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 -......
  • 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......
  • 10/14 - ETF Trading - USO, SCO For our short trade, USO closed lower yesterday, and triggered our 5 day moving average signal for a gain of 1.77% - all in less than a week. The inverse trade in SCO yielded a gain of 3.28%. Updated charts are posted below. If you're waiting for the RSI 2......
Blog Traffic Exchange

Related Websites
  • Day Trading Forex, Futures and Stock Market Invisible Indicators When day trading (or even swing trading or investing) Forex, futures, the stock market or any other market, there are essentially 2 types of indicators or signals you can use: Obvious  Market Signals: These are things that everyone sees. They are very important for you to see for some important......
  • Should Stocks Be in Your Retirement Plan? On May 6, 2010, the stock market taught us that a computer glitch a/k/a "trading error" can decimate a retirement nest egg populated with stocks. (Source) Speaking as a baby boomer in the final years of our accumulation phase, I'm sick of it. You probably are as well. Investment advisers......
  • Discreet Approaches Of Promoting A Video Marketing Internet Site In case you are a proprietor or a manager of a video marketing or social media marketing website which is used for business purposes, odds are that you devote much of your entire day searching for various ways of promoting a website. In case you are only a small time......