ETFyourself.com: Sunday Edition (5/12/24)
Chart of the week, performance updates and more
A Key Chart I’m Watching This Week
Maybe someone can explain to me what I’m missing here. Nearly every TV pundit and podcast guest I hear lately things gold stocks are a “no-brainer-gainer” from here. I see a decent chart, but nothing that makes me put it above areas I see more timely potential, such as high yield stocks and non-US markets (Europe, Asia).
Nothing against gold and gold stocks, but I just feel like they are like that star athlete you just keep waiting to “get hot” and carry the team, and sometimes it just doesn’t come around. We’ll see if and when gold mining stocks do.
Performance That Matters
(data through Friday close)
Here’s the usual weekly table of ETFs that represent several major asset classes and objectives. In yellow on the right, I’ve sorted them by descending order of 1 week returns. It was a fairly even week, but as has been the pattern recently, the average stock is outperforming FAANG types and small caps. This confirms what I’m seeing in my recent chart work. That looking below the very largest stocks, and above small caps is where value appears to be springing up. Now, let’s see if it can last.
LET US KNOW WHAT YOU THINK (via the chat or email to info@etfyourself.com)
Rob Isbitts on etf.com
You can see my full history of articles for etf.com on my author page here.
Our favorite podcasts
Visit our Learning Center tab at ETFYourself.com, where we have links to our favorite podcasts. We’ll keep building the list as we find and like them!
People don't know what they want until you show it to them - Steve Jobs
The Sungarden Institutional model signal portfolio
Who is this for?
High net worth, self-directed investors looking for more help, less hype
Investment advisors seeking a research engine and efficient access to an OCIO
Institutional investors who want a true “alternative” to mainstream approaches