On Friday, T2108 experienced a brief encounter with overbought conditions (70% or higher). My favorite technical indicator reached as high as 71.3% before settling in for a close of 68.3%.

With so few quality Materials ETFs available to investors, 53% of investor assets in Materials ETFs are invested in ETFs with Dangerous-or-worse Portfolio Management Ratings.

The Mid Cap Blend style ranks eighth out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report.

Welcome to edition 191 of Insider Weekends. Insider buying decreased last week with insiders purchasing $51.82 million of their stock compared to $151.76 million in the week prior.

Covering: Overnight Markets & News, US Stock Preview, Overnight Stock Movers, Market Comments , Global Event Calendar, and US Earnings Release Calendar.

The Marcellus Shale is the largest natural gas shale play in the U.S. and the most attractive target for energy development.