• 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 Monday

TradingMarkets 7 ETFs You Need to Know for Monday

March 19, 2010 by David Penn

Sellers stepped in to take gains in wildly overbought ETF markets on the final trading day of the week. Among those exchange-traded funds pulling back into oversold territory on Friday were the ^SPY^ and the ^IWM^.

By sector, energies were making the biggest pullbacks ahead of trading on Monday. Up more than 2% by midday Friday was the ^DUG^.

Here are 7 ETFs You Need to Know for Monday.

Among the exchange-traded funds taking top ETF PowerRatings into trading on Monday are the ^XHB^ and the ^ILF^. Both ETFs earned ETF PowerRatings upgrades to 9 late in trading on Friday.

Also sliding into oversold territory was the ^ERX^, which closed lower for a second consecutive trading day on Friday.

Leveraged ETF PowerRatings. Quantified. Backtested. Free for a Week. Click here to learn more.

Precious metals ETFs were also among those pulling back on Friday. Down well over 1% on the day was the ^GLD^.

The ^EWZ^ closed in oversold territory above the 200-day moving average for the second consecutive session on Friday. EWZ was highlighted in yesterday’s TradingMarkets Most Overbought and Oversold ETFs for Today and 7 ETFs You Need to Know as one of the more oversold country ETFs in our database of exchange-traded funds.

Also earning top ETF PowerRatings ahead of trading on Monday is the ^PID^.

Bouncing back from oversold extremes on Friday was the ^VXX^. The VXX had become increasingly stretched below its 10-day moving average over the past three days.

The Holy Grail of Indicators – Click here to learn the best trading indicator and why you should avoid the popular 14-period RSI.

Filed Under: Commentary, ETFs, Recent Tagged With: 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