11/30 – ETF Trading – EWH, FXI, IWM, UWM

Good morning. Hope you had a great Thanksgiving holiday.

To finish some business we left before the holiday, some of you had been waiting for EWH and the RSI(2)>70 exit signal. That signal triggered at the close last Wednesday, and you took a gain on the trade of 1.20%.

Today, put FXI and IWM on your watch list. For those looking for a leveraged trade on IWM, put UWM on your list as well. Buy any of these etfs at the market close should they move lower in price today. Please trade responsibly.

FXI seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 index.

IWM seeks investment results that correspond generally to the price and yield performance of the Russell 2000® Index.

ProShares Ultra Russell2000 – UWM – seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Russell 2000® Index.

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Join me every day as I offer new etf trading ideas for you to follow.

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.

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