Posts Tagged ‘spy’

08/20 – ETF Trading – Gains on SPY, SDS

A nice little gain on our S&P 500 short trade – our etf exit signals for SPY triggered with yesterday’s sell-off and we took a gain of 1.74%. The leveraged etf trade in SDS yielded a gain of 3.43%.

We didn’t have a full trading position for this trade, but we still had a winning trade. Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track.

I have no etf trading opportunities to suggest today. We’ll wait for another market rebound to trigger some new short etf trading opportunities. Have a great weekend!

Learn why we’re now trading short. Get the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. 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.

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Get More Day Trading Strategies …

• 06/11 - ETF Trading - USO, SCO, FXI, FXP You took your first short position at the market close yesterday in either USO and/or FXI. For the leveraged trade you took your first position in SCO and/or FXP. These are double inverse etfs. Take a second short trading position should USO or FXI close higher. Use these same etf......
• 9/25 - ETF Trading - FXI, EWW, USO, UCO, XLU, UPW Good morning. Yesterday's market sell-off gave us the etf buying signals we were looking for! You should be long in the first position for any of the following etfs that I listed yesterday: FXI, EWW - Country ETFs USO, UCO - Commodity ETFs XLU, UPW - Sector ETFs Our etf......
• 10/14 - ETF Trading - Still No Trades Even with the flat close yesterday, this stock market remains overbought (see the chart of SPY I've posted). As such, I have no new etf trades to suggest. I know our trading system can be boring at times, but patience is our goal. We'll wait for a stock market pull-back......

• Get Noticed With A Quality Banner Stand Display There are varied ways to urge out there for the sake of the business. One amongst the necessary evils is trade shows. Anyone that has ever been or done one is aware of how it seems to seem like an endless ocean of merchants that are all attempting to sell......
• What is Debt Leverage? Leverage is a term that is often used synonymously with debt, and for this reason, it is important that people come to understand what debt leveraging actually means, and how it works in an ordinary financial transaction, such as buying a home for example. Let us suppose that you are......
• Buying Graded Baseball Trading Cards Regardless of whether you are a die hard fan of sports or just looking to increase your collection of baseball trading cards, you should know that there is a wide variety of options available to you on eBay when it comes to buying graded baseball trading cards. Grading cards is......

08/19 – ETF Trading – SPY, SDS

The broader markets moved ever so slightly higher yesterday. SPY closed higher yesterday and you took your first short position in the etf trade. For the leveraged etf trade, you took your first long position in SDS. Updated charts are posted below.

Our entry signals for FXI did not trigger as FXI closed lower yesterday.

As mentioned yesterday, we’ll scale in with up to three 3 trading positions. So, take a second short trading position should SPY close higher today. Otherwise, our exit signals for SPY are triggered when the etf price is less than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. Trade SDS long on the signals for SPY.

All trades are at the market close. Please trade responsibly.

Join me every day as I offer new etf trading ideas for you to follow.

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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Learn Trading Techniques – Free 5-Day Video Training Course

• 06/07 - ETF Trading - Gains on USO, SCO Nice gains on the short oil trade - another winning trade. Our etf exit signals triggered for USO and SCO. We gained 4.75% shorting USO and we gained 9.40% on SCO - all in a 5 day trade! All trades were at the market close. Updated charts are posted below.......
• 04/28 - ETF Trading - EWH, XLF, UYG, SPY, SSO With yesterday's market sell-off, we now have 3 trading positions in EWH and our first trading positions in XLF and/or UYG. For EWH, we'll just wait for our etf exit signals to trigger. Our exit signals are triggered when the etf price is greater than its MA(5), or - for......
• 11/4 - ETF Trading - IWM, UWM, EWC, EWT, EWY Markets closed higher yesterday and triggered an exit signal for EWC - unfortunately for us, at a loss. However, if you're still holding onto the position, you might be able to minimize your loss, or even take a gain, as world markets have moved higher overnight and futures are pointing......

• 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......
• Target Date Funds: Not One Size Fits All Target Date retirement mutual funds have exploded in recent years. Many of us have seen them - offerings from Fidelity, Vanguard, or a whole host of others. They're easy to pick and easily marketed - Fidelity Freedom 2010, Fidelity Freedom 2015, etc.  According to the Wall Street Journal, these funds had $7......
• The Risks Of Trading Penny Stocks With the introduction of online discount brokerages in the past decade, small investors have begun to flood the markets with additional capital. Unfortunately, their inexperience often gets the best of them, as is apparent by their increasing interest in trading penny stocks. There are several risks associated with investing and......

08/18 – ETF Trading – SPY, SDS, FXI, FXP

The market rebounded yesterday, generating several short etf trading opportunities. Consider taking a short trading position in SPY or FXI should either etf close higher today.

If you’re unable to short SPY or FXI, take a long trading position in the inverse etfs – SDS or FXP. However, follow the etf trading signals for SPY and FXI. SDS and FXP are double inverse etfs – please trade carefully.

SPY – The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the S&P 500 Index.

SDS – ProShares UltraShort S&P500 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P500® Index.

FXI – The iShares FTSE/Xinhua China 25 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 Index.

FXP – ProShares UltraShort FTSE/Xinhua China 25 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the FTSE/Xinhua China 25 Index.

We may take up to 3 trading positions over the next couple of days. Our first position is 1/6 of our total trading amount. Our second position is 1/3 of our total trading amount. Our third trading position is 1/2 of our total trading amount. You could also take positions in a 20-30-50 ratio.

All trades are at the market close. Please trade responsibly.

Assuming we get into the trade, our exit signals (for both SPY and FXI) are triggered when the closing price for either is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. Exit the leveraged trades on these signals, too.

Learn why SPY and FXI are now good short etf trading opportunities 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.

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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Learn 16 Strategies to Improve Your Trading…

• 09/02 - ETF Trading - IWM, TWM IWM closed higher yesterday, generating an etf shorting opportunity based on our etf trading signals. Consider taking a short position in IWM should the etf close higher today. If you're unable to short IWM, consider trading the inverse etf - TWM. However, use the etf trading signals for IWM to......
• 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,......
• 04/01 - ETF Trading - IYR, URE Our etf trading signals for XLF / UYG did not trigger yesterday. As such, we did not take the trade. Today, put IYR on your watch list today. Should it move lower today, take your first trading position at the market close. We may take up to 3 trading positions......

• Mutual Funds 101 One way that investors can pool their money is mutual funds, which allows them to invest together in a variety of different stocks. Each of the participating investors is charged a percentage fee based on what they invest so that the professional fund manager can receive payment for his work......
• Never Enter Forex Without Knowledge To succeed in the forex market is very important to obtain an education of the currency. This is a market in its class which allows an operator to profit through buying or selling. Some brokers charge commission. Some stretches achieve. Some have both. Today, it is easier for a trader......
• Low Cost Investments for Your Portfolio This post is a brief reminder about the need to understand and control investment costs in your retirement portfolio. Costs of investment include transactional costs (e.g., buying and selling commissions), maintenance costs (account and advisory fees), and fund expenses. Investing Costs and Historical Performance Controlling investment costs preserves immediate cash......