Another market index pick & world index September 23, 2010
Posted by Marlowe Cassetti in ACWX, MDY.trackback
Another couple of picks today:
- Buy 270 shares iShares MSCI ACWI ex US Index (ACWX); Stop = -$3.69 Target = +$11.08 Volatility = 3.65%
- Buy 166 shares SPDR S&P MidCap 400 (MDY); Stop = -$5.99 Target = +$11.98 Volatility = 4.25%
ACWX is a world index fund minus the US. RSI recently picked its sister fund that included the US. Confusing … right. A bit thinly traded but it is beating the overall market. Wait for a pullback if you are inclined to buy this one.
MDY is the mid-cap iconic index that sports a lot of volume. Again, wait for a pullback opportunity.
Catch you later.
Advertisement
Comments»
No comments yet — be the first.