If you’ve ever distrusted the earnings estimates of stock market analysts, it looks like you’ve had good reason to be skeptical.The following chart shows an interesting pattern. At the top left, we see global stock prices plunging roughly three months …
If you’re wondering how broad based the current rally is, this post will highlight some of the sectors that are showing the most price momentum and strength in their up-trends.We evaluate a selection of what I call “Benchmark ETFs” as proxies for vario…
Question of the day: Is it really just a bear market rally when we are starting to see so many ETFs moving above their 200-day moving average?Many analysts consider a stock moving above its 200-DMA to be a buy signal. Furthermore, it is also said that …
I mentioned last week that I was seeing a group of AlphaDEX ETFs on the TradeRadar Trend Leaders list. I was not at all familiar with the name but since they were performing so well I felt they deserved a look. It turns out they are managed by First Tr…
ProShares has a diversified lineup of ETFs that allows investors to adopt various strategies based on individual sectors, market-cap, desire to be long or short, etc.Of the 64 ETFs currently offered, it is clear that some are more popular than others. …
Oil hit $100 a barrel on Tuesday. My response was to sell my position in the PowerShares DB Oil Fund (DBO).This ETF has been in a trading range since November 2007. It has recently been threatening to fall out of this range with many speculators worrie…
The iShares FTSE/Xinhua China 25 Index ETF (FXI) has been in a downtrend for months. In the last month or so it has bounced off a support level in the $140 area several times. The ETF has finally begun to turn up. On Tuesday it came right up against it…
It was a gut feeling as much as anything, but it seemed to me that financial stocks were ready for a bit of a resurgence. Watching the UltraShort Financial ETF (SKF) jump and then proceed to plunge on Tuesday was the first tipoff. Seeing that behavior …
We saw a hint yesterday but today we got the confirmation. The iShares FTSE/Xinhua China 25 Index ETF (FXI) has been carving out a wedge-shaped chart pattern for weeks but it has now broken to downside.On October 31, 2007, FXI established its peak clos…