Tag: PowerShares Dynamic Building & Construction ETF (PKB)
Housing Market Taking A Toll On Small-Cap Stocks
One of the biggest stories of 2014 is the weakness in small-cap stocks. The iShares Russell 2000 ETF (IWM) is down 3% so far this year while the S&P 500 large cap index is up 4.4%. In other words, small-caps are underperforming large-caps by 7.7%. That’s the widest margin of small-cap underperformance in 16 years! […]
This Is A Good Sign For Homebuilder ETFs
I’m always on the lookout for signs about the housing recovery. Some of those signs are literally signs – For Sale and Open House signs – while others are economic data points. In my neighborhood, I can tell you that housing prices bottomed in early 2011 and climbed steadily higher for nearly three years. But […]
