This week’s most overbought and oversold ETFs for Friday’s trading includes the PowerShares DB U.S. Dollar Index Bearish Fund ETF, UDN.
Thursday marked yet another consecutive gain in US markets, leaving overbought conditions in ETFs like the iShares Russell 2000 ETF, IWM.
This week’s most overbought and oversold ETFs for Thursday’s trading fall on the heels of another day of gains in U.S. markets. Featured as this issue’s most overbought ETF is the PowerShares Wilderhill Clean Energy Portfolio ETF, PBW.
Wednesday was another good day for U.S. markets as they continued their upward price action, leaving the SPDR S&P 500 Trust ETF, SPY and PowerShares QQQ Trust ETF, QQQQ in radically overbought territory.
This week’s overbought and oversold ETFs for Wednesday’s trading includes the DB Gold Double Long ETN, DGP.
Today marks the one-year anniversary of the 2009 bear market low, with the Dow up 61.2%, the S&P 500 up 68%, and the NASDAQ up 84%. Resonant of their leading index gains, technology ETFs led the day’s trading.
This week’s overbought and oversold ETFs you need to know for Tuesday includes an exclusive piece on our latest custom service for leveraged ETF traders.
Technology lead the way higher on muted Monday, with buyers also aggressive in financials and consumer cyclicals. See what ETFs moved into overbought territory as a result.
The most overbought and oversold ETFs for this upcoming Monday’s trading session is short and sweet. Check out the list as you gear up for next week’s trading. Good luck traders!
Buyers were on the offensive to finish the week, with financials and energies being the biggest sector beneficiaries. Up well over 3% were both the ProShares Ultra Financials ETF, UYG and the ProShares Ultra Oil & Gas ETF, DIG.