09/29 – ETF Trading – No Trades Today

Our short trade entry signal for IWM failed to trigger yesterday. IWM and the broader market worked off an over-bought condition with yesterday’s sell-off – see the updated chart for SPY below.

Our etf trading signals are now weighted toward shorting etfs since SPY and other index etfs are now trading below their 200 day moving averages. Why is that important? David Penn of TradingMarkets.com discusses the importance of the 200 day moving average in this article.

So, we’ll patiently wait for a stock market rally to trigger our short selling trading signals.

Discover all the simple etf trading signals in the book by Larry Connors: High Probability ETF Trading – now at a really great price with the release of the paperback edition! Get your copy today and be ready for the next etf trading session.

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.

—–

Afraid to trade? Let Warren Buffett manage your portfolio – AlphaClone

—–

• 02/02 - ETF Trading - EWH, EWZ, SPY, SSO Markets closed higher yesterday and triggered our exit signals for EWH and EWZ - unfortunately for us, at a loss. We still have full trading positions or SPY and/or SSO. Should the market move higher today, we will be able to take our gains! Our exit signals are triggered when......
• 03/03 - ETF Trading - No Trades Today The broader market closed higher yesterday. However, the chart for SPY shows the market is in neutral territory (see the updated chart for SPY below - notice the RSI 2 reading). We'll wait for a market sell-off to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in......
• 04/05 - ETF Trading - FXY FXY closed slightly higher yesterday, but certainly not enough to trigger our exit signals. An updated stock chart is posted below. Our exit signals for FXY are triggered when the etf price is greater than it's 5 day moving average, or - for a potentially larger gain - when the......

• 10 Investment Tips for Beginners: #9. Don't try to time the market. Timing the market is a fool's game. Just admit that you don't have a crystal ball or a time machine, develop a plan and follow it. If timing the market worked, we would all buy low and sell high... but then, there wouldn't be anyone to sell to or......
• Stock Trading Boom Online stock trading has created a boom in the industry of stock market. It has made everyone to enjoy the excitement and thrill of stock trading by using your computer system. It has made possible to continue trading even if you are out of town, therefore, you can have......
• Best Stock Trading Philosophies Many believe that stock trading can be such an intimidating task, it is important to study the philosophies of others who are more experienced at stock trading in order to form your own philosophy that will ensure your success. By studying the stock trading philosophies of others, you are......