One For The History Books

Good news - October is finally in the history books.

For the week, the S&P 500 rallied +10.49%, Dow +11.29%, Nasdaq +10.88%, and the Russell 2000 +14.09%. The bulls even tried to knock on the key 980ish level in the S&P 500 today ahead of next week's big election.

While the gains were impressive this week, the largest rallies could be found overseas in Russia (RSX), Europe (GUR), Turkey (TUR), South Korea (EWY), South Africa (EZA), and the BRIC (BIK) which jumped more than +30% higher over the past five trading days.

Other big winners this week were real-estate (URE), gaming (BJK), telecom (LTL), steel (SLX), and lots of small caps (UWM). Meanwhile, the worst performances were found in those leveraged "ultra" short funds like the EEV, FXP, SRS, DUG, SMN, TWM, & SCC.

I'll be back next with with another monthly review of my stock screen machine, another member mailbag, and a few more interesting items as we start off November. Until then, I hope you a great Halloween weekend!