Friday, May 8, 2009

Emerging Markets Soaring

The Latin America 40 Index (ILF)has been a top performer this year turning in a 32.9% year to date gain. ILF has soared 44% over the past 10 weeks more than making up for the year's early losses.


The MSCI Pacific (less Japan) ETF, soared 12.2% this week, helping this index ETF gain more than 18% on the year.

Basic Materials Score Big

With only a few exceptions, Basic Material stocks have rallied hard in anticipation of economic recovery.


Leading the way are oil service stocks, in particular, Transocean, Ltd., which is up nearly 60% on the year. RIG was one of our Trendsetter buy/write picks at the beginning of the year.


Weekly Table



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