Overbought/Oversold Reading for July 25th – Crowder’s Options Strategies

As I reported last week, every Friday my blog will only contain the overbought-oversold readings for the ETFs I follow for my strategies. My commentary or market review/preview will be available each Sunday.

Have a great weekend!

Andy

Overbought/Oversold levels for July 25, 2008

ETF Extremes Options Strategy

* S&P 500 (SPY) – 45.5 (neutral)
* Dow Jones (DIA) – 42.5 (neutral)
* Russell 2000 (IWM) – 61.0 (neutral)
* NASDAQ 100 (QQQQ) – 55.9 (neutral)

Sector ETF Extremes Options Strategy

* Biotech (IBB) – 85.3 (very overbought)
* Consumer Discretionary (XLY) – 49.1 (neutral)
* Health Care (XLV) – 68.8 (neutral)
* Financial (XLF) – 51.1 (neutral)
* Energy (XLE) – 27.4 (oversold)
* Industrial (XLI) – 55.8 (neutral)
* Materials (XLB) – 30.6 (neutral)
* Real Estate (IYR) – 51.5 (neutral)
* Retail (RTH) – 40.4 (neutral)
* Utilities (XLU) – 18.2 (very oversold)

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