Swing Trading with PowerRatings: Big Edges and New Upgrades in Precious Metals
Here are some stocks and ETFs to watch based on intraday PowerRatings upgrades. For a free, 7-day trial to PowerRatings, click here.
^CBLI^. Down three days in a row heading into trading on Monday and lower by more than 5% intraday.
^ZSL^. Shares of ZSL have closed lower for two days in a row and were pulling back by more than 4% intraday on Monday.
^GLL^. Like ZSL, GLL is on course to close lower for a third consecutive trading day on Monday. GLL is down more than 1% intraday.
DB Gold Double Short ETN ^DZZ^. Another inverse leveraged opportunity to get exposure to gold, the DB Gold Double short ETN is pulling back by more than 1% intraday on Monday after closing lower for two days in a row.
Among the stocks in the S&P 500 and Nasdaq 100 earning top PowerRatings intraday on Monday are ^JNPR^ and ^JDSU^. Within the world of the top 10 high volume exchange-traded funds, current market strength is bringing a number of formerly top rated ETFs, such as the ^XRT^ (below) higher by more than 1% intraday.
Be sure to keep an eye on these stocks and ETFs to see if they maintain their top PowerRatings upgrades into the close.
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David Penn is Editor in Chief of TradingMarkets.com