One change we like to track are the ETFs that move up into Quintile 1&2 and those that drop to Quintile 4&5 in a given week. This can many times give you early opportunities of an exchange traded fund that is is gathering strength, and likewise one that is clearly under performing the broader range of funds.
Thank you for reading this post, don't forget to subscribe!Moving into Quintile 1&2
GAF – S&P Emerging Middle East
IAI – iShares US Broker Dealers
PBW – Powershares Clean Energy ETF
FXI – iShares China Large Cap ETF
Dropping Down to Quintile 4&5 (Underperformance)
SCHD – Schwab US Dividend Equity ETF (this one might be a surprise, but remember this is based upon comparison to all the other tracked ETFs. So, you can have an ETF that is still bullish but compared to the rest of the 160+ tracked it might underperform in comparision. You see this is very bullish markets – and this one is basically flat over 3 months despite the gains this past week)
JJC – iPath Copper ETF
