The ranking of the best performing U.S. indexes over the past 13-weeks tells us a lot about the character of the U.S. market. At the top, outperforming the S&P 500 by almost 30% is the Gold & Silver Mining index - not surprising considering how hot this sector has been. Out-performing the market by 21% is the Philadelphia Semiconductor index, the SOXX, which had a stellar week advancing 7.4%. Next in line is the DJ Transport index, which has been advancing strongly thanks to the railroad stocks.
Traders and small investors already know this: small cap stocks are big! They are outperforming the S&P 500 by 8%, as the Russell 2000 and Wilshire small cap index show.
For a weekly ranking of the performance of U.S. indexes go to:
No comments:
Post a Comment