Banks continue to outperform on a trailing 5 day basis, with KRE and KBE leading the charge. Turkey is the best performing country ETF over the past five days, while homebuilders are also starting to sneak up the performance ranks. Small cap value stocks have also done well, boosted by small cap banks. On the losing side of the slate, only 18 of the more than 200 ETFs we track are down more than 1%, with the worst among them semiconductors, gold miners, and broad tech.
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