Weekly Picks- Buy:SRS,SKF,SMN,VXX Sell:IYR,XLF
The Current Picks page has been updated. Have a look by clicking Current Picks here or up on the top of the page.
Below I will only mention the new signals that have occurred this week.
Upgrades
SRS ProShares UltraShort Real Estate (ETF)
upgraded to BUY on Apr 16 at $29.18 (SELL Apr 05 at $28.60)
SKF ProShares UltraShort Financials (ETF)
upgraded to BUY on Apr 16 at $18.11 (SELL Feb 16 at $24.17)
SMN ProShares UltraShort Basic Materls (ETF)
upgraded to BUY on Apr 16 at $34.01 (SELL Mar 29 at $34.95)
VXX iPath S&P 500 VIX Short Term F
upgraded to BUY on Apr 16 at $19.97 (SELL Feb 11 at $31.40)
Downgrades
IYR iShares Dow Jones US Real Estate (ETF)
downgraded to SELL on Apr 16 at $50.24 (BUY Apr 05 at $51.05)
XLF Financial Select Sector SPDR (ETF)
downgraded to SELL on Apr 16 at $16.36 (BUY Feb 16 at $14.34)
Notes:
URE and UYG are off my list after the splits because of charting issues.
Disclaimer:
I am only giving the latest signal for the stock mentioned. Use at your own risk and make sure to take the date into consideration. If you have been trading for a while you should have realized that relying solely on the strategies of others (think Analyst Opinions) will lead to failure so please only take the signals I provide just as another indicator in making your informed BUY or SELL decision. Now go Make some MONEY!
Have a good weekend.
-K
