05/12 – ETF Trading – No Trades Today

The broader stock market remains nearly overbought (see the updated chart for SPY below – notice the relatively high RSI(2) reading). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals.

How do we find the etf candidates to trades? It’s a very simple set of rules to follow. Larry Connors details just how easy it is to find high probability etf trading candidates. (Rule 2 is under 25)

Discover variations of this and other etf trading strategies in the book by Larry Connors: High Probability ETF Trading.

His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. Take your ETF trading to the next level in High Probability ETF Trading. This new strategy book, complete with exact trading rules, is backed by over a decade of statistical results.

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.

—–

Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

• 11/10 - ETF Trading - XLF, SKF We have a short trading position in XLF and we're just waiting for a continued stock market sell-off to trigger our etf exit signals. The leveraged trade is in SKF. Updated charts are posted below. Our exit signals are triggered when the closing price for XLF is lower than it's......
• 10/29 - ETF Trading - FXI FXI closed ever so slightly higher yesterday; as such, we did not enter the trade. However, keep FXI on your watch list today. Again, take the first of 2 long trading positions should the etf close with an RSI(2) less than 10. We may take a second trading position in......
• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound to trigger some new etf......

• 8 Rules for Selecting Actively Managed Mutual Funds I'm currently reading John C. Bogle's book, "Common Sense on Mutual Funds". In his chapter on simplicity he stresses a buy and hold investment strategy to best keep pace with average market returns. To attain as close to average market returns as possible, Bogle recommends simply owning the entire U.S.......
• The Single Best Investment By Lowell Miller If you have ever wanted to get into investing, but you weren’t sure where to start, there are thousands of books out there that will get you started. But they are not all created equal. From sky high hope crushers to real world advice, you’ll have plenty of topics to......
• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......