Tracking ETF’s is a great way to track the flow of big money and spot sector/industry rotation. It’s said that half the move in a stock is directly related to the health of the industry it’s in, so sticking to stocks in industries where the money is flowing keeps you outperforming! Of course, you could just trade the ETF for better diversification.
The following table is a portion of the ETF Tracker, a Self Investors database which tracks only the most liquid ETF’s (currently about 200). It’s sorted by DI 15 which is a Demand Indicator score over 15 trading days. It measures the demand in an ETF by using price and volume data.
| Description | Current Price |
Price % Change |
Vol %Chg |
DI 15 |
DI 30 |
% From 50 DMA |
% From 200 DMA |
||
|---|---|---|---|---|---|---|---|---|---|
| SMN | ProShares Ultra Short Basic Materials | Basic Materials Short 2x | 38.16 | -1.67 | 12 | 41 | 44 | -9.49 | -18.53 |
| UYG | ProShares Ultra Financials | Financials Long 2x | 31.59 | -6.51 | 141 | 35 | 28 | -6.92 | -35.48 |
| DUG | ProShares Ultra Short Oil & Gas | Oil & Gas Short 2x | 38.55 | -3.14 | 66 | 34 | 33 | -7.33 | -9.89 |
| TAO | Claymore China Real Estate | China Real Estate | 19.15 | 0.26 | -79 | 26 | 27 | -9.24 | -9.24 |
| IIH | HLDRS Internet Infrastructure | Internet Infrastructure | 5.53 | -1.25 | -84 | 18 | 19 | 1.28 | 2.98 |
| EFU | ProShares Ultra Short MSCI | Emerging Markets Short 2x | 85.59 | -0.09 | -46 | 17 | 19 | -3.66 | 5.99 |
| ITB | IShares Home Construction | Home Construction | 19.54 | -6.73 | 143 | 17 | 17 | 6.72 | -10.9 |
| EWT | Ishares Taiwan | Taiwan | 16.47 | -2.43 | 21 | 14 | 20 | 11.74 | 6.67 |
| MVV | ProShares Ultra Midcap | Midcaps Long 2x | 64.53 | -1.99 | 4 | 13 | 15 | -1.63 | -21.39 |
| URE | ProShares Ultra Real Estate | Real Estate Long 2x | 33.44 | -6.2 | 28 | 12 | 17 | 7.46 | -17.25 |
| XHB | SPDR Homebuilders | Home Builders | 21.55 | -5.9 | 38 | 11 | 15 | 6.84 | -5.94 |
| IGM | Ishares Technology | Technology | 51.84 | -0.86 | -74 | 11 | 15 | 1.55 | -8.46 |
| IGW | Ishares Semis | Semiconductors | 51.07 | -1.07 | 194 | 10 | 23 | 0.69 | -16.02 |
Notice that only 2 ETF’s are above both moving averages, the Internet Holders Trust (IIH) and the iShares Taiwan (EWT). IIH is a bit too illiquid for my taste (trades just under 40K shares a day) but Taiwan looks great and recently broke out on news of victory for the opposition party, the Kuomintang (KMT) which is expected to repair relations with China. It’s overbought in the short term though and I’d be looking at an entry on a return to the trendline in purple
All the other ETF’s listed are coming off bottoms, but are also a bit overbought in the short term. I’m really liking the leveraged ProShares Ultra Real Estate ETF (URE) and a pull back to around 30 would offer a decent entry for the long haul. I just want to see stochastics get more neutral at least and preferably in oversold territory.
The ETF Tracker is one of 3 great tracking systems that Self Investors provides. Breakout Stocks and IPO Trackers are also available to Silver, Gold and Platinum members. See all membership options here. Your support of my independent research and tools with the purchase of premium memberships is greatly appreciated 🙂
Disclaimer: I personally own a position in DUG. None of the ETF’s mentioned above are recommendations to buy. Please do your own research.