Stocks Recover Despite Mixed Data

by on April 28, 2012 | ETFs Mentioned:

Equity markets broadly climbed higher throughout the week as investors digested upbeat earnings results from a number of industry giants including Amazon and Apple, both of which bolstered confidence in the technology sector. Surprisingly, investors brushed aside a number of less-than-stellar economic reports; durable goods orders data came in negative and U.S. GDP came in at 2.2% versus the previous reading of 3.0% [see also Free Report: How To Pick The Right ETF Every Time].

Actionable ETF Trade Ideas

Last Week’s Actionable ETF Ideas
Ticker Position Performance
FUD

Long

+0.95%
ECH

Long

+2.1%
OFF

Long

-3.3%

Our picks from Monday’s Insider posted a solid performance during an upbeat week on Wall Street. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 40 all-ETF model portfolios].

Trade #1 Long FUD: Up 0.95%

This ETN got off to an encouraging start as agricultural commodities broadly moved higher on Monday morning. FUD continued to inch higher in the days following backed by increasing trading volumes, which is always an encouraging sign that a healthy uptrend is developing. Profit taking knocked this ETN lower on Thursday and by Friday we had ended with a minor 0.95% gain on the week.

Trade #2 Long ECH: Up 2.1%

This technical recommendation was spot on; ECH held support above $66 a share on Monday as expected and went onto move higher in the days following. This ETF inched higher and higher until profit taking pressures knocked it down a bit on Thursday. Nonetheless, ECH climbed higher on Friday as well, leaving us with a solid 2.1% gain on the week.

Trade #3 Long OFF: Down 3.3% 

This defensive recommendation turned sour right from the start as investors made moves to increase their risk exposure. OFF inched lower from the opening bell on Monday morning as upbeat equity markets paved the way lower for most safe have assets. This recommendation was mistimed given the surprisingly strong comeback on Wall Street.

ETFdb Portfolios

Retirement ETFdb Portfolios

Our retirement portfolio finished in green territory as upbeat earnings results helped keep euphoria levels elevated on Wall Street. Our equity-heavy portfolios pulled ahead as fixed income securities largely lagged behind; 30 Years Til Retirement came out on top while our most conservative Ready To Retire portfolio turned in the worst performance, although still positive on the week [see All Portfolio Returns].

ETFdb Portfolio Weekly Return
30 Years Til Retirement +1.51%
20 Years Til Retirement +1.47%
Aggressive +1.28%
Low Volatility +1.26%
10 Years Til Retirement +1.18%
Cheapskate +1.16%
Moderate +1.16%
5 Years Til Retirement +1.02%
Ready To Retire +0.87%

Regional ETFdb Portfolios

Growing optimism on the home front prompted investors to increase their risk exposure; as such, emerging markets were able to post impressive performances on the week, with our Africa-Centric portfolio taking the lead as it gained over three percentage points. Surprisingly, our BRIC-Or-Bust portfolio ended up in negative territory despite an otherwise upbeat week for equity markets around the globe.

ETFdb Portfolio Weekly Return
Africa-Centric +3.14%
Ex-U.S. +1.27%
Ex-Europe +1.1%
Emerging & Frontier Markets +0.83%
Euro Free Europe +0.62%
Easy-As-ABC +0.54%
Global Titans +0.51%
Asia-Centric +0.48%
LatAm Centric -0.10%
BRIC-or-Bust -0.67%

Themed ETFdb Portfolios

Our themed portfolios had the wind at their back throughout the week and the Energy Bull portfolio came out on top as crude oil prices bolstered the sector higher; trailing close behind were the High Yield and RAFI ETFdb portfolios. The Sky Is Falling portfolio was the only one in red territory for the week given its bearish investment strategy.

ETFdb Portfolio Weekly Return
Energy Bull +1.77%
High Yield +1.62%
RAFI +1.44%
Baby Boomers +1.33%
Alpha Seeker Portfolio 2.0 +1.23%
Simple (But Effective) Safe Haven +1.19%
Financials Free +1.16%
Kitchen Sink +1.16%
Small Cap +1.12%
Commodity Guru +1.11%
GLD-Free Gold Bug +1.11%
Pure Growth +1.09%
Ben Graham 50/50 +1.02%
High-Tax Bracket +0.99%
Socially Responsible +0.90%
2012 ETFdb Portfolio +0.87%
Actively-Managed +0.84%
AlphaDEX +0.78%
Futures Free Commodity +0.65%
Pure Value +0.61%
King Dollar +0.57%
Equal Weight +0.54%
High Tech +0.51%
Better-Than-AGG Total Bond Market +0.38%
Greedy When Others Are Fearful +0.20%
Cheapskate Hedge Fund +0.11%
The Sky Is Falling -0.34%

Disclosure: No positions at time of writing.