Tag Archives: USO

DBC is Full of Oil

In the last two days, DBC, the commodity ETF managed by Deutsche Bank, and USO and UCO, two other ETFs that are energy related, all dropped exactly -3.50%. The high 60-day rolling correlation between DBC and the other two ETFs is … Continue reading

Posted in ETF Analysis, Technical Analysis | Tagged , , , | Comments Off

Price Action Lab Alert for Monday, April 2, 2012

This alert is about long and short signals in major ETFs. Share

Posted in Price Action Lab Alerts, Price Action Lab Patterns | Tagged , , , , , , , , , , , | Comments Off

ETF Trends – Week of March 19, 2012

I have seen this movie before. No, it is not Déjà vu. It is part of The Game. Forget about economic fundamentals and indicators.  The game is much more sophisticated than most people think. It involves mass psychology and social media use, … Continue reading

Posted in ETF Analysis | Tagged , , , , , , , | Comments Off

ETF Trends – Week of March 12, 2012

In the report of last week I wrote that “index ETFs remain in overbought territory and it is quite possible they get a spillover of the increase in volatility from the commodity sector.” The correction started at the open of Monday and lasted for … Continue reading

Posted in ETF Analysis | Tagged , , , , , , , | Comments Off

Short-term Correction or Market Top?

In my last ETF Trends report I noted that index ETFs were in overbought territory and that a spillover of commodity volatility into the stock market was possible. Since the beginning of this week SPY and QQQ have lost about … Continue reading

Posted in ETF Analysis, Price Action Lab Patterns | Tagged , , , , , , , , , , , | Comments Off

ETF Trends – Week of March 5, 2012

As expected in the report of last week, volatility increased after sizable corrections in precious metals. Index ETFs remain in overbought territory and it is quite possible they get a spillover of the increase in volatility from the commodity sector. Share

Posted in ETF Analysis | Tagged , , , , , , , | Comments Off

Short-term Direction Probabilities for Popular ETFs

The probabilities for profitable short-term long and short positions based on a typical profit target and stop-loss equal to 2%, are listed for eleven popular ETFs, as of the close of March 1, 2012. These probabilities were calculated using the p-indicator. Share

Posted in ETF Analysis, Market Statistics | Tagged , , , , , , , , , , , | Comments Off