This month saw mid-caps outperform large- and small-cap exchange traded funds (ETFs). Globally, Asia was mixed, with results ranging from the extreme of Malaysia up 11% to China taking a breather down 7%. Latin America, Europe and domestic markets were up 1-2%.
Regarding sectors, oil and energy were down 3-7%, conversely, metals were up 3-7%. Healthcare and biotech were up over 3%; transportation was up 8% and the overwhelming winner, surprisingly, was real estate, up 9%.
To view the full ETF performance report for January, click here: Download 01-31-07ETFReport.pdf
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.