Energy, Utility ETFs Lead Week
Energy- and utility-focused
exchange-traded funds led their peers for the week while the tech ETFs ended in
the penalty box. However, the latter held on to much of the gains of the prior
week. Â
The Oil Services HOLDR
(
OIH |
Quote |
Chart |
News |
PowerRating)
marched ahead 10.0%, the week’s biggest gain among the U.S.-focused tradable
funds. The basket of oil service company stocks holds a one-month relative
strength of 66 on the TradingMarkets
It has not traded long enough to earn RS scores for longer time frames.
The Dow Jones Energy
iShares
(
IYE |
Quote |
Chart |
News |
PowerRating) gained 6.3% for the week. It holds a one-month RS of 37 and a
three-month RS of 70. The Energy Sector SPDR
(
XLE |
Quote |
Chart |
News |
PowerRating) moved ahead 5.7%. It has
a one-month RS of 32, three-month RS of 60 and six-month RS of 91.
The Dow Jones Utilities
iShares
(
IDU |
Quote |
Chart |
News |
PowerRating) picked up 3.8% for the week, the Utility HOLDR
(
UTH |
Quote |
Chart |
News |
PowerRating) 3.8%,
the Utilities SPDR
(
XLU |
Quote |
Chart |
News |
PowerRating) 3.5%.
On the downside, the
Broadband HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating) lost 12.1% for the week, the Internet Infrastructure
HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) 9.2%, the Internet Architecture HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating) 8.8%, the Dow
Jones Technology iShares
(
IYW |
Quote |
Chart |
News |
PowerRating) 6.9%, the Dow Jones Internet iShares
(
IYV |
Quote |
Chart |
News |
PowerRating)
6.3%, the Nasdaq 100 Tracking Stock
(
QQQ |
Quote |
Chart |
News |
PowerRating) 6.3%, the Technology SPDR
(
XLK |
Quote |
Chart |
News |
PowerRating)
5.5%, the Software HOLDR
(
SWH |
Quote |
Chart |
News |
PowerRating) 5.1%, the Semiconductor HOLDR
(
SMH |
Quote |
Chart |
News |
PowerRating) 4.5%
.
