What are some of those exchange-traded funds still sporting top ETF PowerRatings going into trading on Tuesday? Here are two – both country funds – that high probability traders may want to consider as the markets overall continue their recovery from oversold lows.
Going into trading on Friday, our database has revealed more than 70 exchange-traded funds (ETFs) with top ETF PowerRatings of 10. Find out which funds are viable candidates for high probability ETF trades.
High probability ETF traders who stick with these three principles when looking for the best ETFs to buy every day will be trading with the edges, as opposed to trading against them. Apply them now to your ETF trading.
When it comes to high probability trading, country and regional funds are among the most sought-after markets to trade. Hence it’s no surprise that those funds are at the top of our list with high ETF PowerRatings.
The aggressive selling at midweek created the deepest pullbacks in sectors like energy and basic materials. The ProShares Ultra Oil & Gas ETF, DIG and the Basic Materials Select Sector SPDRS ETF, XLB both moved lower into oversold territory above the 200-day moving average.
The first day of the shortened holiday week has come to a close, leaving a bullish streak behind in numerous sectors including the health care industry which saw a 2% increase on the day in the Vanguard Health Care ETF, VHT.
The number of potential high probability trading opportunities is as high as it has been in weeks. Take a look at these sector exchange-traded funds that have also earned high ETF PowerRatings.
Find out more about which ETF funds have earned high ETF PowerRatings ahead of Tuesday’s trading.
This ETF fund earned a rating of 10 on New Year’s Eve, then picked up a gain of more than 3.5% five days later. Find out which ETF fund is our ETF PowerRatings winner of the week.
On Wednesday, exchange-traded funds in both the technology and telecommunications sectors are earning high ETF PowerRatings. See which tech and telecom funds made our list.