INDU is retesting the 8,000 level again. As we can see, it’s currently over sold and the volume is slightly above average. As we have said before, around 8,000 is the major support level. For a short-term trade, it’s time to buy some.
Tag Archives: Buy
QQQQ
With all the tech stock buy back talks, QQQQ is ready for a rebound as well if this last candle shows more positive sign. It needs to break this SMA 5 first to speak of any possibility.
Top 5 ETFs (YTD)
I’m researching on ETFs for my Roth IRA investment options. The top 5 performers based on YTD data are XLE 19.89% (Energy Select Sector SPDR, not surprisingly, the crude reached at $57), IYE (iShares Dow Jones US Energy) 19.5%, VDE 19.44% (Vanguard Energy VIPERS), IXC 16.73% (iShares S&P Global Energy Sector) and IGE 14.17% (iShares Goldman Sachs Natural Resource).
Since I consider energy sectior quite extended for now, I won’t buy them at this point. The top 5 ETFs excluding energy related issues are EWY 11.52% (iShares MSCI South Korea Index), EWA 7.54% (iShares MSCI Australia Index), EPP 4.91% (iShares MSCI Pacific ex-Japan), EWS 4.88%(iShares MSCI Singapore Index) and ADRE 4.2% (BLDRS Emerging Markets 50 ADR Index).
We can see the underlying story, that is, Asia and Pacific are where the growth will be!
Top 5 ETFs (YTD)
I’m researching on ETFs for my Roth IRA investment options. The top 5 performers based on YTD data are XLE 19.89% (Energy Select Sector SPDR, not surprisingly, the crude reached at $57), IYE (iShares Dow Jones US Energy) 19.5%, VDE 19.44% (Vanguard Energy VIPERS), IXC 16.73% (iShares S&P Global Energy Sector) and IGE 14.17% (iShares Goldman Sachs Natural Resource).
Since I consider energy sectior quite extended for now, I won’t buy them at this point. The top 5 ETFs excluding energy related issues are EWY 11.52% (iShares MSCI South Korea Index), EWA 7.54% (iShares MSCI Australia Index), EPP 4.91% (iShares MSCI Pacific ex-Japan), EWS 4.88%(iShares MSCI Singapore Index) and ADRE 4.2% (BLDRS Emerging Markets 50 ADR Index).
We can see the underlying story, that is, Asia and Pacific are where the growth will be!
LFC
LFC bounces back after touching the uptrend line. The bounce came with decent volume. It’s a buying opportunity right now. The Dec 30 covered calls expired worthless. I will sell some covered calls at 30 level again. This time, it may break 30 and move forward, but I’d rather buy it back later at higher price after it takes out 30.