Special to 7 ETFs You Need to Know
Cherry-pick Today’s Best Setups!
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| PowerRating | Winning
Trades |
Dates
Backtested |
|
| Stocks | 10 | 68% | 1995-2009 |
| ETFs | 10 | 79% | 2003-2009 |
| Leveraged ETFs | 10 | 79% | Inception-2009 |
Here are 7 ETFs You Need to Know for Tuesday
Among the exchange-traded funds taking top ETF PowerRatings into trading on Tuesday are the ^IAI^ and the ^ECH^.
One of the biggest ETF PowerRatings upgrades on Monday was the four-point upgrade in the ^IAT^. Not far behind was the three-point upgrade in the ^KRE^.
Mentioned in my Midday Most Overbought/Oversold ETFs Tweet shortly after noon Eastern, the ^UUP^ pulled back toward oversold territory above the 200-day moving average on Monday.
Weakness in the dollar was good news for gold bulls, who saw the ^GDX^ gain more than 1%, rallying back above both its 5- and 200-day moving averages.
The most oversold ETFs in our database ahead of Tuesday’s trading? The ^PGX^ is the most oversold next tothe SPDR KBW Regional Banking ETF noted above.
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