Gold continues to underperform, while Mexico, Poland, and South Africa were among the worst performing ETFs we track this week. South Africa saw its currency, the rand, fall 3% in less than an hour this afternoon on headlines a minister had been taken into police custody. On the best performing side, Energy continues to look pretty solid on a 5 day basis. Materials also outperformed. As of this writing, ITB was up 2.6% on the day following Toll Brothers (TOL) earnings and a blow-out New Home Sales figure this morning.
Bespoke provides Bespoke Premium and Bespoke Institutional members with a daily ETF Trends report that highlights proprietary trend and timing scores for more than 200 widely followed ETFs across all asset classes. If you’re an ETF investor, this daily report is perfect. Sign up below to access today’s ETF Trends report.
See Bespoke’s full daily ETF Trends report by starting a no-obligation free trial to our premium research. Click here to sign up with just your name and email address.