Saturday, August 21, 2010

Where Are Investors Putting Their Money

Above is a chart of the S&P500 and as you can see this market is down about 3.5% for the year.

The swings have been large in both directions but unfortunately this market has not been able to sustain a trend for more than 2  months in either direction.

You know the saying, "there's always a bull market someplace" and that place right now happens to be South America and Asia.

Above is a chart of ECH which is the ETF ofr the Chile Index. As you can see, this market is not only trending but is up over 23% for the year.!  I first wrote about this market last June and since then it has continued to rally nicely.

Another market on the move is THD which is the ETF for the Thailand Fund. This ETF has really accelerated to the upside over the past two months and is up close to 28%  for the year.

There are several other markets worth following such as EWS (Singapore ETF), EPU (Peru ETF),  EWM ( Malaysia ETF) and IDX (Indonesia ETF). 

Based purely on relative strength these ETFs are outperforming our S&P and might be worth following on the next dip in the stock market.


Anonymous said...

Lots of money flowing into bonds too. Might be worth posting on the bond chart if you have time.

Benjamin Mowbray said...

Thanks for this. Hadn't realized these markets were outperforming so much. Bonds are having a strong rally at the moment.

Anonymous said...

Pretty interesting blog you've got here. Thank you for it. I like such topics and anything that is connected to them. I definitely want to read a bit more soon.

Joan Hakkinen


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