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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• 03/21 - ETF Trading - No Trades Today The broader market is in neutral territory. The chart for SPY shows this fact - notice the RSI 2 reading stuck between 70 and 30. We're looking for a market sell-off to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his......
• 10/06 - ETF Trading - No Trades Today More buying pushed the broader market higher yesterday. SPY has moved into an over-bought area - see the RSI 2. And since the broader market is below its 200 day moving average, another day of buying should trigger our short etf trading signals. We want to take a short trade......
• 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......

• 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......
• Increasing Blog Site Traffic Is attracting blog site traffic really a difficult proposition? Are there any really, incredibly simple ways that a new person to blogging can increase their blog site traffic? Here are some of the ways that you can attract new blog site traffic to your website without difficult, as well as......
• Gaining Easy Blog Traffic Do you want to spend every day smashing the previous day's traffic record? There is no reason why you cannot achieve this, but it is going to take some work. Write and publish a new post every day. New content is vitally important. It makes search engines come to your......

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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• 04/15 - ETF Trading - SPY, SSO SPY closed higher yesterday, but not enough to trigger our exit signals. Take a second trading position should SPY close lower than our entry price. Otherwise, our exit signals are triggered when the closing price for SPY is higher than it's 5 day moving average, or - for a potentially......
• 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......
• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains 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......

• Best Canadian Stocks and ETFs From the Past Decade 1999-2009 The last day of the decade.  Markets have just closed.  We've got the top stocks from the past decade in now, as well as the ETF winners from 2009.  Here they are. These stocks remind one that buy and hold didn't die in 2009. Top Performing Canadian Stocks . These......
• 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......
• Picking Stocks Advisor We all know that in the stock market is always possible to watch certain stocks go up more than 50% within a few hours to days. This is especially true in the 4th quarter of the year where the buying frenzy starts in wall street. The financial media constantly......

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......
• 09/22 - ETF Trading - IWM, TWM Ok. To review, we have a full short trading position in IWM which closed lower yesterday. We are patiently waiting for our etf exit signals to trigger. Our exit signals are triggered when the closing price for IWM is lower than it's MA(5), or - for a potentially larger gain......
• The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets “Jeff’s analysis is unique, at least among academic derivatives textbooks. I would definitely use this material in my derivatives class, as I believe students would benefit from analyzing the many dimensions of Jeff’s trading strategies. I......

• GP 5 Things You Need To Look At When Trading ETFs Today, I am leaving the world of asset allocation to talk a little bit more about Exchange Traded Funds (ETF). This is probably one of the most popular investment products. Its popularity is soaring amongst smaller investors especially over the past 5 years. The purpose behind ETFs Wouldn’t you......
• 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......
• Vanguard Now Offering Free Trades on In-House ETFs Not to be outdone by low cost ETF competitors like Charles Schwab, Vanguard customers now have the option to trade Vanguard ETFs commission free, as well as benefit from online discount broker like commissions on individual stock trades. Commission-free ETF transactions. Vanguard brokerage clients may make commission-free transactions in Vanguard’s......