Three Leverage ETF Models Get Bearish

Using the 2:30 numbers as closing numbers 3 models say, "Sell Today"  They are Real Estate( DRN ) Energy( ERX ) and  Finance( FAS ).


So in the paper account we will be selling.

Score - Bulls: 7   Bears: 3

----   T H E   B U L L S   ----

• Biotechnology as represented by BIB
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS

All Leveraged ETF Models Are Bullish

The models missed the recent rise in the market,  it'll be interesting to see if the rise continues.

I missed 3 models: Finance as represented by FAS,  Retail as represented by RETL and  SP 500 as represented by SPXL , going bullish yesterday.  And today the remaining 7: Biotechnology( BIB ) Real Estate( DRN ) Energy( ERX ) Mid Caps( MIDU ) Technology( TECL ) Small Caps( TNA )  and Russell 2000( URTY ) followed suit.

As such all 10 will be purchased in  the paper account.


Score - Bulls: 10   Bears: 0
----   T H E   B U L L S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY

----   T H E  B E A R S   ----

No Changes Since 9/4

The models are still bearish.  The system is missing out on a nice rise in prices.

This morning I rebuilt the models and got the same results.

All 10 Leverage ETF Models Are Bearish

With today's overall market run-up the models for all 10 etfs went to the sell side.

So in the paper account we will be selling: Biotechnology( BIB ) Real Estate( DRN ) Energy( ERX ) Finance( FAS ) Mid Caps( MIDU ) Retail( RETL ) SP 500( SPXL ) Technology( TECL ) Small Caps( TNA ) Russell 2000( URTY ) 

Score - Bulls: 0   Bears: 10
----   T H E   B U L L S   ----

----   T H E  B E A R S   ----

• Biotechnology as represented by BIB
• Real Estate as represented by DRN
• Energy as represented by ERX
• Finance as represented by FAS
• Mid Caps as represented by MIDU
• Retail as represented by RETL
• SP 500 as represented by SPXL
• Technology as represented by TECL
• Small Caps as represented by TNA
• Russell 2000 as represented by URTY