Archive for July, 2009

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. 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.

• 08/09 - ETF Trading - Gains on USO, SCO A nice little gain or our short oil trade - our etf exit signals for USO triggered Friday and we took a gain of 1.92%. The leveraged etf trade in SCO yielded a gain of 3.41%. We didn't have a full trading position for this trade, but we still had......
• 04/15 - ETF Trading - Gains on USO, UCO Nice gains on the oil trade! Our etf exit signals triggered for USO and UCO. We gained 2.09% on USO and 3.55% on UCO. All in a 3 day trade! All trades were at the market close. Updated charts are posted below. You can download the spreadsheet for the etf......
• 12/8 - ETF Trading - EWC, USO, UCO Good morning. Yesterday, USO (and UCO) moved lower and you took your initial position in the trade. EWC moved higher and we did not take that trade. Should USO (or UCO) move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf......

• Jim Cramer's 10 commandments of stock trading. Here are some tips for trading stocks (NOT investing!) based on Jim Cramer's 10 Commandments of Stock Trading as covered in his book: Jim Cramer's Real Money: Sane Investing in an Insane World. 1. Never turn a trade into an investment. Know thy purpose. You must approach the purchase......
• UK property prices continue to recover. The dwindling supply of property and an improving market confidence have combined to boost the average UK house price, with the price climbing to £156,100 up 0.2% from August but remaining 5.6% below the level of September 2008. In August, the average house price bumped 0.1% from July and......
• 7 Online Discount Brokers That Offer Stock Trades for $7 Or Less This article comes from DR at The Dough Roller, a blog about how to make more money, spend less, and invest the rest. As investors have become more and more comfortable trading stocks and options over the Internet, a number of online discount brokers have entered the market. Zecco was......

ETF Trading – USO, SCO

Same ol’ story.  Follow my notes from yesterday.  I’ve posted updated charts.  Take your gains at the close of the stock market trading day should USO move below it’s MA(5) or should SCO move above it’s MA(5).

Otherwise, we’re just waiting on a market pull-back so that we can take some long etf stock trading positions .

• ETF Trading - USO, UCO, EWH A nice 2.08% gain on USO, yesterday, if you exited on the (MA)5 signal. Otherwise, we're still in the trade for USO and UCO and we'll take our gains on the RSI(2)>70 signal. All etf trades are at the market close. Our signal for EWT did not trigger yesterday. Consider......
• Hello (Stock Trading) World! Greetings, Stock Traders, Let me introduce myself as a stock trader with a special interest in ETF stock trading.  My interest in ETFs came from reading two books by Larry Connors: Short Term Trading Strategies That Work High Probability ETF Trading: 7 Professional Strategies To Improve Your ETF Trading I've......
• 9/29 - ETF Trading - FXI, EWW, USO, UCO, XLU, UPW Good morning. We took trading gains yesterday as half of our etf stock picks from last Thursday (9/24) triggered their exit signals. All of these etf trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.......

• How To Define Support and Resistance in Day Trading Stocks Support and resistance are specific price levels which either support prices on declines in down trends or which resist prices on rallies in up trends. In an up trend, short term and day traders will attempt to buy at support or at levels of support. In a down trend, day......
• Are ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......
• When Stock Market Trading Volumes Thin In the days leading up to Christmas, and various other times throughout the year, stock market trading thins considerably.  Trading volume levels decrease as stock exchanges close early and many institutions are simply happy to hold onto their positions and wait out the end of the year with their gains.......

ETF Trading – USO, SCO, DIA, QQQQ

Oil continued to move higher yesterday and so did USO . Perhaps you took an initial short position. Short a second position at the end of the day should it close higher again. Otherwise, take your gains should the closing price move below it’s 5 day moving average.

As I mentioned yesterday, you can also short USO by taking a long position in SCO. SCO seeks to replicate, net of expenses, twice the inverse daily performance of the Dow Jones AIG Crude Oil Sub-Index.

I’ve posted the charts for DIA and QQQQ. Boy, this market sure looks overbought! Notice the high RSI(2) readings.

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

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• ETF Trading - AGG, EWT, EWC, GLD AGG moved higher yesterday, and you took your gains at the market close! EWT retreated yesterday. We'll patiently wait for our exit signal in order to take our gains. Among my "watch list" suggestions yesterday, EWC and GLD turned out to be the most promising. Perhaps you took your first......
• 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......
• 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......

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• iShare MSCI Germany (EWG) - Confusion of the Acronym The iShare MSCI Germany shares are selling higher and have the largest output of money as shown on Wednesday, January 13th. iShare MSCI Germany stocks are being sold on strength which is the reason this company has topped the index charts. iShare MSCI Germany is a type of ETF; an......
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