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.

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