Dollar Gains Highlight Week's Trading

Stocks continued trading sideways for the fifth straight week. Strength in the dollar was the main attraction but gold managed to hold it's own.

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