Larry Connors will be managing money on a full-time basis beginning in 2015. Therefore, this summer will be the final time that he will be teaching his strategies and research to the public. Starting in July and up through a live 2-day event Larry will be holding in the NYC area in September, he will be teaching his… [Read More]
Last year was the worst year for gold since 1981 as the metal fell 28.2%. Other commodities also suffered large losses in 2013. Corn fell 39.6%, coffee declined 23% and sugar was off 15.9%. Although they may still be in long-term downtrends, several commodity markets gave short-term buy signals. The broad commodity market is oversold… [Read More]
Last week ended with a number of European ETFs deeply oversold. Seven country ETFs from that region enter this week’s trading with a 2-period RSI of 5.0 or less. iShares MSCI Sweden Index Fund (NYSE: EWD) is the most oversold by that indicator with a 2-period RSI of 0.87. A PowerRatings of 10 indicates the… [Read More]
The PowerShares DB U.S. Dollar Index Bullish ETF, UUP, again tops the list of most oversold exchange-traded funds. See what other ETFs made our most overbought and oversold list for Tuesday.
This week’s most overbought and oversold ETFs for Thursday’s trading includes the Elements/Rogers International Commodity Index – Total Return ETN, RJI.
Health care ETFs bounced higher on Wednesday, before reversing to the downside. This negative price action left the Health Care Select Sector SPDRS ETF, XLV lower on the day. See what other ETFs were affected by Wednesday’s market news here.
The following is a list of the most overbought and oversold ETFs for Wednesday’s trading. Among those listed is the Oil Service HOLDRS ETF, OIH.
This week’s most overbought and oversold ETFs for Tuesday includes the iShares MSCI Taiwan Index Fund ETF, EWT among several others.
This week’s most overbought and oversold ETFs for Monday’s trading includes the PowerShares Wilderhill Clean Energy Portfolio ETF, PBW.
This week’s most overbought and oversold ETFs for Friday’s trading includes the iShares Barclays 1-3 Year Treasury Bond Fund, SHY.