June 23, 2017

30 day Risk-Free Trial – Small-Caps Nearing Extreme

Not too much going on today. The Russell 2000 (IWM) and Biotech sector (IBB) have moved into an overbought state, but not yet near an extreme. My proprietary short-term overbought/oversold model shows IWM is getting very close and a decent open to the upside tomorrow could push it there. I will be waiting and as always I will send out an alert if and when a signal occurs.

Okay, I have been doing this for over two years now and yes, I am finally offering a 30 day risk-free trial offer for the first time ever. I truly feel that I offer a service that is unlike any other and by capping my subscribers (75 per strategy) I am able to concentrate on what is important. If you would like to know more about the service browse around the site and of course you can email me with any questions that you might have. Give us a try!

Overbought/Oversold levels for July 21, 2008

ETF Extremes Options Strategy

* S&P 500 (SPY) – 60.4 (neutral)
* Dow Jones (DIA) – 66.0 (neutral)
* Russell 2000 (IWM) – 72.6 (overbought)
* NASDAQ 100 (QQQQ) – 45.8 (neutral)

Sector ETF Extremes Options Strategy

* Biotech (IBB) – 71.5 (overbought)
* Consumer Discretionary (XLY) – 57.8 (neutral)
* Health Care (XLV) – 50.7 (neutral)
* Financial (XLF) – 67.9 (neutral)
* Energy (XLE) – 48.3 (neutral)
* Industrial (XLI) – 59.7 (neutral)
* Materials (XLB) – 66.3 (neutral)
* Real Estate (IYR) – 64.0 (neutral)
* Retail (RTH) – 45.7 (neutral)
* Utilities (XLU) – 45.4 (neutral)

If you would like to follow my strategies with real-time alerts or have them autotraded by a participating broker please click the following link! Try our strategies for a 30 day risk-free trial!