Archive for September, 2009

9/25 – ETF Trading – FXI, EWW, USO, UCO, XLU, UPW

Good morning. Yesterday’s market sell-off gave us the etf buying signals we were looking for!

You should be long in the first position for any of the following etfs that I listed yesterday:

FXI, EWW – Country ETFs

USO, UCO – Commodity ETFs

XLU, UPW – Sector ETFs

Our etf trading strategy is to buy a second position should any of these etfs move lower today. Otherwise, our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It’s your call on which exit signal to use.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.

Join me every day as I offer new etf trading strategies 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.

• 03/17 - ETF Trading - XLE, DIG Good morning - Happy St. Patrick's Day! XLE closed lower yesterday and you took your third and final position in the etf trade. Likewise for the leveraged etf trade in DIG. Now, we'll just wait for our exit signals to trigger. Our etf exit signals are triggered when the etf......
• 10/23 - ETF Trading - IWM, UWM, EWC, EWT, EWY We took our first trading position in IWM, UWM and EWC on Wednesday. Yesterday's rally pushed prices higher, but not enough to trigger our exit signals. Exit the trade at the market close when the etf price is greater than the MA(5), or - for a potentially larger gain -......
• 09/03 - ETF Trading - IWM, TWM The market continued higher yesterday and so did IWM. You took your first short position in the etf trade. For the leveraged trade, you took your first long position in TWM. Updated charts are posted below. As mentioned yesterday, we'll scale in with up to three 3 positions. So, take......

• Junior Gold Miners ETF, the Bubble in Gold and What You Should Worry About Over the Weekend Is there a bubble in gold? Liz Weston thinks so.  And if you talk to Matt at Steadfast Finances, he'll be quick to agree. I'd concede there's definitely a boom or "bandwagon" effect happening with money flowing into gold right now, but I'm not convinced it can be called a......
• Six Tips for Long-term Investment Success The most attractive feature for people to put all of their cash in banks is that they offer rates of interest which vary between current accounts and saving accounts. Depending upon their usage and cash demands, people choose between these two types of accounts but these days the rates of......
• Get Far More Site Visitors To Your Web Site We all know that site visitors will be the most important thing for a profitable Web enterprise company. You'll find lots of dependable approaches to jumpstart your traffic flows, though most of them would price some money. In this write-up I'd like to tell you about my favorite internet promotion......

9/24 – ETF Trading – FXI, EWW, USO, UCO, XLU, UPW

Good morning. Yesterday’s market sell-off gave us some trading signals and possible  entry points.

Today we’ve got country etfs, commodity etfs and sector etfs to potentially trade. Per the strategies of High Probability ETF Trading, country etfs are the most consistent in results.

For country etfs, put FXI and EWW on your watch list today, and take an intial position should either one of these close lower.

The iShares FTSE/Xinhua China 25 Index Fund (FXI) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 Index.

The iShares MSCI Mexico Investable Market Index Fund (EWW) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Mexican market, as measured by the MSCI Mexico Investable Market Index.

For commodity etfs, put USO on your watch list today and take an initial position should it close lower. You can also trade the leveraged etf UCO.

USO seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil.

ProShares Ultra DJ-UBS Crude Oil (UCO) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index.

Finally, a sector etf to trade is XLU. Take an intial position should this close lower today. For a leveraged play, consider UPW.

The Utilities Select Sector SPDR (XLU) invests primarily in companies that produce, generate, transmit or distribute electricity or natural gas.

ProShares Ultra Utilities (UPW) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities IndexSM.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.

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

• 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......
• 08/18 - ETF Trading - SPY, SDS, FXI, FXP The market rebounded yesterday, generating several short trading opportunities. Consider taking a short trading position in SPY or FXI should either etf close higher today. If you're unable to short SPY or FXI, take a long trading position in the inverse etfs - SDS or FXP. However, follow the etf......
• 09/15 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday, with an RSI 2 greater than 75, giving us a short trading opportunity. Should it close higher today, consider taking your first short position in the etf trade. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price......

• 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......
• Choosing A Bond ETF Choosing a bond ETF may seem to be a particular daunting task, especially during these times.  How will you know which one is right for you?  There are many options available in bond market ETFs.  The first step in choosing the right one is to know exactly what an ETF......
• Zecco and Prosper: Two Great New Ways to Invest I love mutual funds. You love mutual funds. They are great all around investment tools and I highly recommend them - especially those low-fee Vanguard funds. However, I'm thinking mutual funds aren't quite as sexy as they used to be. Yes, my money is slowly drifting to some newer, sultry......

9/23 – ETF Trading – No Trades Today

Good morning. Our stocktrading entry signals did not trigger for EWJ, and FXI yesterday. As such, we did not enter the trades.

Markets seem to be on hold as we wait for the Fed to make a statement this afternoon. We’ll just wait for the markets to present us with the signals to enter new long etf trades. Patience, dear trader!

All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The 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.

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.

• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......
• 10/07 - ETF Trading - USO, SCO USO closed modestly higher yesterday. We have a full, short trading position and we're patiently waiting for sell-off to trigger our exit signals. Our exit signals are triggered when the closing price for USO is lower than it's MA(5), or - for a potentially larger gain - when the RSI(2)......
• 12/15 - ETF Trading - No Trades Today Our etf trading signals are in hibernation with the cold weather. We'll make no trades today. The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the very high RSI(2) reading). We'll wait for......

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• Vanguard Now Offering Free Trades on In-House ETFs Not to be outdone by low cost ETF competitors like Charles Schwab, Vanguard customers now have the option to trade Vanguard ETFs commission free, as well as benefit from online discount broker like commissions on individual stock trades. Commission-free ETF transactions. Vanguard brokerage clients may make commission-free transactions in Vanguard’s......
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