Archive for November, 2009

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.

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.

• 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......
• 10/21 - ETF Trading - IWM, UWM, EWZ, EWC New etf trading candidates to consider today included IWM, EWZ and EWC. For a leveraged play on IWM, consider UWM. Take your first long position at the market close, should any of these etfs move lower today. These trading ideas are are based on the etf trading strategies found in......
• ETF Trading - USO, UCO, EWH, IWM, UWM We closed three winning trades on Friday, making for a profitable holiday weekend! For EWH, we took our profits on Friday, at the market close, as the RSI(2) moved above 70. Our gains were 3.43% for this exit signal. For IWM and UWM, we took our profits on Friday, at......

• Investing in Stocks: It’s Not as Bad as You Think This is a guest post from Robert Brokamp of The Motley Fool. Robert is a Certified Financial Planner and the adviser for The Motley Fool’s Rule Your Retirement service. He contributes one new article to Get Rich Slowly every two weeks. Stocks stink. That’s something you hear a lot these......
• Are You a Dinosaur for Not Investing in ETFs? The following guest post is from Neal Frankle of Wealth Pilgrim. Wealth Pilgrim is on my short list of daily reads. After reading the post, head over to Neal’s site and sign up to receive his posts. ETF’s (Exchange Traded Funds) are pretty darn popular these days.  The total dollars......
• Good Investment Management For Average People You can pay a penny on the dollar for good investment management or pay lots more for asset management like some rich folks do. Does the latter guarantee good investment returns? No way. Whether they call themselves investment management companies or asset management firms, you lay your money down and......

11/24 – ETF Trading – EWH, SPY, SSO

We took our gains yesterday at the market close! What a nice way to kick-off the holiday weekend. We’ll pick-up the etf trading activity again on Monday, November 30th. Have a great Thanksgiving!

EWH gained 1.03% , SPY gained 1.27% , and SSO gained 2.59% as these etfs moved higher than their 5 day moving average and – except for EWH – the RSI(2) moved above 70. Recall that we took our initial positions at the close on Thursday and Friday. You still may be trading EWH to exit on the RSI(2)>70 signal.

Want to learn how to find more winning etf trades like this? Get 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in 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.

• 04/06 - ETF Trading - No Trades Today The broader market has become very overbought (see the updated chart for SPY below and notice the high RSI(2) reading). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals. How do we find the etf candidates to trades?......
• ETF Trading - FXI Good morning. The futures are down this morning! A big stock market pull-back should give us some new trading opportunities this week. Today we'll look at FXI. FXI is the iShares FTSE/Xinhua China 25 Index Fund. This etf seeks investment results that correspond generally to the price and yield performance,......
• ETF Trading - FXI, SPY FXI moved higher yesterday. We'll wait to take our trading gains on the exit signals. We did not take a position in SPY yesterday as it moved higher. We'll patiently wait for another market pull-back for new long positions. All of these trades are based on the strategies found in......

• Weakon 405: Hedge Funds A fairly advanced topic for the College of Weakonomics, hedge funds are shrouded in mystery. Much of this is thanks to a lack of regulation which leads to a lack of transparency, which leads to most people not really understanding what hedge funds are. For all intents and purposes, the......
• Sunday Money Roundup - Stocks and Things Welcome to this week's edition of the SMR. Browse by category for your weekend reading material. What other categories would you like to see here? Let me know - leave a comment! College | Home: Kirberts says you can be in the school you want with affordable student loans. School......
• Target Date Funds: Not One Size Fits All Target Date retirement mutual funds have exploded in recent years. Many of us have seen them - offerings from Fidelity, Vanguard, or a whole host of others. They're easy to pick and easily marketed - Fidelity Freedom 2010, Fidelity Freedom 2015, etc.  According to the Wall Street Journal, these funds had $7......

11/23 – ETF Trading – EWH, SPY, SSO

Good morning. On Friday, EWH moved lower and you took your second position in the trade. Should EWH move lower today, take your third position in the trade.

SPY (and SSO) moved lower on Friday and you took your first trading position in one of these. Take a second trading position should these move lower today.

Otherwise, our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these etf trading signals. All of the signals and strategies I use for etf trading are 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.

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.

• 12/30 - ETF Trading - No Trades Today Good morning. The markets were basically flat yesterday. SPY moved a bit lower, relieving some of the overbought condition of the index, while DIA remains overbought. We'll wait for a bigger stock market pull-back to trigger new etf trading entry signals. Updated charts of SPY and DIA are posted. Get......
• 9/14 - No Trades Today - Watch USO Hope you had a nice weekend. The stock markets are overbought by our measures. We're still patiently waiting for a market pull-back to trigger our stock trading entry signals. Oil sold off on Friday, so keep an eye on USO. We may have an entry signal in a day or......
• 02/10 - ETF Trading - Rats! Rats! - we should have taken the trade on Monday! Prices for SPY and SSO moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. Patience, dear Trader - we'll just have to wait for a stock market pull-back to trigger......

• 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......
• Learn To Trade On The Stock Market Gradually. What for have you come on the stock market? Do you want to grow rich? Do you wish just to try something new? Do you have some other reasons? This article is written first of all for investors and for those, who are already involved in game on the stock......
• Trading & Investing Strategies for the Current Environment This guest post comes from Kevin at 20smoney.com, a blog covering financial topics such as investing, money management and the development of income streams. Despite the fact that most people tend to think that a market that has already booked a 60%+ rally is a great time to be invested......