Monday, October 31, 2016

MONTHLY WRAP UP FOR 10/31/2016


The $NYAD's finish October on a sell signal, just slightly breaking below the lows of October, while the  $NYA index finished the day slightly higher, just holding above those same lows.


And the big winner in my 80 markets this month waasssss   ....................... EWZ, Brazil, up 11.95%, a major factor in making the South American ETF second best, ILF up 10.81%, also help was Chile and Mexico, ECH up 8.35% and EWW up 4.85%. Sneaky little guys as I don't remember mentioning them in any of the weekly updates, accept for EWZ. Even MORE surprising that they did that well is that the dollar was up 3% for the month in 6th spot. With QID in the number 7 spot I highly doubt the NasDOGS will be on the first page, hahahaha! The grains were in the 8th spot, DBA up 2.70%. Our best sector was XLF, up 2.28%, then XLU at .90%. 


And in the biggest surprise of the month, THAT WAS IT!! That first page above was the only winners, and in the next biggest surprise, to me at least, GDX was the WORST performer of the month, GDX went up the last two days and I guess I equated that with the whole month, LOL ...... sigh. Real estate obviously doesn't like higher rates and the IYR was our worst sector, down 5.04%. The little guys don't like higher rates either, IWM our worst major down 4.60%, just ahead of TLT, down 4.38%. USO was down 3.66% for the month, UNG 3.35%, the SPY was the next worst major, down 1.76%, then the NasDOGS, QQQ down 1.46%, with the big dogs being the, well, big dogs for the month, DIA only down .78% on the month.  


Here's the big winners in the SP 500 this month, it seems ages since NFLX beat the year ago earnings by 5 cents and sent it's 312.5 P/E up to 337.48, it did beat subscriber growth forecasts but then turned around and said subscriber growth would fall in the fourth quarter, wad ever, it was good for a 26.71% for the month, WOOOOO HOOOOOO for holders of the stock. Wow, GS is in the 12 spot, I'm impressed, they helped the XLF be the best sector of the month,


Here's the loser's in the SP for the month, energy is well appointed with SWN, MCK, COG, MRO, MUR, DVN, etc etc, nothing on either of the list that I'm very excited about, especially with the current market action. 

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