Posts Tagged ‘200 day moving average’

1/11 – ETF Trading – The 200 Day Moving Average

The stock market remains overbought (see the chart of SPY I’ve posted and notice the high RSI(2) value). We’ll patiently wait for a market sell-off to trigger our etf entry signals.

So why not go short here? Our rules tell us to short an etf only when the etf price is less than it’s 200 day moving average. Why is that important? Read more by author by David Penn.

All of the etf trading strategies I use 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. Now available in paperback.

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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)......
• 02/05 - ETF Trading - SPY, SSO Wow, what a sell-off yesterday. Put SPY on your watch list today. For a leveraged trade, consider SSO. Take your first position in the trade should these etfs move lower today. You can follow the trades with this simple etf trading worksheet I created. SPY - The investment seeks to......
• 01/15 - ETF Trading - EWH, EWZ Good morning. Yesterday, EWH moved lower and you took your initial position in the trade. Should EWH move lower today, take a 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 -......

• 10 Reasons You Should Never Short a Stock or Index Fund Short sellers are often cast as the big bad villains on Wall Street. After all, they are the all knowing, short term traders placing big money bets hoping your portfolio goes down in value while they turn a quick profit. Unfortunately, for all of the bearish sentiment they spew......
• 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......
• Should You Invest In Gold? For centuries, mankind has been obsessed with shiny pieces of metal known as gold.  Even today, investors the globe over often flee to gold in times of economic instability because it has often functioned well as a hedge against inflation and a falling currency.  True to form, gold has been......