Energy, Utility ETFs Win Week
The week went to the energy, utility,
defensive and value exchange-traded funds while the tech and growth ETFs gave
ground.
The Utility HOLDR
(
UTH |
Quote |
Chart |
News |
PowerRating) rose 6.5%
for the week, the week’s biggest gain among the exchange-traded
funds. The Dow Jones Utilities iShares
(
IDU |
Quote |
Chart |
News |
PowerRating) added 5.1%, the
Utilities SPDR
(
XLU |
Quote |
Chart |
News |
PowerRating) 2.1%.
The Dow Jones Energy iShares
(
IYE |
Quote |
Chart |
News |
PowerRating)
moved ahead 5.5%, the Energy SPDR
(
XLE |
Quote |
Chart |
News |
PowerRating) 5.1%, the Dow Jones Consumer
Non-Cyclical iShares
(
IYK |
Quote |
Chart |
News |
PowerRating) 2.3%, the Dow Jones SmallCap Value Fund
(
DSV |
Quote |
Chart |
News |
PowerRating)
1.7%, the Consumer Staples SPDR
(
XLP |
Quote |
Chart |
News |
PowerRating) 1.0%.
For more on the trading action in
energy stocks, see my take on the breaking in Remington Oil & Gas
(
ROIL |
Quote |
Chart |
News |
PowerRating)
in my Trading
The News commentary.
Down for the week, the B2B Internet
HOLDR
(
BHH |
Quote |
Chart |
News |
PowerRating) lost 20.4%, the Broadband HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating) 13.8%, the Internet
Infrastructure HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) 12.1%, the Dow Jones Internet iShares
(
IYV |
Quote |
Chart |
News |
PowerRating)
12.1%, the Internet Architecture HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating) 10.9%, the Wireless HOLDR
(
WMH |
Quote |
Chart |
News |
PowerRating)
10.3%.
The top field of all charts in this
commentary uses a logarithmic price scale and displays a 50-day price average in
red. In the second field, a
blue relative strength line represents the displayed security’s price
performance relative to the S&P 500. The third field displays vertical daily
volume bars in black with a 50-day moving average in blue for volume.
If you’re new exchange-traded funds,
be sure to visit TradingMarkets’ Knowledge Center,
dedicated to explaining the basics of trading and active investing in ETFs and
mutual funds. Just click on the Funds tab
near the top of this page, then click on the Knowledge
Center tab.Â
You also will find lessons on trading
exchange-traded funds in the Stocks Education area of TradingMarkets.com. In
particular, check out my three-part series on trading ETFs, starting with
Average Crossovers. I also recommend newcomers read my tutorial,
HOLDRs: Unique Opportunity And Risk.