Archive for July, 2009

ETF Trading – TIP, GLD, FXE

Nice move on TIP, yesterday. You took your gains on the close after holding the etf for just 2 days!

GLD and FXE moved higher yesterday. You should be into one long unit if you’re trading these etfs. Wait to take your gains on the exit strategies found in High Probability ETF Trading.

No other trading signals have triggered.  Let’s wait on a pullback for some more long entry points.

This weekend, I hope to give you a monthly wrap-up of the stock trades we made this month.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• ETF Trading - SLV, EWJ OK, lets's get started trading. Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today: SLV EWJ Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position......
• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound to trigger some new etf......
• ETF Trading - USO, SCO, TIP, GLD, FXE Wow - nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy. TIP continued to pull back yesterday - we're into the second long unit. GLD and FXE also moved lower yesterday. You should be into your first long unit if you're trading these etfs.......

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ETF Trading – USO, SCO, TIP, GLD, FXE

Wow – nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy.

TIP continued to pull back yesterday – we’re into the second long unit.

GLD and FXE also moved lower yesterday. You should be into your first long unit if you’re trading these etfs. GLD traders should also consider UGL.

This weekend, I hope to give you a monthly wrap-up of the stock trades we made this month. These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 06/01 - ETF Trading - USO, SCO, FXI, FXP I hope you had a nice holiday weekend. I hope you took some time to be thankful for those who have given their lives for the freedoms we enjoy today. To get caught up, we're into our first short positions in the USO and/or FXI etf trade. For the leveraged......
• 10/06 - ETF Trading - FXI, SPY, SSO Good morning. Another winning etf trade as FXI moved higher yesterday. We took our gain as the price moved higher than the MA(5). SPY and SSO moved higher yesterday, so we did not enter the trades. We'll wait for the next market correction for new trading opportunities. All of these......
• 12/09 - ETF Trading - Gain on SPY, SH, SDS We took a small gain on our short trade in SPY. Our exit signal triggered with yesterday's sell-off and we took a small gain of .67% at the close. The inverse trades in SH and SDS yielded gains of .47% and .95% repsectively - not quite the gains like we......

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• Eat Right For Your Type This book is considered to be one of the most controversial diet books on the market and it certainly raises a lot of interesting issues that are normally avoided in the diet industry. Although a lot of people believe that metabolism and genetic predisposition can lead to weight problems, the......

ETF Trading – TIP, USO, SCO, GLD, FXE

The signals for TIP triggered yesterday – we’re into the first long unit.

USO closed below it’s MA(5). Per the rules we’ve been following, this resulted in a losing trade (it’s High Probability ETF Trading – not “guaranteed results” trading).

Another exit strategy to consider is to exit the trade when the RSI(2) falls below 30 (USO was a short trade). As such, you could still be in the trade with the opportunity to still profit!

SCO has still not moved above it’s MA(5). With the price of oil down this morning, perhaps a large decline in oil today will produce a winning etf trade with SCO.

Other etfs to watch today include GLD and FXE, though the results for commodity and currency etf trades are not as predictable as country and market etfs. You could take initial long positions should these close lower today.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 06/04 - ETF Trading - USO, SCO Markets continued to move higher yesterday and so did oil. We're still waiting for our etf exit signals to trigger for our short trade in USO. The inverse, leveraged etf trade is in SCO. Our etf exit signals are triggered when the closing price for USO is lower than it's......
• 06/15 - ETF Trading - USO, SCO, FXI, FXP USO closed higher yesterday, but not enough to trigger a new trade. Take a second short trading position only if the closing price of USO moves higher than our first short trade. Use this signal to make the trade for SCO. FXI closed lower yesterday. We'll only take a third......
• 12/2 - ETF Trading - No Trades Today Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are moving toward an overbought condition. We'll wait for a stock market pull-back to trigger some new entry signals. Once we get an etf trading signal, we won't always take just one trading......

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ETF Trading – AGG, TIP

AGG and TIP look ready for a long entry point. Enter a long trade at the market close should AGG and/or TIP close lower today.

AGG: The iShares Barclays Aggregate Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the total United States investment grade bond market as defined by the Barclays Capital U.S. Aggregate Bond Index.

TIP: The iShares Barclays Treasury Inflation Protected Securities Bond Fund seeks results that correspond generally to the price and yield performance, before fees and expenses, of the inflation-protected sector of the United States Treasury market as defined by the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L).

Otherwise, we’re waiting to exit our trades on USO and SCO.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 12/28 - ETF Trading - No Trades Today Good morning. I hope you had a nice Christmas and holiday break. The market drifted higher on lower volume last week - typical of holiday trading and a "Santa Claus" rally. However, the major indices remains overbought as shown in the chart of SPY I've posted. Notice the high RSI(2)......
• 9/16 - ETF Trading - EWJ Put EWJ on your watch list today, and take an initial position should it close lower. iShares MSCI Japan Index Fund (EWJ) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of publicly traded securities in the aggregate in the Japanese market,......
• 12/3 - ETF Trading - No Trades Today This market remains overbought - see the high RSI(2) value on the chart for SPY. We'll wait for a stock market pull-back to trigger some new trading entry signals. All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability......

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ETF Trading – USO, SCO

There are no new etf trading opportunities to suggest today. We’re patiently waiting for the stock market to change course and provide us with new stock trading opportunities.

We’re also patiently waiting to take our gains on USO and/or SCO. Take your gains when the closing price of USO closes below it’s 5 day moving average.  Eventhough the RSI(2) is high, do not enter any more short positions, as the etf has moved above it’s MA(200).

For SCO, you’ll take your gains when the stock price closes above it’s 5 day moving average.

Updated stock charts are posted:

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 01/28 - ETF Trading - EWH, EWZ, SPY, SSO Just to reiterate, we have a full trading position in EWH and EWZ, and one trading position in SPY and SSO. Should SPY and/or SSO sell-off strongly and below the price of our initial trade, consider adding a second position. Otherwise, we're waiting for the markets to advance a bit......
• 06/21 - ETF Trading - USO, SCO, FXI, FXP We have a full short trading position in USO and/or FXI. If you're trading the inverse etfs, you have a full trading position in SCO and/or FXP. We're now just waiting for our etf exit signals to trigger. Our exit signals are triggered when the closing price for USO or......
• 04/08 - ETF Trading - No Trades Today We had a nice sell-off yesterday. Yet the market is in neutral territory (see the updated chart of SPY below). Let's wait for more stock market selling to trigger some new etf trading signals. As I write this, the european markets are selling off strongly. Perhaps the selling will carry......

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