ETF’S HAVE ONE OF THE BEST MONTHS IN YEARS!
March ETF Performance Report
March 31, 2009 at 1:40 pm by Tom Lydon www.etftrends.com
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
March was one of the best months in years for the major indexes and exchange traded funds (ETFs).
The Dow Jones Industrial Average rose 7.7% for March, but lost 12.2% this quarter. While no one is declaring the problems in the economy fixed, some strategists say that there’s at least a change in perception. Earnings season is now beginning, and many are nervous about what the reports will bring.
The S&P 500 rose 8.5% for the month and fell 10.4% for the quarter. The Nasdaq gained 10.9% in March, but lost 1.4% in the quarter.
The strongest sector for the month was solar energy, which rose 29%. For the quarter, gasoline was a standout, gaining 33.5%.
For a complete look at the month of March, as well as the first quarter of 2009, click through to see our March ETF Performance Report.
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