For today, RSI selected a ultra fund, meaning that it is leveraged and moves at twice the amount of the underlying index. Let’s look at the pick:

• Buy 143 shares ProShares Ultra Semiconductors (USD); Stop = -$6.95 Target = +$20.83 Volatility = 7.66%

This selection has experienced a change in direction from a downtrend to an uptrend in the past couple of months. It has certainly been beating the overall US market and money is flowing into USD. It has had a bit of a setback over the past two days, maybe setting up for a minor correction. If interested, enter this trade after the dip is over.

Catch you later.