ETF Rewind – Week 52 (12/31/10) & Year-End

(Click Image to Enlarge/ ETF Rewind Glossary)

The major U.S. indices finished mixed on the last week of the year, with the S&P 500 (SPY) posting a slight +0.1% gain.  Volume was unsurprisingly the weakest of 2010, causing wild oscillations towards the end of the atypical full pre-holiday Friday session.

Looking ahead, Dollar weakness has the UUP as short-term oversold as Emerging Markets (EEM) are now overbought, with RSI-2′s of 1 and 98, respectively.  By the end of January, ETF Prophet will be hosting these statistics on a live daily basis!

The first week of the New Year's economic calendar features Auto Sales, release of the December FOMC Minutes, and the Monthly Jobs Report, as follows:

• Global Economic Calendar
• U.S. Earnings Calendar
• Historical Market Analogues
• ETF Rotation Models [Custom]

Best New Year wishes for us all!

December Year-End Summary

The month of December recorded dramatic across-the-board gains for the S&P 500, Dow Jones Industrials and NASDAQ 100 cash indices of +6.53%, +5.19% and +4.75%, respectively. This left the indices higher by +12.78%, +11.02% and +19.22% for the year, excluding dividends.  Style and sector performances at month-end and for the year are shown below:

Interestingly, even though the NASDAQ 100 (QQQQ) posted the strongest index return, it was the Industrials (XLI) and Consumer Discretionaries (XLY) that recorded the largest overall sector gains approaching 30%.

If you are interested in a significantly more thorough version of this weekly summary, consider taking a look at Market Rewind's nightly ETF Rewind Pro service. In addition to coverage of over 200 ETFs across twelve major asset classes, you will find three model portfolios, daily market signals and commentary, pairs trading, rotation modeling, and various powerful portfolio management tools.

The Style-Box was calculated using the following PowerShares™ ETFs: Small-Growth (PWT), Small-Value (PWY), Mid-Growth (PWJ), Mid-Value (PWP), Large-Growth (PWB), and Large-Value (PWV). The Sector-Ribbon was calculated using the following Select Sector SPDR™ ETFs: Materials (XLB), Industrials (XLI), Energy (XLE), Staples (XLP), Discretionary (XLY), Financials (XLF), Technology (XLK), and Healthcare (XLV). The Standard & Poors 500, Dow Jones Industrial Average and NASDAQ 100 may be traded through ETF proxies, including the SPY or IVV, DIA and QQQQ, respectively.

Never Investment Advice: Prior Summaries

Related posts:

1. ETF Rewind – Week 43 (10/29/10) & October Summary
2. August 2010 Rewind – Give Back
3. ETF Rewind – Week 48 (12/03/10) & November Summary
4. ETF Rewind – Week 39 (10/1/10)
5. ETF Rewind – Week 38 (9/24/10)