A BULL SOMEWHERE
Some guy on TV always says "there is always a bull market somewhere and I promise to find it for you." Well so far 2008 proving to be a difficult year for anyone who likes reversion to the mean trading. So far, pretty straight down but its early. Anyhow, thought this was pretty interesting for the Bull Market of 2008:
HUI +16.1%
GLD +7.4%
SLV +9.4%
GDX +14.4%
IBB+2.3%
AMGN +2.5%
DRG +4.7%
PFE +5.7%
JNJ+1.8%
MRK+4.2%
SGP +4.1%
XLE -4.7%
OIH -4.9%
XTO +6.7%
MER +1.9%
The Bad:
NDX-8.3%
COMPQ -8%
SPX -4.6%
DJIA -5%
SMALL VALUE -8.8%
SMALL GROWTH -7.1%
LARGE VALUE -3.3%
LARGE GROWTH -5.8%
THE UGLY:
SMH -13.1%
MSH -10.1%
AAPL -12.8%
BIDU -15.5%
CME -10%
ICE -10.1%
MGM -13.2%
LVS-18.2%
HGX -13.5%
RLX -10.6%
TRAN-8.4%
Foreign ETF's:
EWA -4%
EFA-4.3%
EWH -1.2%
FXI FLAT
EEB-1.7%
EWZ -1.8%
The brokers (-7.7%) and banks (-5.1%), supposedly the authors of this fiasco, not so horrible in light of the tech wreck. Emerging markets also holding fairly well. Next week, another 5 days of trading so we will see what it brings.
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