Domestic ETFs were strong last week with the exception of small caps (IWM, IJR) which were basically flat on the week. Europe and Developed markets were even stronger than domestic ETFs with Europe (EFA, VGK) rising about 3% and Developed markets (VEA, VEU) rising about 2%. Gold (GLD) was the major decliner falling 3% followed by REITs (VNQ) falling 0.5%, which is just 0.2 points. Almost a rounding error.

All ETFs continue on their Long Term Uptrends.