• Free Book
  • Store
    • Books
    • Free First Chapters
    • Free Newsletters
  • Recent Articles

TradingMarkets.com

Quantified Stock Market Trading Strategies & Systems

  • Home
  • New Trading Research
  • Education
    • Articles
      • Connors Research
      • ETFs
      • Options
      • Stocks
      • Volatility
    • Trading Lessons
    • Connors Research
    • Glossary
    • Interview Archive
    • Videos
  • Python
  • Quantamentals
    • Quantamentals: The Next Great Forefront of Trading and Investing
    • Quantamentals Resources
  • Courses
  • Store
    • New Book! The Alpha Formula
    • “Buy The Fear, Sell The Greed” – Best Seller!
    • Swing Trading College 2019
    • Trading Books and Guidebooks
    • Street Smarts
    • Online Trading Courses
    • Private Mentoring with Larry Connors
    • Customized Trading Research
    • Amibroker Strategy Add On Modules
You are here: Home / ETFs / Commentary / ETF Trading with Ultimate PowerRatings: Indian Equities and Chinese Small Caps (PIN, INP, HAO, EPI, EWY)

ETF Trading with Ultimate PowerRatings: Indian Equities and Chinese Small Caps (PIN, INP, HAO, EPI, EWY)

August 31, 2010 by David Penn

Monday’s sell-off left the market with few top-rated exchange-traded funds for traders to choose from. Interestingly, nine out of the top ten highest rated ETFs for Tuesday are country funds and three of these highest rated ETFs represent stocks from BRIC member, India.

Remember that when it comes to short term trading of top rated exchange-traded funds, country funds rank highest in terms of their tendency to revert back to the mean after reaching price extremes to the upside or the downside. By contrast, ETFs based on commodities or currencies, have a greater tendency to trend, remaining in extreme conditions for longer periods of time than their equity-based counterparts. This makes country funds the first choice for high probability, short term traders trading exchange-traded funds using PowerRatings.

Of the Indian ETFs I noted at the outset, one has earned our top ETF PowerRating of 10: the ^PIN^.
(below).

PIN Chart

PIN has been a top rated ETF for the past five days, and its current 10-rating represents a return to top form after a downgrade to
9 going into Monday’s trading. Based on our research, ETFs earning ETF PowerRatings of 10 have made significant short term gains more than 78% of the time.

Other India-based exchange-traded funds include the ^INP^ and the ^EPI^. Both INP and EPI have ETF PowerRatings of 9.

The BRIC party at the top of our Highest Rated ETFs roster also includes the ^HAO^ (below).

HAO Chart

The Claymore/AlphaShares China Small Cap ETF has earned top ETF PowerRatings for the past four days, with Monday’s selling taking the fund back to an ETF PowerRating of 9.

As I mentioned at the beginning, country funds dominate the highest ranks of our top-rated ETFs for Tuesday. In addition to the top-rated funds for India and China, ETF PowerRatings upgrades have taken place in country funds like the ^EWT^, the ^EWW^ and the ^EWY^ (below).

EWY Chart

Note that EWT, EWW and EWY all have earned ETF PowerRating of 8 going into trading on Tuesday.

Having mentioned two of the four countries included in the BRIC group (India and China), I thought an update on ETFs representing the other two countries might be worthwhile. Currently the major Brazil exchange-traded fund, the ^EWZ^, has an ETF PowerRating of 6 – a one-point upgrade from its previous PowerRating. With regard to the leading Russia ETF, the ^RSX^ was actually downgraded from 6 to 5 as of Monday’s close.

Isn’t it time you gave ETF PowerRatings a try? Our top-rated ETFs have been correct nearly 80% of the time since 2003. Click
here
to launch your free, 7-day trial to our ETF PowerRatings today
!

David Penn is Editor in Chief at TradingMarkets.com.

Filed Under: Commentary, Recent Tagged With: ETF Trading, ETF Trading with Ultimate PowerRatings, trading etf, Trading Strategies, Ultimate PowerRatings

Buy The Fear, Sell The Greed

Buy The Fear, Sell The Greed

Swing Trading College

New Book From Larry Connors and Chris Cain, CMT – "The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk"

We’re excited to announce the release of a new investment book written by Larry Connors and Chris Cain, CMT. The book, “The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk “ combines… Hedge fund legend Ray Dalio’s brilliant insight into combining uncorrelated strategies… With new, minimally correlated, quantified, systematic strategies to trade… [Read More]

Buy The Alpha Formula Now

Connors Research Traders Journal (Volume 57): 7 Real-World Reasons Why Short Strategies Should Be Included In Your Portfolio

In our new book, The Alpha Formula – High Powered Strategies to Beat the Market with Less Risk, we show the benefits of including short-strategies in your portfolio. As a reminder, building portfolios should be based on First Principles – otherwise known as truths. These truths are: Markets Go Up Market Go Down Markets Go… [Read More]

Company Info

The Connors Group, Inc.
185 Hudson St., Suite 2500
Jersey City, NJ 07311
www.cg3.com

About Us

About
Careers
Contact Us
Link To Us

Company Resources

Help
Privacy Policy
Return Policy
Terms & Conditions

Properties

TradingMarkets
Connors Research

Connect with TradingMarkets

Contact

info@cg3.com
973-494-7311 ext. 628

Free Book

Short Term Trading Strategies That Work

© Copyright 2020 The Connors Group, Inc.

Copyright © 2023 · News Pro Theme on Genesis Framework · WordPress · Log in