• 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 / TradingMarkets 7 ETFs You Need To Know for Friday

TradingMarkets 7 ETFs You Need To Know for Friday

January 21, 2010 by David Penn

Sellers remained on the offensive on Thursday, extending oversold conditions in sectors like Basic Materials (witness the pullback of more than 4% by the ^IYM^), and among country-based exchange-traded funds like the ^EWZ^, which was also off by more than 4%..

Leveraged exchange-traded funds, especially inverse leveraged ETFs, advanced for a second day, with many becoming especially overbought below the 200-day moving average and increasingly vulnerable to reversal. One of the more overbought ETFs below the 200-day is the inverse leveraged fund, ^DIG^, the .

Here are 7 ETFs You Need to Know for Friday.

Among the top ETF PowerRatings funds going into the final trading day of the week are the ^XHB^ and the ^PIN^. PIN earned a PowerRatings upgrade from 5 to 9 on Thursday, making its upgrade among the biggest of the day.

EWA is also one of the highest rated exchange-traded funds going into Thursday’s trading. The ^EWA^ also earned one of the biggest ETF PowerRatings upgrades, advancing from a 6 to a 9.

With 16 quantified strategies for trading stocks and exchange-traded funds (ETFs) in the short term, Short Term Trading Strategies That Work by Larry Connors is now available in paperback! Click here to order your copy today.

The most oversold exchange-traded fund in our database? With a 2-period RSI of less than 2, that fund is the ^PGF^.

The U.S. Dollar continued to strengthen, making the ^UDN^ among the more oversold currency/commodity ETFs as of Thursday’s close.

While the ^RJA^ remained relatively unchanged, the ^MOO^, which includes stocks like ^ADM^ and ^MON^ among its components, pulled back by more than 3% late in trading on Thursday.

Learn 6 trading rules that defy conventional market beliefs, and 10 high probability trading strategies in Larry Connors’ bestselling trading book just released in paperback – Click Here.

Filed Under: Commentary, ETFs, Recent Tagged With: ETF, etf funds, ETFs, exchange traded funds, exchange-traded funds

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