Trading Mentor Newsletter for December 28, 2016

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ETF Of The Day: Buy or Sell?

RUSL at $97.90

The Score for RUSL is 72, which is 44% above its historic median score of 50, and infers lower risk than normal.

RUSL is currently trading in the 70-80% percentile range relative to its historical Stock Score levels.

This Score is currently showing a higher than normal reading, suggesting risk levels may be somewhat lower than normal.


ETF Watchlist

UGAZ at $46.45

UGAZ share price is $46.45, which is 37% above its 200-day moving average of $33.79

UGAZ share price is $46.45, which is 12% above its 8-day exponential moving average of $41.56

UGAZ share price is $46.45, which is 18% above its 20-day exponential moving average of $39.31

UGAZ share price is $46.45, which is 31% above its 50-day exponential moving average of $35.44

The RSI is 61.03 which suggests that UGAZ is technicallyneither overbought nor oversold.

SOXL at $63.63

SOXL share price is $63.63, which is 69% above its 200-day moving average of $37.63

SOXL share price is $63.63, which is 5% above its 8-day exponential moving average of $60.52

SOXL share price is $63.63, which is 9% above its 20-day exponential moving average of $58.16

SOXL share price is $63.63, which is 17% above its 50-day exponential moving average of $54.37

The RSI is 66.01 which suggests that SOXL is technicallyneither overbought nor oversold.


ETF Danger Zone

JDST at $46.60

JDST share price is $46.6, which is 36% below its 200-day moving average of $72.25

JDST share price is $46.6, which is 6% below its 8-day exponential moving average of $49.68

JDST share price is $46.6, which is 3% above its 20-day exponential moving average of $45.27

JDST share price is $46.6, which is 18% above its 50-day exponential moving average of $39.58

The RSI is 55.53 which suggests that JDST is technicallyneither overbought nor oversold.

DUST at $59.30

DUST share price is $59.3, which is 3% below its 200-day moving average of $61.09

DUST share price is $59.3, which is 6% below its 8-day exponential moving average of $63.10

DUST share price is $59.3, which is 1% below its 20-day exponential moving average of $59.75

DUST share price is $59.3, which is 10% above its 50-day exponential moving average of $54.09

The RSI is 52.16 which suggests that DUST is technicallyneither overbought nor oversold.

DWTI at $50.83

DWTI share price is $50.83, which is 46% below its 200-day moving average of $94.68

DWTI share price is $50.83, which is 8% below its 8-day exponential moving average of $55.45

DWTI share price is $50.83, which is 18% below its 20-day exponential moving average of $62.25

DWTI share price is $50.83, which is 26% below its 50-day exponential moving average of $68.38

The RSI is 38.93 which suggests that DWTI is technicallyneither overbought nor oversold.


Buy-Rated Stocks

Gamestop (GME) is a Buy

Chart for GME

Gamestop (GME) rating changed from Sell to Buy on 2016-12-27.

Risk levels may be somewhat lower than normal.


Lowe’s Companies (LOW) is a Buy

Chart for LOW

Lowe’s Companies (LOW) rating changed from Sell to Buy on 2016-12-27.

Risk levels may be somewhat lower than normal.


Sell-Rated Stocks

Discovery Communications (DISCK) is a Sell

Chart for DISCK

Discovery Communications (DISCK) rating changed from Buy to Sell on 2016-12-22.

Risk levels may be somewhat higher than normal and additional caution is warranted.


Discovery (DISCA) is a Sell

Chart for DISCA

Discovery (DISCA) rating changed from Buy to Sell on 2016-12-22.

Risk levels may be somewhat higher than normal and additional caution is warranted.


FX Spotlight

FXE at $101.57

The Score for FXE is 30, which is 40% below its historic median score of 50, and infers higher risk than normal.

FXE is currently trading in the 20-30% percentile range relative to its historical Stock Score levels.

This Score is currently showing a lower than normal reading, suggesting risk levels may be somewhat higher than normal and additional caution is warranted.