August 28, 2014

Daily Short-Term, High-Probability, Mean Reversion Indicator

Short-Term, High-Probability, Mean Reversion Indicator

I hope that all of you find the following information useful in your trading endeavors. I will be back later with my daily market commentary.

Benchmark ETFs

  • S&P 500 (SPY) – 64.9 (neutral)
  • Dow Jones (DIA) – 64.2 (neutral)
  • Russell 2000 (IWM) – 58.8 (neutral)
  • NASDAQ 100 (QQQQ) – 75.6 (overbought)

Sector ETFs

  • Biotech (IBB) –52.2 (neutral)
  • Consumer Discretionary (XLY) – 70.3  (overbought)
  • Health Care (XLV) – 60.7 (neutral)
  • Financial (XLF) – 50.1 (neutral)
  • Energy (XLE) – 65.7 (neutral)
  • Gold Miners (GDX) – 37.6 (neutral)
  • Industrial (XLI) – 63.9 (neutral)
  • Materials (XLB) – 49.0 (neutral)
  • Real Estate (IYR) – 78.5 (overbought)
  • Retail (RTH) – 65.6 (neutral)
  • Semiconductor (SMH) – 64.2 (neutral)
  • United States Oil Fund (USO) – 51.2 (neutral)
  • Utilities (XLU) – 44.9 (neutral)

International ETFs

  • Brazil (EWZ) – 25.8 (oversold)
  • China 25 (FXI) – 52.1 (neutral)
  • EAFE (EFA) – 55.4 (neutral)
  • South Korea (EWY) – 42.7 (neutral)

Commodity ETFs

  • Gold (GLD) – 52.9 (neutral)

Ultra Extremes

  • Small Cap Bear 3x (TZA) – 39. 1(neutral)
  • Small-Cap Bull 3x (TNA) – 57.2 (neutral)
  • UltraLong QQQQ (QLD) – 74.7 (overbought)
  • Ultra Long S&P 500 (SSO) – 63.0 (neutral)
  • Ultra Short S&P 500 (SDS) – 32.9 (neutral)
  • UltraShort 20+ Treasury (TBT) – 57.6 (neutral)

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Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy