Big Week for IPOs

Today 4 IPOs began trading, one day after 3 new issues entered the market.

Here are today's IPOs:

• CafePress ($PRSS) - Owns e-commerce sites where customers create, buy, and sell personalized products. Priced at $19.

• Millenial Media ($MM) - The 2nd largest mobile advertising platform in the US. Priced at $13.

• Rexnord ($RXN) - Manufactures gears, bearings, and water management products. Priced at $18.

• Merrimack Pharmaceuticals ($MACK) - Uses a network biology system to develop cancer treatments. Priced at $7.
  

Greece - Best Performing Country in 2012?

The 4.5% gain in the S&P 500 during the month of January is more than impressive, but the Greeks are laughing at the US today.

The Global X FTSE Greece 20 ETF ($GREK) is up 37% so far in 2012 and easily outpacing all other single-country ETFs. The ETF is made up of 20 Greek stocks that got decimated in 2011 as the financial crisis in the country hit full-tilt.

The two stock in the top ten in the ETF that trade on a major US exchange are Coca-Cola Hellenic Bottling Co. ($CCH) and National Bank of Greece ($NBG), they are up 12% and 82%, respectively.

The rest of the Top 5 Single-Country ETFs in 2012:

1. iShares S&P India Nifty 50 ETF ($INDY) up 21%
2. iShares MSCI Turkey ETF ($TUR) up 18%
3. iShares MSCI Poland ETF ($EPOL) up 18%
4. Market Vectors Vietnam ETF ($VNM) up 16%