Will The ‘New Dow’ Shatter The 200-Day Moving Average? (ETF-DIA)

For the first time in over a year, the Dow is actually challenging the 200-day moving average. Adding two new components to the Dow may provide the boost needed to break above this significant trend line. Would such a break, however, mean that the worst is over, or is another collapse still possible?  It doesn’t happen […]

ETF RoundUp: Oversold Asia and Tech in the Balance (QQQQ, SPY, DIA, IWM, QLD, RSU, DXD)

Going into the holiday shortened week, most U.S. equity index ETFs were in oversold territory. While the PowerShares QQQ Trust ETF (QQQQ) continues to be oversold above its 200-day moving average, both the S&P 500 SPDRS ETF (SPY) and Dow Diamonds ETF (DIA) remain oversold below the 200-day moving average. The same can be said […]