerging economy outside the BRIC club.

The balance of the other national economies were flat or modestly up as we rounded out the end of the year.

Spain continues to be a concern and it will likely take some time to work through the national debt concerns.

We will see if the upward trend continues early in 2011 -- this data can regularly be reviewed at the 360 Degree Market View.

Assets Class Symbols 12/31
Trend
Score
12/24
Trend
Score
Direction
South Korea EWY 18.02% 13.68% ^
South Africa EZA 18.0% 15.93% ^
Taiwan EWT 16.58% 13.5% ^
Austria EWO 15.63% 12.26% ^
Russia RSX 15.42% 15.55% v
Mexico EWW 14.94% 12.9% ^
Malaysia EWM 13.99% 11.11% ^
Canada EWC 11.28% 9.37% ^
Australia EWA 10.79% 9.33% ^
Switzerland EWL 10.66% 9.87% ^
Singapore EWS 10.08% 6.41% ^
Hong Kong EWH 9.86% 10.14% v
India INP 9.83% 8.91% ^
Japan EWJ 8.76% 6.95% ^
United Kingdom EWU 8.25% 7.42% ^
Germany EWG 7.92% 8.63% v
The Netherlands EWN 6.79% 3.66% ^
Brazil EWZ 5.39% 2.45% ^
France EWQ 4.06% 3.46% ^
Belgium EWK 4.05% 2.89% ^
China FXI 2.11% 0.62% ^
Italy EWI -0.82% -0.51% v
Spain EWP -5.58% -5.74% ^
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.