Posts Tagged ‘agg’

ETF Trading – AGG, EWT, EWC, GLD

AGG moved higher yesterday, and you took your gains at the market close!

EWT retreated yesterday. We’ll patiently wait for our exit signal in order to take our gains.

Among my “watch list” suggestions yesterday, EWC and GLD turned out to be the most promising. Perhaps you took your first long position in these at the market close.

All of these trades are based on the strategies found 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.

• ETF Trading - USO, SCO, TIP, GLD, FXE Wow - nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy. TIP continued to pull back yesterday - we're into the second long unit. GLD and FXE also moved lower yesterday. You should be into your first long unit if you're trading these etfs.......
• 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......
• 11/11 - ETF Trading - No Trading Today On this day, please remember the Veterans who proudly served our country. ----- 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,......

• Successful Investing Tips and Techniques The true, most basic motivation behind investing is to grow our investment. People who have invested before will take their time, looking at the differing companies and the market, trying to predict how a stock will do in a year or two. Those investors whom are without the experience to......
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• When is an ETF not Actually an ETF? Exchange Traded Funds have been popular for decades since they provide diversification with the ease of trading and dollar cost averaging.  They have gotten so popular that the actual topic of ETFs now include specific industries, super concentrated funds and even active investing.  However, when is an ETF not really......

ETF Trading – EWT, AGG

EWT moved higher on Friday, but just 2 cents short of it’s MA(5). We’ll wait for our exit signal to trigger to take our gains.

AGG moved lower on Friday, providing an opportunity to add to our position. Perhaps you entered the second long position. Should it close lower still, you can enter a third position.

Other ETFs to put on your watch list today include the following:

• EWJ
• EWH
• EWC
• XLE
• GLD

Consider long positions in these should they move lower today.

These trades are based on the strategies found 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.

• 02/08 - ETF Trading - USO, UCO Put USO on your watch list today; USO closed lower yesterday, generating an etf trading opportunity. Consider taking the first trading position in USO should the etf close lower today. For the leveraged trade, consider UCO. However, follow the etf trading signals for USO. UCO is a "double" etf -......
• 01/28 - ETF Trading - EWH, EWZ, SPY, SSO Just to reiterate, we have a full trading position in EWH and EWZ, and one trading position in SPY and SSO. Should SPY and/or SSO sell-off strongly and below the price of our initial trade, consider adding a second position. Otherwise, we're waiting for the markets to advance a bit......
• 10/28 - ETF Trading - IWM, UWM, EWC, EWT, EWY We're into a full trading position for IWM, UWM, EWC, and EWT. We've scaled-into three trading positions for each etf over the past several trading days. EWY moved lower yesterday, and we scaled-into our second trading position. Take a third and final trading position in EWY should it move lower......

• Investing in Dollarama, Canada's First Publicly-Traded Dollar Store Begins Trading This Week When it comes to retail and consumer stocks, Canadians have a few staples to choose from: Canadian Tire (TSX: CTC), Shoppers Drug Mart (TSX: SC), Tim Horton's (TSX: THI), even some income trusts like Cineplex Galaxy Income Fund (TSX: CGX.UN) and Pizza Pizza Income Fund (TSX: PZA.UN). Now Canadians can......
• Penny Stocks – Introduction and Investing Tips For those of you that are not familiar with a penny stock, it is a stock (or company share) that typically trades from .01 cent up to five dollars per share. In the investment world where people typically trade in stocks that are valued from $30 USD to $500 USD......
• Key Guidelines For The Implementation Of SEO On Your Site A failed search engine optimization strategy often makes webmasters want to start jumping up and down, screaming and throwing a huge fit. It is really frustrating to find out that your SEO efforts on which you have invested money, energy and so much time have not provided you with desired......

AGG, EWT

AGG moved higher yesterday. We will wait for our exit signals to trigger.

EWT moved lower yesterday, but only by a penny. Per the direction of High Probability ETF Trading, you should have taken your second long position.

But since the price of EWT declined only by a penny, on future stock trades, I think I might modify the rules by buying additional positions only on a price decline (or increase on a short sale) of x % (add your own criteria, here). For me, that might be 2.5%. Of course, I would miss the additional profits should the etf move higher today or tomorrow. Conversely, my limited investment is protected should the etf move lower over the next several days – and I would be able to buy-in at even lower prices.

Let me know your thoughts…

These trades are based on the strategies found 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.

• ETF Trading - USO, UCO, EWT Oil retreated yesterday, and we took our initial position in USO and/or UCO. Should these etfs close lower today, take a second position. All etf trades are at the market close. Consider taking a position in EWT should it close lower today. The iShares MSCI Taiwan Index Fund (EWT) seeks......
• 9/16 - ETF Trading - EWJ Put EWJ on your watch list today, and take an initial position should it close lower. iShares MSCI Japan Index Fund (EWJ) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of publicly traded securities in the aggregate in the Japanese market,......
• 10/07 - ETF Trading - FXI Good morning. We took a nice 2.98% gain as FXI moved higher still yesterday, exiting the trade on the RSI(2)>70 signal. Recall that we entered the position on 9/24 and then scaled-in to the trade over the past week - all for a nice gain! No other trades to suggest......

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• Best Stock Trading Philosophies Many believe that stock trading can be such an intimidating task, it is important to study the philosophies of others who are more experienced at stock trading in order to form your own philosophy that will ensure your success. By studying the stock trading philosophies of others, you are......