Tuesday 1 November 2011

[10.9] S&P Sector ETF

In the blog news, there is an article on sector ETF and the best performing ETF were:-
Industrial, Energy & Utilities.

Here is a table of the popularly traded sector ETF:

Sector
GDX
Market Vectors Trust Market Vectors Gold Miners
SMH
Semiconductor HOLDRS
XLB
Select Sector SPDR Materials
XLE
Select Sector SPDR Energy
XLF
Select Sector SPDR Financial
XLI
Select Sector SPDR Industrial
XLK
Select Sector SPDR Technology
XLU
Select Sector SPDR Utilities
XLV
Select Sector SPDR Health Care
XLY
Select Sector SPDR Consumer Discretionary
XRT
SPDR S&P Retail


The Perfchart of the sector ETF for past 3 months’ performance

Utilities and Consumer are the leaders


The Perfchart of the sector ETF for last month
Energy and Financial are the leaders
{charts extracted from stockcharts.com, under free charts}

Let us look at some charts
Utilities and Energy are showing strong uptrend



Whereas Financial looks like downtrend rebound


So folks, before you do your selection, do check out the charts first. Analysis reports and performance charts may look attractive but still the charts tell the best stories.

You may also like to look at consumer

I prefer uptrending charts like XLE, XLU or XLY. All these have crossed above the 200 day MA.
XLF, XLB, XLI have a strong rebound but still below the 200 day MA.
My take is the chart that has moved high and above 200 DMA will move higher at a quicker pace compared to those charts that are downtrend rebound and still not reached the 200 DMA yet.
The charts tell which are the best performers.


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