Many traders have talked about the idea that markets have a tendency to move higher toward the end of the month. But is there any truth to this behavior? We decided to investigate the “end of the month” tendency and here’s what we found.
For high probability traders looking for opportunities to trade extreme pullbacks, the current market offers a number of potential exchange-traded funds including these leveraged ETFs, both 2x and 3x, which are worth noting.
Here’s a focus on some of those markets that are oversold above the 200-day. These ETF markets include country funds and sector ETFs, as well as, a few leveraged ETFs that high probability traders may want to keep an eye on.
Traders looking for opportunities to take advantage of the overbought conditions that persist in a number of markets especially country ETFs may have some luck with these stocks and ETFs with PowerRatings of 2 or even 1.
These financial and energy stocks have been rebounding over the past few days and may be potential targets for traders looking for stocks to sell short on rallies.
Overbought conditions can be found in the energy group today in both stocks and exchange-traded funds alike. High probability traders should keep an eye on these for opportunities over the next few days.
These inverse leveraged country and regional ETFs are among those that topped the Leveraged ETF PowerRatings “Biggest Upgrades” roster on the final trading day of the week. See which funds made our report.
U.S. markets were off to a strong start on Thursday with the leveraged end of the technology ETF market earning top PowerRatings. Here are a number of ETFs from this sector to keep an eye on.
The oil disaster in the Gulf of Mexico has understandably focused attention on the oil and energy sector. Here’s a look at some of the recent market action in this sector through the prism of high probability trading principles.
Real estate and REIT-related funds are some of the sector ETFs in today’s report that are earning top ETF PowerRatings and top ETF PowerRatings upgrades. Learn more about how to add ETF PowerRatings to your short-term trading.