Even though GOOG and MSFT and FDN (the internet ETF) made ATHs today, they didn’t even make it into the top tier of QQQ gainers today
(This is QQQ-100, sorted by green gainers, intraday, today only
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Looking at that last table you’d think the advance is “broad-based,” but we know better.
Anyway, let’s run the same QQQ table and change it to “WEEK TO DATE”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BofA's calculation of the world's most overbought and oversold assets, based on their deviation from the 200 DMA:
Most overbought are:
1. European Equities
2. UK Equities
3. EM Equities
4. US Equities
5. Pacific Rim ex-Japan
And most oversold:
1. US Dollar
2. Government Bonds
3. Gold
4. Investment Grade Bonds
5. Oil
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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