Archive for December, 2009

12/31 – Have a Happy New Year

No trades for today. However, the markets are starting to roll over.  We’ll take a fresh look at the trading signals “next year.”   See you on Jan 4.  Happy New Year!

In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry Connors. In it, he talks about his TPS strategy. TPS stands for Time, Price and Scale-in and has been the backbone of our ETF trading. Discover all the details of TPS and other etf trading strategies 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.

• 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......
• 10/05 - ETF Trading - No Trades Today Buyers moved into the market late yesterday afternoon and the broader market was relieved of its oversold position - see the RSI 2 in the chart for SPY below. We'll patiently wait for the buying to continue so as to set up some new short etf trading signals. We're not......
• 08/22 - ETF Trading - No Trades Today The broader market closed lower on Friday and remains oversold on a short term basis - see the low RSI 2 in the chart for SPY below. We'll patiently wait for this market to rebound to trigger some new short etf trading signals. We're not making any long trades as......

• Choosing Short Term Investments And Strategies Choosing the right short term investments and strategies depends upon the investor. After analyzing and determining the amount of the investment, the term and the risk that is tolerable, this process becomes easy. Once the investor knows what he or she wants it is simply a matter of comparing the......
• Buying Stocks Without A Full-Service Broker Especially in today's unstable and volatile market, investing can be a scary proposition. For many, a broker serves as a guide through the financial market jungle, and is an essential part of a solid investment strategy. For others, hiring a broker is simply the equivalent of handing money to a......
• Ask The Readers: Favorite "Speculative" Investment Now? With tax season around the corner, I finally got around to opening up a SEP-IRA at Fidelity. (I don't know what took me so long, the process was very, very quick.) For those unfamiliar with SEP-IRA's, they are a retirement vehicle for self-employed individuals (Read more about SEP-IRAs here). As......

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 ready for the New Year and the next set of trading signals. Your New Year’s resolution is to learn all of the etf trading signals and strategies 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 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. 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.

• 06/09 - ETF Trading - No Trades Today The broader stock market has worked off its over-sold condition with yesterday's rally, but not enough to trigger our etf trading signals. Our trading signals are now weighted toward shorting etfs since SPY and other index etfs are now trading below their 200 day moving averages. Why is that important?......
• 10/14 - ETF Trading - USO, SCO For our short trade, USO closed lower yesterday, and triggered our 5 day moving average signal for a gain of 1.77% - all in less than a week. The inverse trade in SCO yielded a gain of 3.28%. Updated charts are posted below. If you're waiting for the RSI 2......
• 08/31 - ETF Trading - No Trades Today We had a promising set-up for a short trade; unfortunately the market sold off yesterday and our trading signals for IWM did not trigger. As such, we did not take the etf short trade. The broader market is nearly oversold (see the updated chart for SPY below - notice the......

• Gartman Gives Up On Commodities Today's guest post is by Brian McMorris of Get Wealth-Ed. This morning (Wednesday, August 6) I was stunned by comments from Dennis Gartman as I watched Squawkbox on CNBC. Dennis Gartman is one of the most vocal commodity bulls of our time. He has been on the long side of......
• Dividend Investment Portfolio December 2011 Update If you follow my blog you may remember that my original Perpetual Income Machine eventually morphed into my dividend investment portfolio.  Now every couple months I update those specific stocks which are on my "watch list" for the following months to come. While the stocks I am purchasing change......
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12/29 – ETF Trading – Scale In Strategies

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

Once we enter an etf trade, we won’t always take just one trading position. There are times when we’ll scale in to the trade – sometimes up to 3 to 4 additional positions. And each position gets a bit larger than the previous position. Larry Connors has a great summary of these strategies which you can review – I think you’ll enjoy it.

Here’s an updated chart for SPY showing the overbought condition of the market.

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.

• 06/03 - ETF Trading - USO, SCO Markets rebounded 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 exit signals are triggered when the closing price for USO is lower than it's MA(5), or - for......
• 02/04 - ETF Trading - No Trades Today Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in transition. A stock market pull-back will trigger some new etf trading signals. Once we enter an etf trade, we won't always take just one trading position. There are times when we'll......
• 07/19 - ETF Trading - A Gain and a Loss A small gain on our S&P trade: our etf exit signals triggered on Friday for SPY and SDS with the large market sell-off. We gained 1.12% shorting SPY. For the leveraged trade in SDS, we gained 1.92%. Our etf exit signals triggered for XLU on Friday as well. We had......

• Long and Short-Term Investment Strategies by Jim Wang, guest blogger There are many investment strategies out there for anyone hoping to invest for the security of the their financial future. Mutual funds and other types of investments are an excellent tool, if utilized intelligently and carefully, to build up your finances based on educated decisions.......
• Receive Your Free Stock Quote First Before Trading Stocks Free stock quotes are valuable for looking at your investments and determining whether or not you want to trade in the stock market. There are several free stock quotes online and one of the most popular is Yahoo Finance. This site will allow you to search your stocks to......
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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) value. We’ll wait for a stock market pull-back to trigger new etf trading signals.

All of the signals and etf trading strategies I use are found in the book by Larry Connors: High Probability ETF Trading. With only a few trading rules, 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.

• 05/11 - ETF Trading - Loss on EWH Our etf exit signals triggered for EWH. Unfortunately, we lost 4.12% on the trade. You win a lot of trades with high probability trading, but not all of them. All trades were at the market close. Updated charts are posted below. Here's a look at what we've done in previous......
• 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?......
• 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......

• Helping my Brother Choose an Online Broker At Easter dinner my older brother asked me what online discount broker I use “to trade stocks.”  If you don’t remember, I already helped the younger brother with asset allocation, and yes, I only have 2 and I am the pain in the ass middle child.  Before I could explain......
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Merry Christmas

Merry Christmas.

I want to wish you, your family and friends, a very Merry Christmas! It’s a special time of year, but one that I think we sometimes take too lightly. Please take some time, with your family and friends,  to reflect on the real reason for the season:

¹⁶For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. (John 3:16, King James Version)

Merry Christmas!

Seth

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