10/22 – ETF Trading – IWM, UWM, EWC

Yesterday’s late day sell-off gave us the etf trading signals we were seeking.

We have our first trading position in these etfs – IWM, UWM and EWC. Take your second long position at the market close, should any of these etfs move lower today. We did not take a trading position in EWZ, as it moved higher yesterday.

Learn all the etf trading rules. They’re found 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. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session.

Updated charts are shown. All trades are at the market close. Please trade responsibly!

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.

• 11/4 - ETF Trading - IWM, UWM, EWC, EWT, EWY Markets closed higher yesterday and triggered an exit signal for EWC - unfortunately for us, at a loss. However, if you're still holding onto the position, you might be able to minimize your loss, or even take a gain, as world markets have moved higher overnight and futures are pointing......
• 04/25 - ETF Trading - No Trades Today The broader market closed higher last Thursday, leaving the S&P 500 in a over-bought condition (see the updated chart for SPY below - notice the RSI 2 reading over 90). We'll make no trades today - a market sell-off will trigger some new etf trading signals. While we're waiting for......
• 09/08 - ETF Trading - No Trades Today We'll make no trades today. The broader market closed higher yesterday and is now moving toward an over-bought condition. Another day or 2 of higher closes will trigger our short etf trading signals. Our etf trading signals are now weighted toward shorting etfs since SPY and other index etfs are......

• Jim Cramer: Sell Your Stocks While watching the Today Show this morning I was very surprised by Jim Cramer's words. He said it is time to get out of the stock market (note: huge caveat follows). Economists almost always say to stay the course and not to panic. Plus we know that when the market......
• Exchange Traded Funds a.k.a ETFs It’s time for another investment post in the My First Portfolio series.  I hope you have enjoyed reading about Mutual Funds, Stocks , and Dividends.  Today we are going to discuss another type of investment option that is available for our investment portfolios. Exchange Traded Funds are also known as......
• Dividend Investment Portfolio December 2011 Update If you follow my blog you may remember that my original Perpetual Income Machine eventually morphed into my dividend investment portfolio.  Now every couple months I update those specific stocks which are on my "watch list" for the following months to come. While the stocks I am purchasing change......