Daily Stock Market Commentary with an emphasis on ETFs and stock options.

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Biotech (IBB) trade, 3/24 gap in QQQQ, and more ETFs for the Insiders Page

Posted on March 27, 2008

I have decided, by request, to add two more sectors to the Daily Overbought/Oversold Report. Powershares Agriculture (DBA) and the Powershares Commodity tracking fund (DBC). Both have decent liquidity and will certainly be worthy additions to our current list which now totals 21 (5 on the community blog and the other 16 on the Insiders Page).On a similar note, I placed a trade in the PaperTrade Extremes strategy today (Insiders Only). I placed the following trade in the Biotech sector (IBB) after it had moved into an extreme overbought state.IBB moved up at the open which allowed for a decent ...

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etf , etfs , markets , options , overbought , oversold , sp , tracking fund