ETF Screener- Value Keeps Rolling on

During our weekly technical analysis of ETFs, we again come away with a familiar theme we have been writing about for weeks; value stocks are outperforming growth stocks. It looks to us like it’s a trend that will continue for some time.

With the market’s recent deterioration, we expected to see on dismal chart after another. While most industries, sectors and international ETF charts read, stay away. We did find a few with positive characteristics.

The insurance sector keeps popping up during our screening processes. It was one of the top performing sectors for the week, the Dow Jones Index chart looked solid and now the ETF chart is the 3rd confirmation. iShares Dow Jones Insurance index (IAK) is probably the best way to jump on this trend.

A few other sectors that look intriguing include:

IShares Dow Jones US Home Construction (ITB)

iShares US Real Estate Index (IYR)

iShares Global Consumer Staples (KXI)

iShares S&P 100 (OEF)

iShares Global Consumer Discretion (RXI)

On the downside, there are a few ETFs we would avoid and maybe even short. We would stay away from Technology (IGM) (IYW) (IXN), Semiconductors (IGW), and growth stocks. On the international side, our neighbors to the south look short-able. iShares MSCI Investable Market Index (EWW) appears poised to move lower.

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