Trading Mentor Newsletter for December 29, 2016

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ETF Of The Day: Buy or Sell?

UGAZ at $50.91

The Score for UGAZ is 80, which is 60% above its historic median score of 50, and infers lower risk than normal.

UGAZ 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

BRZU at $30.35

BRZU share price is $30.35, which is 3% above its 200-day moving average of $29.39

BRZU share price is $30.35, which is 9% above its 8-day exponential moving average of $27.82

BRZU share price is $30.35, which is 8% above its 20-day exponential moving average of $28.02

BRZU share price is $30.35, which is 0% above its 50-day exponential moving average of $30.23

The RSI is 54.49 which suggests that BRZU is technicallyneither overbought nor oversold.

SGG at $42.11

SGG share price is $42.11, which is 4% below its 200-day moving average of $43.67

SGG share price is $42.11, which is 3% above its 8-day exponential moving average of $40.77

SGG share price is $42.11, which is 1% above its 20-day exponential moving average of $41.50

SGG share price is $42.11, which is 3% below its 50-day exponential moving average of $43.48

The RSI is 49.88 which suggests that SGG is technicallyneither overbought nor oversold.


ETF Danger Zone

JDST at $41.92

JDST share price is $41.92, which is 41% below its 200-day moving average of $70.61

JDST share price is $41.92, which is 13% below its 8-day exponential moving average of $47.97

JDST share price is $41.92, which is 7% below its 20-day exponential moving average of $44.94

JDST share price is $41.92, which is 6% above its 50-day exponential moving average of $39.68

The RSI is 48.42 which suggests that JDST is technicallyneither overbought nor oversold.

SOXL at $59.93

SOXL share price is $59.93, which is 59% above its 200-day moving average of $37.80

SOXL share price is $59.93, which is 1% below its 8-day exponential moving average of $60.39

SOXL share price is $59.93, which is 3% above its 20-day exponential moving average of $58.33

SOXL share price is $59.93, which is 10% above its 50-day exponential moving average of $54.59

The RSI is 56.17 which suggests that SOXL is technicallyneither overbought nor oversold.

DUST at $56.00

DUST share price is $56, which is 7% below its 200-day moving average of $60.36

DUST share price is $56, which is 9% below its 8-day exponential moving average of $61.54

DUST share price is $56, which is 6% below its 20-day exponential moving average of $59.37

DUST share price is $56, which is 3% above its 50-day exponential moving average of $54.16

The RSI is 47.74 which suggests that DUST is technicallyneither overbought nor oversold.


Buy-Rated Stocks

Celgene (CELG) is a Buy

Chart for CELG

Celgene (CELG) rating changed from Sell to Buy on 2016-12-22.

Risk levels may be somewhat lower than normal.


Henry Schein (HSIC) is a Buy

Chart for HSIC

Henry Schein (HSIC) rating changed from Sell to Buy on 2016-12-21.

Risk levels may be somewhat lower than normal.


Sell-Rated Stocks

Archer Daniels (ADM) is a Sell

Chart for ADM

Archer Daniels (ADM) rating changed from Buy to Sell on 2016-12-22.

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


Accenture plc (ACN) is a Sell

Chart for ACN

Accenture plc (ACN) rating changed from Buy to Sell on 2016-12-28.

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


FX Spotlight

FXE at $101.10

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.