August 20, 2017

Post-Expiration Weakness and the Official Launch of the ETF Advantage

Seasonal weakness is upon us as the day following options expiration is historically bearish. Over the course of the last ten years Wednesday is the only  positive day during the post-expiration period while Thursday is historically the weakest day of post-expiration week. with only 42% of the days being positive. 

We have officially launched the our first stock-based strategy called ETF Advantage. The strategy is based around the RSI (5) indicator. Our goal is to keep the strategy as simple as possible to prove that elaborate investment techniques are not needed in order to outperform the market on an annual basis. 

After a few screens we were able to bring the number of ETFs we follow from over 300 to 25. We can’t wait to get started and are very excited about the potential of this particular strategy. Subscribers to our newsletter will receive trade alerts when we place a trade in the strategy. Purchase our White Paper  and receive 4 issues of our newsletter/two free for two months. A small cost to learn a valuable and simple strategy. 

Oversold/Overbought levels for January 19, 2007  

  •    SPY – 63.1 (neutral)
  • DIA – 67.2 (neutral)
  • IWM – 46.2 (neutral)
  •   QQQQ – 39.5 (neutral)
  •   OIH – 60.3 (neutral) 
  •    GLD – 70.9 (neutral)

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Watch and learn firsthand how we implement our strategies. 

Have a great night!  

AndrewCrowder, Chief Investment Strategist, www.crowderinvestments.com