Posts Tagged ‘spy’

12/09 – ETF Trading – Gain on SPY, SH, SDS

We took a small gain on our short trade in SPY. Our exit signal triggered with yesterday’s sell-off and we took a small gain of .67% at the close. The inverse trades in SH and SDS yielded gains of .47% and .95% repsectively – not quite the gains like we had from our short trade 9/22, but gains nevertheless.

I have no new etf trades to recommend for today. We’ll wait and see what the the market presents for us next week. Have a great weekend

OK – now is the perfect time to 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. You’ve seen our results. 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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Penny stocks? Retire a multi-millionaire starting with $1000 – Find out how …

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• 11/24 - ETF Trading - EWH, SPY, SSO We took our gains yesterday at the market close! What a nice way to kick-off the holiday weekend. We'll pick-up the etf trading activity again on Monday, November 30th. Have a great Thanksgiving! EWH gained 1.03% , SPY gained 1.27% , and SSO gained 2.59% as these etfs moved higher......
• 10/17 - ETF Trading - SPY, SH, SDS SPY closed higher on Friday and continues to remain over-bought with the RSI 2 greater than 75. Should it close higher today, consider taking your first short position in the etf trade. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price......
• 12/15 - ETF Trading - No Trades Today Our etf trading signals are in hibernation with the cold weather. We'll make no trades today. The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the very high RSI(2) reading). We'll wait for......

• Investing in Online Stock Trading Many people have heard about online stock trading and how some people have earned extra money from it. However, many of you are hesitant in trying it out since you heard of the risks but it is probably due more on the scarcity of information for beginners. Stock trading......
• Is Gold Worth the Risk as a Retirement Investment? I periodically express my views on gold as a retirement investment. Generally I don't get it, because many of those who advocate investing in gold generally own gold as a security blanket. In other words, they have no plan or strategy for selling it. They are waiting for the world......
• Dividend Investment Portfolio December 2011 Update If you follow my blog you may remember that my original Perpetual Income Machine eventually morphed into my dividend investment portfolio.  Now every couple months I update those specific stocks which are on my "watch list" for the following months to come. While the stocks I am purchasing change......

12/08 – ETF Trading – SPY, SH, SDS

SPY closed higher yesterday (SH and SDS closed lower), bumping up against the 200 day moving average and remaining in over-bought territory (see the RSI 2 chart below). We’re waiting for a sell-off to trigger our exit signals for our short trade in SPY.

Our short exit signals for SPY are triggered when the closing price for SPY is lower than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30. We’re following the latter.

If you’re trading the inverse etfs, our exit signals for SH are triggered when the closing price for SH is higher than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Trade SDS similarly.

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

Learn why the S&P 500 index is now a good short etf trading opportunity 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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Penny stocks? Retire a multi-millionaire starting with $1000 – Find out how …

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• 07/06 - ETF Trading - No Trades Today Hope you had a nice holiday weekend. Our etf trading signals for GLD did not trigger on Friday. Accordingly, we did not enter the etf trade. The broader market remains oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is......
• 08/02 - ETF Trading - No Trades Today Glad to be back from vacation. Let's get back to etf trading. The broader market looks to be a bit oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for......
• 06/30 - ETF Trading - No Trades Today That was some sell-off yesterday. The broader market is definitely oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound to trigger some new etf trading......

• 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......
• Congressional Insider Trading Is Not Illegal...YET Insider trading has been and always be a problem, however, I was shocked to find out that currently United States Congressional members are excluded from those rules that prohibit Wall Street professionals from insider trading!  Although that may come to an end according to an article in Advisor One......
• 20 Questions to Ask Yourself Before Choosing an Online Discount Broker This weekend, I had a long conversation with someone who had -- like many -- never opened a brokerage account with an online discount broker. Her trading needs were quite simple, and in the end, we decided the best thing for her to do is open an account with......

12/07 – ETF Trading – SPY, SH, SDS

SPY closed higher yesterday (SH and SDS closed lower). We’re waiting for our exit signals to trigger.

Our short exit signals for SPY are triggered when the closing price for SPY is lower than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30. We’ll use the latter.

Following our inverse etf trades, our exit signals for SH are triggered when the closing price for SH is higher than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Trade SDS similarly.

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

Learn why the S&P 500 index is now a good short etf trading opportunity 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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Get More Day Trading Strategies …

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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......
• 05/14 - ETF Trading - No Trades Today The broader market is now in neutral territory - see the RSI(2) value on the chart for SPY. Nothing we can do - we'll just patiently wait for a stock market pull-back to trigger our etf trading signals. Europe is down this morning which may trigger some selling here in......
• 07/14 - ETF Trading - XLU, SDP, SPY, SDS 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 inverse leveraged etf trade is in SDP. We also have a full short trading position in SPY. A stock market sell-off will trigger our etf......

• Why "Being Smart" Is Your Biggest Handicap in Investing Some people are born smart. Some people are born lucky. Some people are smart enough to be born lucky. -Ed Seykota Are you smart? Did you do well in school? Well, I have news for you... By being "smart," you suffer from a huge handicap in becoming a profitable trader.........
• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
• Best Forex Trading Strategy Making money with forex trading is not that easy as people think. However, knowledge of market and bit of education can make it quite easy to make a profit in the forex market. Many traders end up learning that it’s the simply systems that create the wealth. Over confidence can......

12/06 – ETF Trading – SPY, SH, SDS

SPY closed higher yesterday (SH and SDS closed lower), enough to trigger taking our third and final short trading position. SPY is severely over-bought and now we’ll wait for our exit signals to trigger.

Our short exit signals for SPY are triggered when the closing price for SPY is lower than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30.

For our inverse etf trades, our exit signals for SH are triggered when the closing price for SH is higher than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Trade SDS similarly.

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

Learn why the S&P 500 index is now a good short etf trading opportunity 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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Get More Day Trading Strategies …

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• 11/29 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday and moves to an over-bought condition. with the RSI 2 greater than 75. Should it close higher today, consider taking your first short position in the etf trade. Our etf trading signals are now weighted toward shorting etfs since SPY and other index etfs are now......
• 12/29 - ETF Trading - Scale In Strategies Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in an overbought condition. We'll wait for a stock market pull-back to trigger new entry signals. Once we enter an etf trade, we won't always take just one trading position. There are......
• 01/22 - ETF Trading - EWH, EWZ, SPY, SSO With yesterday's market sell-off, we now have 3 trading positions in EWH and 2 trading positions in EWZ. Scale into a third and final position should EWZ move lower today. Exit either trade at the market close when the etf price is greater than the MA(5), or - for a......

• 7 Online Discount Brokers That Offer Stock Trades for $7 Or Less This article comes from DR at The Dough Roller, a blog about how to make more money, spend less, and invest the rest. As investors have become more and more comfortable trading stocks and options over the Internet, a number of online discount brokers have entered the market. Zecco was......
• Vanguard Brokerage Services To Offer Free ETF Trades On May 4, 2010 the Vanguard Group announced a dramatically new pricing plan for its Vanguard Brokerage Services wing, which until now had been incredibly uncompetitive and was recommended by almost nobody.  In a move to become more competitive with online discount brokers such as Tradeking and Zecco, Vanguard has......
• What About LOR-Lazard World Dividend & Income Fund? When I first heard about LOR, I thought it meant Lord of the Rings, but no, the topic was on Lazard World Dividend & Income Fund(LOR). I got this email from a reader: I love your blogs. Please tell me what to think about an odd stock - LOR. They......

12/05 – ETF Trading – SPY, SH, SDS

We have 2 trading positions in our etf trading basket. We’re shorting SPY in this current trading session. You could also trade the inverse etfs – SH and/or SDS.

SPY closed lower on Friday, but not enough to trigger our exit signals. Follow our exit signals as stated below; otherwise take a third and final short trading position only if the closing price of SPY moves higher than Wednesday’s closing price (SH and SDS close lower).

Our short exit signals for SPY are triggered when the closing price of SPY is lower than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30.

For the inverse trades, our exit signals for SH are triggered when the closing price for SH is higher than its 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Trade SDS similarly.

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

Learn why the S&P 500 index is now a good short etf trading opportunity 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.

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 …

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• 08/30 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday (SH and SDS closed lower), enough to trigger taking a second trading position. Take a third and final short trading position only if the closing price of SPY moves higher from here (SH and SDS close lower). Otherwise, our exit signals for SPY are triggered when......
• 09/20 - ETF Trading - SPY, SH, SDS We have 2 trading positions in our etf trading basket. We're shorting SPY in this current trading session. You could also trade the inverse etfs - SH and/or SDS. SPY closed lower yesterday (SH and SDS closed higher), but not enough to trigger our exit signals. Follow our exit signals......
• 08/31 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday (SH and SDS closed lower), enough to trigger taking our third and final trading position. Now we'll wait for our exit signals to trigger. Our short exit signals for SPY are triggered when the closing price for SPY is lower than it's 5 day moving average,......

• How to Probe for Signs of a Market Bottom We had a bounce yesterday.  Was it one of proverbial "dead cat bounces" that are all too common in bear markets? The buzz from stock market analysts about finding or predicting a market bottom seems to be increasing.  Everyone wants to be told that this is it, things are as......
• Park Your Money in Beef It's a risk-on, risk-off investment world to the extreme. Correlations among all kinds of asset classes -- stocks, commodities and currencies -- have rarely been higher. Livestock is one of the exceptions and remains one of the few asset classes that still sings to its own investment tune. Just......
• 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......