Archive for November, 2009

11/18 – ETF Trading – No Trades Today – Scale-in Strategies

Good morning. My stock screener is telling me that we have no etf trading opportunities today. We’ll wait for a stock market pull-back to trigger some new entry signals.

We had a great one-day trade on USO and/or UCO – see yesterday’s post. We took only one position in the trade, yet there are times when we’ll want to scale-in to a trade – sometimes up to 3 to 4 additional positions. And each position is a bit larger than the previous position as the etf price moves lower. Larry Connors has a great summary of these strategies which you can review – I think you’ll enjoy it.

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.

• 01/12 - ETF Trading - TPS Trading Strategy No trades for today. The stock market certainly remains overbought (see the chart of SPY I've posted - the RSI(2) remains very high). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on how to become a high probability trader in......
• 07/14 - ETF Trading - XLU, SDP, SPY, SDS We have a full short trading position in XLU and we're just waiting for a stock market sell-off to trigger our etf exit signals. The inverse leveraged etf trade is in SDP. We also have a full short trading position in SPY. A stock market sell-off will trigger our etf......
• 09/27 - ETF Trading - USO, SCO Oil closed higher on Friday, generating an etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider taking the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf......

• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
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11/17 – ETF Trading – USO, UCO

Wow, nice one day gain on USO and UCO. We gained 2.99% on USO and 6.24% on UCO!

We took our gains yesterday at the market close as the closing prices for these etfs moved higher than their 5 day moving average and the RSI(2) moved above 70. Recall that we took our initial position at the close on Friday.

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 – available at Amazon.com or save $10 at TradingMarkets.com.

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.

• 03/04 - ETF Trading - No Trades Today We'll make no trades today. With yesterday's strong rally, the broader market moves into an overbought condition. Notice the high RSI 2 reading for SPY in the updated chart below. So why not go short here? Our rules tell us to short an etf only when the etf price is......
• 01/08 - ETF Trading - No ETF Trades Today No change with the market - it remains overbought. See the updated chart of SPY below. We'll wait for a stock market pull-back to trigger some new etf trading signals. What are the signals and strategies I use for etf trading? They're found in High Probability ETF Trading: now in......
• 12/14 - ETF Trading - USO, UCO, FXI We have full trading positions for USO (and UCO). FXI moved higher on Friday. As such, we did not take a third trading position in FXI. So, we'll just exercise some patience as we wait for the market to move higher from here. Futures are pointing higher this morning. Our......

• Weekend Links - Things Aren't Always What They Seem Edition I'm a member of a diverse group of people with a common interest. I've found that situation often leads to one or two people who are "a little too different" than the rest to be openly accepted. There was one guy in our group who always brought up really bizarre......
• DVY - The iShares Dow Jones Select Dividend Index If you have never heard of this, it's an ETF (exchange traded fund) which trades like a stock, and is comprised of the 100 highest dividend yielding US based stocks. There are further requirements such as the company must have had positive dividend per share growth in each of 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......

11/16 – ETF Trading – USO, UCO

Good morning. On Friday, USO moved lower and you took your initial position in the trade. For those playing the leveraged trade, you took the initial position in UCO. We did not enter the trade on EWZ, as it moved higher on Friday.

Should USO/UCO move lower today, take the second position in the trade. 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!

The United States Oil Fund, LP – USO – is a domestic exchange traded security designed to track the movements of light, sweet crude oil (“West Texas Intermediate”). USO issues units that may be purchased and sold on the NYSE Arca.

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.

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. Save $10, too.

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.

• 02/11 - ETF Trading - USO, UCO USO closed a bit higher yesterday, but not enough to trigger our exit signals. Updated charts are posted below. Take a third trading position should USO close lower than 36.50 - trade UCO on this signal for the leveraged trade. Otherwise, our exit signals for USO are triggered when the......
• 10/26 - ETF Trading - USO, SCO Our short trade in USO continues to drag on and is taking a bit longer than our usual trade. We have a full, short trading position and we're patiently waiting for a sell-off and a move lower to trigger our exit signal. USO closed higher yesterday. Our exit signal is......
• 10/05 - ETF Trading - USO, SCO USO closed a bit lower yesterday, but not enough to trigger our exit signals. Updated charts are posted below. Take a third short trading position should USO close higher than 35.63 - trade SCO on this signal for the long trade. Otherwise, our exit signals for USO are triggered when......

• Is Autographed Memorabilia Worth it? Sometimes you may see it claimed that autographed memorabilia is one of the biggest wastes of money out there, but is this true? A man named Chris Pummer once equated autographed memorabilia to premium coffee as well as cigarettes as the biggest possible wastes of money, but is this true......
• Best ETF Gold Fund - GLD (If You Must) A quick note:  I do not necessarily advocate investing in gold.  That said, some prominent investors believe investing in gold is a good hedge against inflation.  Harry Browne's Permanent Portfolio, for instance, has had pretty decent success by incorporating gold into his investment strategy.  Do your own homework before making......
• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......

11/13 – ETF Trading – EWZ, USO, UCO

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

Put EWZ and USO on your watch list today. Take an initial position should these move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market close.

The iShares MSCI Brazil Index Fund – EWZ – seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index.

The United States Oil Fund, LP – USO – is a domestic exchange traded security designed to track the movements of light, sweet crude oil (“West Texas Intermediate”). USO issues units that may be purchased and sold on the NYSE Arca.

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.

Join me every day as I offer new etf trading ideas for you to follow. Have a great weekend!

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.

• 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......
• 06/03 - ETF Trading - DIA, DDM Put DIA on your watch list today. Consider taking your first long position should the etf close lower today. Consider DDM for the leveraged trade. DIA - Dow Diamonds seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the Dow Jones Industrial......
• 04/12 - ETF Trading - USO, UCO Good morning. Not a whole lot is flashing on my etf stock screener; however, I do have a suggestion for today. Put USO on your watch list. Take an initial position should this etf close lower today. USO has closed lower for 4 days in a row, and looks ready......

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• 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......

11/12 – ETF Trading – No ETF Trades Today

No change with the market – it remains overbought. We’ll wait for a stock market pull-back to trigger some new etf trading signals.

What are the signals and strategies I use for etf trading? They’re found in High Probability ETF Trading, the book by Larry Connors. 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 – save $10 – and be ready for the next trading session.

Join me everyday to follow the etf trading signals.

Updated chart for SPY:

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.

• 10/05 - ETF Trading - FXI, SPY, SSO Good morning. We had a great week of winning etf trades last week. This week, we're looking to finish strong with FXI. We scaled-in to our third and final position last Thursday at the close. Our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It's your......
• 12/4 - ETF Trading - No Trades Today The stock market fell in the last hour of the trading session yesterday. We'll wait for the market to fall further to trigger some new etf trading signals. What are the signals and strategies I use for etf trading? They're found in High Probability ETF Trading, the book by Larry......
• ETF Trading - XLI, SIJ Looking at the stock market mid-day, a shorting opportunity arises with XLI. Short a starting position at the market close should the price close higher than yesterday's close. One note of caution - don't short XLI should it close above it's 200 day moving average. As an alternative, you can......

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