07/19 – ETF Trading – A Gain and a Loss

A small gain on our S&P trade: our etf exit signals triggered on Friday for SPY and SDS with the large market sell-off. We gained 1.12% shorting SPY. For the leveraged trade in SDS, we gained 1.92%.

Our etf exit signals triggered for XLU on Friday as well. We had a small loss of 0.13% shorting XLU. For the leveraged trade in SDP, we lost 0.07%.

All trades were at the market close. Review them with our monthly results. Friday’s charts are posted below.

I have no etf trading opportunities to suggest for today. The broader market is over-sold and under its 200 day moving average. A stock market rebound will trigger some new short etf trading signals.

Be ready for the next set of etf trading signals. Get the most popular chapter of Larry Connors’ best selling book in this FREE Report. Learn one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.

Updated charts:

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.

—–

Scared to trade? Let the world’s top fund managers guide you in this market – AlphaClone

Blog Traffic Exchange

Related Posts
  • 03/03 - ETF Trading - FXI, FXP Good morning. FXI moved higher yesterday and you took your second short position in the etf trade. Take your third short position should FXI close higher today. Otherwise, our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain -......
  • ETF Trading - We're Waiting for a Pull-back World markets are down this morning. We're patiently waiting for a market pull-back to trigger our entry signals. All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The strategies have only a few rules and you'll be able to......
  • 05/26 - ETF Trading - IWM, UWM IWM barely closed lower yesterday, but not lower than our second entry price of last Thursday. Consequently, we're still waiting to take the third trading position in the etf trade. Likewise for the leveraged etf trade in UWM. Our etf trading strategy is to scale in with up to three......
Blog Traffic Exchange

Related Websites
  • ETFs at tax time I often recommend ETFs as being a low cost alternative to stock index mutual funds. Low expenses, and a liquid market (for popular ETFs) that trades during the day, not just the day's closing price are among the features that EFTs offer. Given the recent pullback in the price of......
  • Choosing the Right Types of Investments If you have a regular, traditional type of pension plan, then your employer is responsible for making all of your investment decisions in your place. With most other types of retirement plans that are out there, however, you are the one that is in the driver's seat. Some people believe......
  • Amazing Strategies On Search Engine Optimisation - Is Google With Us Or Alternatively Against Us You may not go very far in this world of UK SEO without seeing views, spread all around the net, in many cases yelling and screaming at Google. Several fairly recognised web marketers vow that Google all of a sudden dumped their particular websites right into a so-called "sandbox." Others......