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Technology ETFs Continue To Steer The Ship

29 December 2009 at 6:34 am by Staff     Bookmark and Share    Follow EtfExpert on Twitter

According to Bespoke, the NASDAQ is up 45% in 2009 and only down 18% since the October 2007 market highs. The S&P 500 in 2009 has garnered a respectable 25% in 2009. However, it is still down 28% from the 2007 peak.

Do these numbers indicate that technology ETFs, both here and abroad, may be setting up for a 90s like run? Or does the fact that the tech sector is still down dramatically from all-time levels from a decade earlier merit concern.

The Tech Market - Bespoke
Asian ETFs Leading. Is it Back to Business for Asia? – Jonathan Bernstein, ETF Zone
2010 Investing: A Tale of Two Economies - Phillip Davis, Phil’s Stock World

 

 

Disclosure Statement: ETF Expert is a web log (”blog”) that makes the world of ETFs easier to understand. Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. The company and/or its clients may hold positions in the ETFs, mutual funds and/or index funds mentioned above. The company does not receive compensation from any of the fund providers covered in this feature. Moreover, the commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. Investors who are interested in money management services may visit the Pacific Park Financial, Inc. web site.

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