In the coming week, traders need to watch the earnings calendar. We are still early in the earnings season with only 190 companies having reported so far but according to Bespoke Investment Group, reports have been followed by high volatility. The average stock is up 0.45% on the day they report according to Bespoke’s analysis…. [Read More]
Washington reached a deal to reopen the government and avert a default just hours before their deadline. Interest rates on ten-year Treasury notes fell on the news and are now down to 2.67%, about the same level they have been at since late September. Thirteen-week Treasury bills are up sharply since this crisis began. Thirteen-week… [Read More]
Trading By the Numbers There may have been fewer more overbought markets heading into the trading week than the markets of the energy sector. And after Monday’s strong sell-off, energies still remain among the most overbought.
Inside The Machine: Volatility is the lifeblood of short term trading. Find out why volatility is a crucial element for traders looking to buy weakness and sell strength in today’s edition of Inside The Machine.
Today in 7 ETFs You Need to Know: Traders continue to sell markets across the board, with technology experiencing particularly sharp pullbacks – and top PowerRatings – heading into Wednesday’s trading day.
Heading into trading on Thursday, there is no sector more oversold than the energy sector as traders take profits from a group that has been among the better performing groups in the stock market. Read more in Thursday’s edition of 7 ETFs You Need to Know.
Heading into trading on Wednesday, energy-related exchange-traded funds are among the most oversold in the market. Find out which funds are pulling back and which funds are moving to new, short term highs in the latest edition of 7 ETFs You Need to Know.
Here are 3 ETF funds and 3 profitable exits based on our “buy the selling, sell the buying” trading strategies.
This week’s most overbought and oversold ETFs for Monday’s trading include the ProShares UltraShort Oil & Gas ETF, DUG.
Materials were up on the final trading day of the week, as exchange-traded funds like the ProShares Ultra Basic Materials ETF, UYM rallied from a one-day dip into oversold territory above the 200-day moving average.