Dow Hits High - More Room to Run

The Dow Jones Industrial Average traded above 14,200 early this morning for the first time EVER!

The index was last trading at 14,280, up 150 points on the day and near the highs of the session.

Looking back to October 2007 (when the Dow hit its previous high) I found it interesting to see which sector ETFs performed the best.

• iShares US Pharmaceutical ETF ($IHE) up 70%
• iShares NASDAQ Biotech ETF ($IBB) up 76%
• SPDR Consumer Staples ETF ($XLP) up 37%
• SPDR S&P Retail ETF ($SRT) up 69%
• iShares Gold ETF ($IAU) up 106%

Of the country ETFs, there are only a couple that have been able to outperform the US markets since October 2007. The iShares Mexico ETF ($EWW) and iShares Malaysia ETF ($EWM) are the two big winners.