ETF Rewind - Week 35 (08/28/09)
(Click Image to Enlarge/ Glossary)
US Equities spent the week going sideways with the S&P 500 (SPY) finishing higher by +0.4%. The largest gainer for the week was Agriculture (DBA +3.2%), while Liquid Fuels suffered a small decline (DBE -1.2%). Speaking of which, DBA, DBP, XLK and IYR continue to look somewhat overbought in spite of last week's pause.
Among the broader indices, while intraday performance showed early signs of potential exhaustion, it is still not clear whether this is a short-term tradeable top, or another consolidation period before yet another push higher.
Free for 7 Days: Matt Maley's Inner Circle
In volatile markets, timing is everything. Now is your chance to follow a Wall Street pro who thrives in market swings. Get instant trade alerts, clear entry and exit points—FREE for 7 days. Start Your Free 7-Day Trial →
Week Thirty-Six of 2009 features a busy economic and reporting calendars, including the Friday Jobs report, as follows:
- Yahoo! - U.S. Economic Calendar
- Yahoo! - U.S. Earnings Calendar
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 (3-Day Trial). In addition to coverage of nearly 200 ETFs across twelve major asset classes, you will find three model portfolios, daily market signals and commentary, pairs trading and various portfolio management tools. Enjoy your weekend!
Turn Market Uncertainty Into Your Advantage
Feel unsure about the market’s next move? Copy trade alerts from Matt Maley—a Wall Street veteran who consistently finds profits in volatile markets. Free access for 7 days. Join free for 7 days and trade alongside Matt in real time.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.