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The week that was, in global etf's among various categories. Week ending December 1, 2023.
Wacky weed, Mary Jane and related leads the pack (MJ etf). One may presume this seems appropriate during these turbulent times; whether rolling one's own, baking some brownies or having a gummie. I set the chart for the 5 day return, for the best to the worst % returns from last week. Remain curious. Catch
What’s not to like? 5 day return is a very short period to be sure. One stock I have that’s been comatose for over a year (gone nowhere) spiked 7+% in the last 2 trading days. It’s a conglomerate made up of a dozen or so small cap companies. That at least suggests small caps may be awakening.
The Russell 2000 on @Catch’s chart is showing +7.57% gain for the past 5 days. That’s in keeping with my own (limited) experience. For sure, the falling interest rates had much to do with this. Many of these companies borrow heavily and at higher interest rates than larger companies.
Of course. I had a lot of other things rise last week (as did anyone who’s not sitting 100% in cash). Was just pointing out the sharp reversal in one segment (small caps). There’s been one or more recent threads in that regard.
I'll take last weeks returns anytime !! I happen to look at Vanguards monthly statement & much to my surprise I found three funds I hold in taxable account to still be lacking a few $$$ from where they were at the beginning of Oct. ! A recent T-bill matured & now trying to figure out where to put the dough ? Market rising , rates falling, I may keep it in MMF for a few days.
The graphic is set for the 5 days ending November 1, Friday; for the best to worst % returns in select etf categories. One may then also select the one month column to align the one month return best to worst; or for the other listed time frame columns. Remain curious, Catch
The graphic is set for the 5 days ending November 17, Friday; for the best to worst % returns in select etf categories. SpaceX uses the term 'unscheduled disassembly' when a destructive event occurs during any stage of a pre-orbit launch. With about 6 weeks of equity/bond markets trading remaining for the year, our house is hoping there will not be any Unscheduled Portfolio Disassembly. Fingers crossed for no UPD, as numerous investment areas will have decent year ending performance. Remain curious, Catch
The graphic is set for the 5 days ending December 1, Friday; for the best to worst % returns in select etf categories. One may then also select the one month column to align the one month return best to worst; or for the other listed time frame columns. Remain curious, Catch
Comments
What’s not to like? 5 day return is a very short period to be sure. One stock I have that’s been comatose for over a year (gone nowhere) spiked 7+% in the last 2 trading days. It’s a conglomerate made up of a dozen or so small cap companies. That at least suggests small caps may be awakening.
The Russell 2000 on @Catch’s chart is showing +7.57% gain for the past 5 days. That’s in keeping with my own (limited) experience. For sure, the falling interest rates had much to do with this. Many of these companies borrow heavily and at higher interest rates than larger companies.
"FOR THE WEEK (index changes only), DJIA +5.07%, SP500 +5.85%, Nasdaq Comp +6.61%, R2000 +7.56%. DJ Transports +7.06%; DJ Utilities +5.80%. (Rotating spot long Treasury TLT +3.86%) US$ index (spot) -1.40% (remains too strong over 100), oil/WTI futures -5.88%, gold futures +0.15%.
A good week in EUROPE (Denmark +5.72%, Norway +2.07%) and a good week in ASIA (New Zealand +4.27%, Philippines +0.45%). (A GLOBAL RALLY week)"
Of course. I had a lot of other things rise last week (as did anyone who’s not sitting 100% in cash). Was just pointing out the sharp reversal in one segment (small caps). There’s been one or more recent threads in that regard.
"It's Almost Time to Buy Small-Caps" - from October 11
https://www.mutualfundobserver.com/discuss/discussion/61579/it-s-almost-time-to-buy-small-caps#latest
A recent T-bill matured & now trying to figure out where to put the dough ? Market rising , rates falling, I may keep it in MMF for a few days.
Hope your team wins today, Derf
Remain curious,
Catch
Remain curious,
Catch
Remain curious,
Catch