01/13 – ETF Trading – SPY, SSO, IWM, UWM

Good morning. Yesterday’s market sell-off generated the signals for our etf trading set-ups. Another sell-off today will give us some good entry points.

Put SPY and IWM on your watch list. Take an initial position should these move lower today. For a leveraged trade on SPY, consider SSO. For a leveraged trade on IWM, consider UWM. All trades are at the market close. Please trade responsibly.

SPY – The investment seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index.

SSO – The investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the S&P 500 index.

IWM – The investment seeks investment results that correspond generally to the price and yield performance of the Russell 2000 index.

UWM – The investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the Russell 2000 index.

Join me every day as I offer new etf trading ideas for you to follow.

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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