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 a small loss of 0.13% shorting XLU. For the leveraged trade in SDP, we lost 0.07%.
All trades were at the market close. Review them with our monthly results. Friday’s charts are posted below.
I have no etf trading opportunities to suggest for today. The broader market is over-sold and under its 200 day moving average. A stock market rebound will trigger some new short etf trading signals.
Be ready for the next set of etf trading signals. Get the most popular chapter of Larry Connors’ best selling book in this FREE Report. Learn one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.
Updated charts:
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.
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07/16 – ETF Trading – XLU, SDP, SPY, SDS
The broader market ended flat yet again yesterday and is severely over-bought on a short term basis. Notice the high RSI(2) values for XLU and SPY in the charts below. There is no change in our positions.
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 leveraged trade is in SDP.
We also have a full short trading position in SPY. A stock market sell-off will trigger our etf exit signals. The leveraged trade is in SDS.
Our exit signals are triggered when the closing price for XLU or SPY is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal. You’ll exit the leveraged trades on these signals as well.
All etf trades are at the market close. Please trade responsibly. Have a great weekend!
Have questions about the signals? The etf trading details are all 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 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 – now in paperback.
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.
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Categories: ETF Stock Trading Tags: sdp, sds, spy, xlu
07/15 – ETF Trading – XLU, SDP, SPY, SDS
The broader market ended flat yesterday. No change in our positions. 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 leveraged trade is in SDP.
We also have a full short trading position in SPY. A stock market sell-off will trigger our etf exit signals. The leveraged trade is in SDS.
Our exit signals are triggered when the closing price for XLU or SPY is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal. You’ll exit the leveraged trades on these signals as well.
All etf trades are at the market close. Please trade responsibly.
Have questions about the signals? The etf trading details are all 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 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 – now in paperback.
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.
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Categories: ETF Stock Trading Tags: sdp, sds, spy, xlu




















