The always excellent Bespoke Investment Group, put out an excellent chart showing the performance in Q1 of many of the major ETFs. For the S&P 500 it was the best first quarter since 1998, edging out 2010's Q1 with a gain of nearly 5 and a half percent. Mid caps (my sweet spot) and small caps continue to outperform. No surprise was the massive outperformance in silver and energy.... but Italy? Who knew?
On the downside, we noted what a rough start to the year India had - it has since recovered some in the past month, but thus far 2011 has been a struggle. Nat gas continues in its multi year bear market.
[click to enlarge]
Friday, April 1, 2011
Bespoke: Chart of ETF Performance in Q1 2011; Go Italia
Best Of FMMF
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows