Take a look at the ETF heat map below – we’re looking at January performance (or YTD) so this gives you a solid idea of the winners and losers so far in 2010. I suspect there is a positive correlation between the overall market and individual sectors with respect to the January Barometer. That said, we may be looking at the strongest and weakest sectors of the year.
- 90% of World Market Are Negative (Majority of Green are Short/Inverse ETFs)
- The Worst Performing Group Looks Like Basic Materials (XLB, GDX, XME, SLX)
- The BEST Performing Group is REGIONAL BANKS (KRE, RKH, IAT)
- Other Notable OUTPERFORMERS Include Japan (EWJ), Homebuilders (XHB), Russia (RSX), Global Shipping (SEA)
ETF HEATMAP (Close of January 2010/YTD)










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