The headlines are heralding the four day losing streak. The RSI portfolio had a good up day today, so I don’t look at today as a losing streak. But right now the pressing question is, What to buy next? The choice, for me, is the following recent RSI candidates:

• ELEMENTS Rogers Intl Commodity Agri ETN (RJA)
  • It has recovered nicely and has continued its uptrend
  • Good strong volume
  • Would be a good portfolio diversifier
• PowerShares Listed Private Equity (PSP)
  • Still heading south
  • Trading on low volume
  • I like the concept
• iPath DJ-UBS Copper TR Sub-Idx ETN (JJC)
  • Consolidating for the last few days
  • Trading on low volume
  • I like copper in a global market recovery
• Market Vectors Coal ETF (KOL)
  • Could be completing the dip
  • Should do well in a global market recovery
• iShares MSCI EAFE Small Cap Index (SCZ)
  • Could be completing the dip
  • International small cap has a strong performance history

I have to pick two. One I will buy soon, the other I will buy after jiggering around some of my funds. With the pros & cons, I have to go with RJA as my prime choice. Here is the chart.

It certainly, to me, looks strong and it is beating the market. RJA is a “must buy” for my portfolio. The second choice is a tough choice. I lean toward JJC but the low volume is a problem. I have some time to wait.

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No new RSI picks tonight. Have a great weekend.