Sunday, May 31, 2015

Nasdaq Summation Index (29 May 15): Bearish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Leveraged ETFs (29 May 15): SOXL $41.41

Buy (61) shares SOXL @ $41.41
Target Price (10%): $46.00

Volatility ETFs (29 May 15): XIV $45.19

Buy (56) shares XIV @ $45.19
Target Price (10%): $50.00