Here’s an update to the BZB MLR Country Rotator model that runs on Telechart and uses a 6 period moving linear regression line as a momentum sorting criterion. Some of 2010′s high fliers are clearly under selling pressure and we note the largest volume pressure with IFN and GAF. The bright spot on the Rotator is EWJ, showing somewhat elevated volume and one of the lowest short interest ratios of the bunch. EWJ’s beta is also the lowest of the model components and a quick look at the daily chart will show why this is not a favorite of daytraders.
Related posts:
