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ETFs Farthest Above 50-Day Moving Averages

It has been quite awhile since Italy and Spain have been at the top of any stock market performance lists.  But they're off to a strong start in 2011, and as shown below, the Italy (EWI) and Spain (EWP) ETFs are currently the farthest above their 50-day moving averages of the 200+ key ETFs that we track in our daily ETF Trends report.  Italy (EWI) is 8.71% above its 50-day, while Spain (EWP) is at 7.88%.  An agricultural ETF (DBA) ranks third at 7.08% above its 50-day, followed by Europe (FEZ), Russia (RSX), and Aerospace & Defense (PPA).


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