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Andrew Carnegie

Wednesday, July 18, 2012

3 Phenomenal Performers That You Should Avoid

In a recent screen of stock ETF performers since the October 2011 bottom, I came across PowerShares Small Cap Financials Portfolio (PSCF).  The fund has catapulted 45% off the 52-week low through 7/16/12 versus 30% for its large-cap brother, SPDR Select Financials (XLF). The PSCF:XLF price ratio demonstrates that the relative outperformance has… for the most part… stayed intact over 18 months. 
PSCF Relative TO XLF
PowerShares S&P Small-Cap Financials Portfolio (PSCF) tracks a financial sector subset ... Continue to read.
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