For paid members today, we published a report on the big impact that the recent drop in the US Dollar could have on stocks. We also published our weekly Sector Snapshot and Bespoke 50 list of top growth stocks in the Russell 3,000. Both of these regular reports are part of our Bespoke Premium and Bespoke Institutional packages (start a trial here). We’re continuing work on our upcoming Bespoke Report quarterly outlook piece due out tomorrow. This is one you don’t want to miss if you invest in stocks. Click here to learn how you can receive the report and save 20% on a new membership!
Below is our asset class performance matrix for Q1 2016 using key ETFs traded on U.S. exchanges. A ridiculously strong March propelled US stocks into the green for the quarter, but just barely so. As shown, the S&P 500 SPY ETF finished Q1 up 0.81% year-to-date. The Dow 30 (DIA) more than doubled that at +1.96%, while the Tech and Biotech heavy Nasdaq 100 (QQQ) finished down 2.4%.
Eight of ten sectors were up in Q1, led by Consumer Staples (XLP), Utilities (XLU), Telecom (IYZ), and Industrials (XLI). The two sectors in the red for the quarter were Financials (XLF) and Health Care (XLV) — both falling nearly 6%.
Outside of the US, Brazil (EWZ) won the quarter with a gain of 27%! Italy (EWI) was the big loser at -11.21%. Looking at commodities, gold and silver rallied 10%+ in Q1, while oil and natural gas finished down 10%+ even though they surged in March. Finally, Treasury ETFs rose nicely in Q1 with the 20+ Year Treasury (TLT) gaining the most at +8.7%.
For those interested, below is a list of the best performing S&P 500 stocks during the month of March: