Top 10 / Bottom 10 Picks For Leveraged ETFs Over the Next 10 Market Days

Looking out 2 Weeks.

Sym	Scale 5-0
Positives (long)
KOLD	4.11
DGAZ	3.94
EUO	3.59
TMF	3.35
MORL	3.32
QLD	3.18
DGLD	3.13
YCS	3.09
UST	3.06
DDM	3.02
Negative (short)
TTT	1.29
VIXM	1.27
SRS	1.24
UCO	1.22
SPXS	1.19
SOXS	1.12
DRV	1.08
UGAZ	0.65
EDC	0.64
BOIL	0.43

Interim Report - Last Week's 2 Weeks Call so far

Sym	Scale 5-0	5 Day % Change
Positives (long)
DUG	3.75	-3.16%
FAS	3.62	5.01%
BZQ	3.57	-9.98%
LABU	3.46	3.59%
BIB	3.3	3.36%
URTY	3.27	0.45%
URE	3.24	-1.14%
UWM	3.2	0.37%
ERY	3.08	-4.09%
TQQQ	3.08	2.26%
Average		-0.33%
Negative (short)
SQQQ	1.53	-2.57%
UCO	1.51	5.41%
LBJ	1.48	13.65%
SRS	1.44	1.15%
DOG	1.43	-2.16%
YANG	1.38	-12.51%
SPXU	1.33	-3.35%
ULE	1.18	1.25%
MIDZ	1.15	-0.44%
TMV	1.05	3.72%
Average		0.42%

From 2 Weeks Ago

Sym	Scale 5-0	10 Day % Change
Positives (long)
UYG	3.55	2.66%
BZQ	3.5	-5.20%
EURL	3.48	10.40%
JNUG	3.47	17.62%
AGQ	3.43	1.74%
QLD	3.33	2.27%
URE	3.32	-1.69%
USLV	3.25	2.47%
YINN	3.25	15.39%
SSO	3.14	3.29%
Average		4.90%
Negative (short)
LBJ	1.45	15.37%
MIDZ	1.45	-1.14%
SPXS	1.43	-4.72%
QID	1.34	-2.39%
SQQQ	1.32	-3.59%
SOXS	1.17	-3.36%
YANG	1.16	-14.58%
JDST	1.15	-17.60%
VIXY	1.12	-11.96%
DUST	0.94	-16.93%
Average		-6.09%

Top 10 / Bottom 10 Picks For Selected Leveraged ETFs Over the Next 2 Market Weeks

The models say the market may recover over the next 2 weeks.

Sym	Scale 5-0
Positives (long)
DUG	3.75
FAS	3.62
BZQ	3.57
LABU	3.46
BIB	3.3
URTY	3.27
URE	3.24
UWM	3.2
ERY	3.08
TQQQ	3.08
Negative (short)
SQQQ	1.53
UCO	1.51
LBJ	1.48
SRS	1.44
DOG	1.43
YANG	1.38
SPXU	1.33
ULE	1.18
MIDZ	1.15
TMV	1.05

In the interim last week's 10 day call is holding up well.

Sym	Scale 5-0	5 Day % Change
Positives (long)
UYG	3.55	-0.42%
BZQ	3.5	8.25%
EURL	3.48	4.70%
JNUG	3.47	2.93%
AGQ	3.43	-0.35%
QLD	3.33	2.94%
URE	3.32	0.56%
USLV	3.25	-0.76%
YINN	3.25	4.95%
SSO	3.14	2.06%
Average		2.49%
Negative (short)
LBJ	1.45	-0.22%
MIDZ	1.45	-2.50%
SPXS	1.43	-2.98%
QID	1.34	-2.90%
SQQQ	1.32	-4.30%
SOXS	1.17	-0.51%
YANG	1.16	-5.32%
JDST	1.15	-4.31%
VIXY	1.12	-9.21%
DUST	0.94	-4.98%
Average		-3.72%

 The call from 2 weeks ago did well with 3 exceptions on the long side $TMF, $YINN and $GUSH; and 1 on the short side $FAZ.

Sym	Scale 5-0	10 Day % Change
Positives (long)
DGAZ	4	7.13%
KOLD	3.68	6.90%
TMF	3.28	-3.82%
ERY	3.27	1.37%
YINN	3.16	-7.50%
DUG	3.15	1.08%
UGLD	3.15	0.98%
UPRO	3.14	0.09%
BIS	3.11	6.03%
GUSH	3.11	-6.69%
Average		0.56%
Negative (short)
BIB	1.6	-6.03%
RUSS	1.59	-2.50%
CURE	1.53	2.79%
SDOW	1.53	-1.49%
EDC	1.48	-7.09%
SPXS	1.45	-0.06%
FAZ	1.43	2.14%
VIXY	1.43	-3.84%
UBIO	1.04	-8.96%
BOIL	0.93	-6.85%
Average		-3.19%

 

Top 10 / Bottom 10 Picks For Leveraged ETFs Over the Next 10 Market Days

Personally I think the market will be down next week. 

Sym	Scale 5-0
Positives (long)
UYG	3.55
BZQ	3.5
EURL	3.48
JNUG	3.47
AGQ	3.43
QLD	3.33
URE	3.32
USLV	3.25
YINN	3.25
SSO	3.14
Negative (short)
LBJ	1.45
MIDZ	1.45
SPXS	1.43
QID	1.34
SQQQ	1.32
SOXS	1.17
YANG	1.16
JDST	1.15
VIXY	1.12
DUST	0.94

Last week's 10 day call is holding up despite $YINN and $GUSH & $RUSS and $VIXY.

Sym	Scale 5-0	5 Day % Change
Positives (long)
DGAZ	4	9.08%
KOLD	3.68	6.47%
TMF	3.28	-1.85%
ERY	3.27	6.37%
YINN	3.16	-7.72%
DUG	3.15	4.71%
UGLD	3.15	0.31%
UPRO	3.14	-2.31%
BIS	3.11	5.66%
GUSH	3.11	-13.83%
Average		0.69%
Negative (short)
BIB	1.6	-5.69%
RUSS	1.59	7.87%
CURE	1.53	0.11%
SDOW	1.53	-0.10%
EDC	1.48	-7.74%
SPXS	1.45	2.32%
FAZ	1.43	1.53%
VIXY	1.43	5.11%
UBIO	1.04	-8.61%
BOIL	0.93	-6.49%
Average		-1.17%

From 2 weeks ago; the long call wasn't too bad (with the exception of $USLV). The short call  average was destroyed by the $JDST and $DUST.

Sym	Scale 5-0	10 Day % Change
Positives (long)
RETL	3.47	-1.81%
ERY	3.41	6.67%
DUG	3.35	4.82%
KOLD	3.22	8.10%
DTO	3.21	0.98%
EDZ	3.11	14.10%
DGAZ	3.07	10.68%
UDOW	3.02	0.65%
USLV	3	-14.02%
SVXY	2.97	-2.49%
Average		2.77%
Negative (short)
RWM	1.5	0.51%
SKF	1.49	0.28%
ULE	1.49	-0.91%
DGLD	1.47	2.82%
DOG	1.4	-0.17%
GUSH	1.4	-10.36%
JDST	1.38	19.13%
SPXU	1.38	0.51%
DUST	1.19	21.35%
EDC	1.18	-13.54%
Average		1.96%

 

MACD with RSI Expecting A Major Market Turn ... Down

Using a simple MACD & RSI scan  against  a couple hundred ETFs  it looks like the overall market is going to go down.   There are a bunch of sell calls (and buy calls for inverse ETFs).    See below.

check bom for possible sell
check ijr for possible sell
check pff for possible sell
check psq for possible buy - inverse etf
check qid for possible buy - inverse etf
check qld for possible sell
check qqq for possible sell
check rew for possible buy - inverse etf
check rwm for possible buy - inverse etf
check smll for possible sell
check spuu for possible sell
check sqqq for possible buy - inverse etf
check srty for possible buy - inverse etf
check tecl for possible sell
check tecs for possible buy - inverse etf
check tqqq for possible sell
check twm for possible buy - inverse etf
check tza for possible buy - inverse etf
check xlk for possible sell


The scan logic  is simple:
   MACD crossing over MACD Signal with a RSI cross under at 30 is a BUY
 while
   MACD crossing under MACD Signal with a RSI cross over at 70 is a SELL



code:
      ix is the current date position.
      delta = 30;
        if (outMACD[ix] > outMACDSignal[ix] & outMACD[ix - 1] < outMACDSignal[ix - 1]) {
            if ((outRSI[ix] > delta & outRSI[ix - 1] < delta) | (outRSI[ix - 1] > delta & outRSI[ix - 2] < delta) | (outRSI[ix - 2] > delta & outRSI[ix - 3] < delta))
                System.out.println("check " + symbol + " for possible buy");
        } else if (outMACD[ix - 1] > outMACDSignal[ix - 1] & outMACD[ix - 2] < outMACDSignal[ix - 2]) {
            if ((outRSI[ix - 1] > delta & outRSI[ix - 2] < delta) | (outRSI[ix - 2] > delta & outRSI[ix - 3] < delta) | (outRSI[ix - 3] > delta & outRSI[ix - 3] < delta))
                System.out.println("check " + symbol + " for possible buy");

        } else if (outMACD[ix] < outMACDSignal[ix] & outMACD[ix - 1] > outMACDSignal[ix - 1]) {
            if ((outRSI[ix] < (100 - delta) & outRSI[ix - 1] > (100 - delta)) | (outRSI[ix - 1] < (100 - delta) & outRSI[ix - 2] > (100 - delta))
                    | (outRSI[ix - 2] < (100 - delta) & outRSI[ix - 3] > (100 - delta)))
                System.out.println("check " + symbol + " for possible sell");

        } else if (outMACD[ix - 1] < outMACDSignal[ix - 1] & outMACD[ix - 2] > outMACDSignal[ix - 2]) {
            if ((outRSI[ix - 1] < (100 - delta) & outRSI[ix - 2] > (100 - delta)) | (outRSI[ix - 2] < (100 - delta) & outRSI[ix - 3] > (100 - delta))
                    | (outRSI[ix - 3] < (100 - delta) & outRSI[ix - 4] > (100 - delta)))
                System.out.println("check " + symbol + " for possible sell");

        }