The pattern changed up with all US Growth stocks surging ahead, leaving all US Value behind. US Large Growth jumped 3.5%, more than tripling US Mid and Small Growths’ advances. US Mid and Small Value both slipped -1.2%.
US Equity REITS stood still pacing Technology at 31.1% YTD and Commodities at 32.4% YTD with its YTD of 30.24%.
Foreign Growth Stocks continue to chase Foreign Value, mimicking US stocks for the week although much less dramatically. Foreign equities continue to lag US stocks by roughly half YTD. Emerging Markets gave up all and more of last week’s gains, stumbling – 2.2% on the week.
Bonds were all slightly ahead except for Foreign Bonds off by -.4%.
October certainly filled September’s ditch, reaching all-time highs on the popular benchmarks – the Dow Jones Ind., S&P 500 and Technology as we anticipated, more than recapturing the upward march of stocks posted through most of this year.
Have a great week!
All performance reported in the graph and performance references are from the following index list: DJ Industrial Average TR USD, S&P 500 TR, DJ US TSM Large Cap Growth TR USD, NASDAQ 100, Technology NTTR TR USD, DJ US Health Care TR USD, DJ US TSM Large Cap Value TR USD, DJ US TSM Mid Cap Growth TR USD, DJ US TSM Mid Cap Value TR USD, DJ US TSM Small Cap Growth TR USD, DJ US TSM Small Cap Value TR USD, FTSE NAREIT All Equity REITs TR, DJ Gbl Ex US Select REIT TR USD, Bloomberg Commodity TR USD, MSCI EAFE NR USD, MSCI EAFE Growth NR USD, MSCI EAFE Value NR USD, MSCI EAFE Small Cap NR USD, MSCI EM NR USD, BBgBarc US Corporate High Yield TR USD, FTSE WGBI NonUSD USD, JPM EMBI Plus TR USD, BBgBarc US Govt 1-3 Yr TR USD, ICE BoafAML 1-3Y US Corp TR USD, BBgBarc Intermediate Treasury TR USD, BBgBarc Interm Corp TR, BBgBarc US Treasury US TIPS TR USD. This material has been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance reporting is for indexes, not specific securities. Performance of specific securities will vary from indexes. Past performance is not an assurance of future results. Indexes cited are provided to illustrate market trends for certain asset classes. It is not possible to invest directly in an index. Indexes do not reflect individual investor costs of trading, expense ratios & advisory or other fees