The same can't be said for the energy and most precious metals as Bernanke gives the complex the green light. The Fed wants to reflate and if that's what they want, traders will accommodate them. You want to pay more for energy don't you? Thankfully it's not in the phony CPI because authorities want you to pretend you neither use heating oil, gasoline or even food for that matter. They've reconfigured the CPI more times than congress votes on a new debt ceiling. And, they do this to deceive but also to lower entitlement spending. Imagine all those government workers on COLAs and Social Security recipients who just stare at their heating and electric bills in disbelief. What's a nice T-bone cost nowadays anyway? It's the dropping price of tech toys and quality improvements they focus on that matters now.
See more details IWM - The iShares Russell 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U.S. equity market as represented by the Russell 2000 Index. The index represents the approximately 2,000 smallest companies in the Russell 3000 Index.
See more details QQQ - is an exchange-traded fund based on the Nasdaq-100 Index ®. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The portfolio is rebalanced quarterly and reconstituted annually. See more details Continue to U.S. Sector, Stocks & Bond ETFs