π Insurance Pops Out
π Daily ETF Overview
The value of our ETF rankings scan is that in a split second we can identify where money is flowing in and out. By looking at when ETFs turn from red to green and vice versa, it's a sign the relative trend is shifting.
Because we know markets trend, these transitions can often mark the beginning stages of a longer-term trend reversal.
What stood out this week was Insurance $IAK which transitioned from red to green. And this makes total sense considering IAK has just broken out of this major base.
So long as IAK holds above 140, this looks like the beginning move of a longer-term trend.
Before we close, we have a message here that if you've got a job and can't babysit a screen all day to catch these moves, most trading services aren't built for you.
Grant runs U.S. positions from the other side of the world, asleep while Wall Street is open, using orders he sets before the bell. He's showing you exactly how it works on a free live training, July 15th at 8 PM ET.
