Sunday, June 13, 2010

Sector ETFs

Let's have a look at some sector ETFs

XLE (energy)
XLF (financial)
XLV (health care)
XLP (consumer staples)
VNQ (real estate)
XLI (industrial)
XLB (materials)

I wrote the comments directly on the charts. I am using DMI on daily charts just as a confirmation of an intermediary trend not as a buy/sell signal. Also by looking at the direction of the SMA200 (declining, rising or flat) I am getting a clue if a market/ETF has slipped into a bear or a bull market. A slip bellow SMA200 does not necessarily mean that the stock is now in a bear market, it only means that the long term has turned bearish. Some of the ETFs have mixed signals.










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