Markets that have rallied the most (within their respective groups) on a percentage basis this past week (showing percentage-gained above the zero level, as opposed to most of them being in the percentage-lost category, on a Year-to-Date basis):
Dow Utilities
Portugal
Greece
EEM (Emerging Markets ETF)
China's Shanghai Index
Canada's TSX Index
Austrailia's AORD Index
Platinum
Oil
Silver
Lumber
U.S. $
Blackberry
So, the questions is, is this a serious attempt to bottom out, or simply some short-covering before the end of the year? Their performance next year may hold the key to overall global strength or weakness...particularly, Oil, the U.S. $, Emerging Markets, and China.
Santa Xmas Day
Merry Christmas!
