Posts Tagged ‘dia’

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.

• 9/21 - ETF Trading - No Trades Today Good morning. Our stock trading entry signals did not trigger for EWJ, XSD, and USD on Friday. As such, we did not enter the trades. For this morning, futures are suggesting a stock market pull-back. Markets still remain overbought by our measures. But perhaps with a few days of selling,......
• 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......
• 9/10 - ETF Trading - No Trades Today The markets are overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. 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......

• How To Invest Online Using The Peter Lynch Strategy We often publish different investing philosophies espoused by guest writers. What follows is yet another argument for stock picking. This time, we bring to you a guest post by Joel Reese, from the stock investment site called We Seed, where you can learn how the stock market works. Image from......
• Affiliate Marketing: Why Do 90% Fail? Why do 90% of webmasters trying Affiliate Marketing fail? The easy answer is that they are not good enough to win the race. But the real thing is that there's too much hype about Affiliate Marketing and it's much more difficult to succeed than Internet Gurus will ever tell......
• Making the leap into single stocks -- a recap I chose January of 2008 to begin investing in single stocks for the first time ever. I put about $4600 into them over the year, investing a minimum of $200 each month plus several random lump sums now and then when I had extra money. As of year end my......

ETF Trading – USO, SCO, DIA, QQQQ

Oil continued to move higher yesterday and so did USO . Perhaps you took an initial short position. Short a second position at the end of the day should it close higher again. Otherwise, take your gains should the closing price move below it’s 5 day moving average.

As I mentioned yesterday, you can also short USO by taking a long position in SCO. SCO seeks to replicate, net of expenses, twice the inverse daily performance of the Dow Jones AIG Crude Oil Sub-Index.

I’ve posted the charts for DIA and QQQQ. Boy, this market sure looks overbought! Notice the high RSI(2) readings.

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 - A Look at QQQQ No stock trades here today.  We're waiting on a pullback in oil and the effect on USO and SCO.  See my post from yesterday. Just when you think a stock looks overbought, it goes higher still.  QQQQ defies logic.  And who says markets aren't a reflection of emotion?! Trades are......
• 10/19 - ETF Trading - GLD, SLV, UGL, AGQ, EWJ, EWY Good morning. Prices for our Friday etf watch list all moved higher. As such, we did not take an initial trading position in GLD, SLV, UGL or AGQ. Stock charts are shown below. Two new etf trading candidates to consider today are EWJ and EWY. Take your first long position......
• 11/5 - ETF Trading - IWM, UWM, EWT, EWY Markets closed a bit higher yesterday and triggered exit signals for EWT and EWY - unfortunately for us, at a loss. We lost 2.18% on EWT and we lost .66% on EWY. Otherwise, we still have full trading positions for any of the remaining etfs we've been following for the......

• What online sites can you trade both stocks and commodities cheaply without being an active trader? I am interested in currently investing in the low oil and natural gas prices without an eft but down the road I'll mostly be investing in stocks. I will be starting with around 0 to invest so I need lower commission sites. I am 25 have other investments and this......
• Stocks a Good Investment? /caption] Penny stocks are often regarded as a sound investment idea, but they are especially popular during times of a recession, though many people are unaware of the "why". The reason why penny stocks are a good investment is because the prices of penny stocks for credible companies go up......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......