Last week saw 1%-2% gains in almost all of our covered ETFs. Emerging Markets (EEM, VWO) were the exception as they were flat on the week. Japan (EWJ) showed particular strength rising 3% with the currency hedged Japan ETF (DXJ) gaining 2.5%.

With their solid showing our ETFs continue to bounce around their recent highs, and all remain on Long Term Uptrends.