SMH – Semiconductors had their best year since 2009.
KRE – Regional banks finally above their 2007 highs.
DX – Another strong year for the U.S. Dollar
IBB – first negative year for biotechs in 8 years.
EWZ – Brazil had its first positive year in the last 6.
IWM – big comeback for small caps after a 26% drawdown in late 20015/early 2016.
XIV – betting against short-term volatility worked out again.
QQQ – 8th consecutive positive year for large cap tech.
What year had the big six tech innovators? – AMZN, AAPL, GOOGL, FB, MSFT, TSLA.
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