Economic news and corporate earnings from fourth quarter were reported through the month, affecting markets and exchange traded funds (ETFs).

The Dow Jones industrial average lost nearly 9% for the month, the S&P 500 was down 8.6% and the Nasdaq 6.4%.

iShares MSCI Chile (ECH) and iShares MSCI Brazil (EWZ) were the country ETFs with positive return for the month.  Up 12.2% and 1.5% respectively.  U.S. Gasoline (UGA) gained 19.2% and iShares Silver Trust (SLV) also had double digit performance of 11.5%.

Click here to see the full January ETF performance report.

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.