Yesterday was another up day for the broad market averages with SPDR Dow Jones Industrial Average (NYSE: DIA) gaining 0.12% and other major stock market indexes also moving up. Despite the strength in the market, real estate ETFs moved towards oversold extremes with several ending the day with PowerRatings of 9 or 10. Five of… [Read More]
Traders reacted quickly after the Federal Reserve announced there would be no significant policy changes in the next few months. Selling was broad-based with major stock market indexes falling 1.3% or more. Bonds also sold off with iShares 20+ Year Treasury Bond (NYSE: TLT) falling 1.1% from its morning high. SPDR Gold Shares (NYSE: GLD)… [Read More]
Most of the stock market is stuck in neutral with only a few strong buy or sell setups. Among oversold stocks and ETFs, many are in one sector. Seven non-leveraged U.S. sector ETFs will start trading today with an oversold PowerRatings of 9 or 10. Six of those ETFs are in the real estate or… [Read More]
The market is remains oversold but not at levels that instantly inspire large moves higher. The lack of fear I’ve been mentioning since late last week continues in spite of the fact that the Secretary of the Treasury said the markets should be afraid of a government shutdown (one of the less educated comments made… [Read More]
Phil Suarez takes a look at the potential for further gains in both stocks and ETFs in the wake of the big rally on Tuesday.
Heading into trading on Friday, traders will also find increasingly oversold conditions in a number of commodity-based ETFs. Here are 7 ETFs You Need to Know for Friday.
With only the iShares for Japan among the country funds in oversold territory heading into trading on Monday, traders likely will be looking for the potential of profit-taking now in hopes of creating oversold conditions later in the week.
Overbought heading into trading on Friday, most ETF markets are in or near oversold territory as trading begins on Monday. Find out which funds are already oversold and which ETFs are only a pullback away in today’s edition of 7 ETFs You Need to Know.
Indian ETFs are among the country funds to have closed in oversold territory heading into trading on Wednesday. Find out what other exchange-traded funds traders are keeping an eye on in our latest edition of 7 ETFs You Need to Know.
Among the ETF markets trading in oversold territory above the 200-day moving average as trading begins on Friday are ETFs representing real estate and emerging markets – especially Latin America. Read more in today’s 7 ETFs You Need to Know.