ETF Screener: The ETF Kaleidoscope

With the market’s surprise rally this week, we were surprised to find more new sell signals than buy signals in this week’s ETF screener. Unlike the previous few weeks, there wasn’t a major theme connecting buy or sell signals together. Instead we have a hodgepodge of ETF styles.

We are in the process of screening the holdings of some of the ETFs with technical analysis buy signals. If we find any companies worth of your consideration, we will post them in the Correct Call Calendar.

ETFs with buy signals.

• iShares S&P Global Consumer Staples (KXI)
  
• iShares FTSE NAREIT Mort Plus Cp Idx (REM)
  
• iShares S&P 100 Index (OEF)
  
• PowerShares Value Line Industry Rotation (PYH)
  
• Rydex Russell Top 50 (XLG)
  
• Claymore/Zacks Sector Rotation (XRO)
  
• First Trust Value Line 100 ETF (FVL)
  
• PowerShares Value Line Timeliness Select (PIV)
  
• PowerShares Dynamic OTC (PWO)
  

ETFs with sell signals.

• BLDRS Asia 50 ADR Index (ADRA)
  
• Market Vectors Russia ETF (RSX)
  
• PowerShares FTSE RAFI Japan (PJO)
  
• Wireless HOLDRs (WMH)
  
• iPath CBOE S&P 500 BuyWrite Index ETN (BWV)
  
• Market Vectors Agribusiness ETF (MOO)
  
• WisdomTree Total Earnings (EXT)
  
• Rydex S&P Equal Weight Industrials (RGI)
  
• SPDR Dow Jones Mid Cap (EMM)
  
• MidCap SPDRs (MDY)
  
• Rydex S&P 500 Pure Growth (RPG)
  
• RevenueShares Large Cap (RWL)
  
• SPDR Dow Jones Mid Cap Growth (EMG)