Posts Tagged ‘srs’

ETF Trading – XLI, SIJ, IYR, SRS

XLI closed higher, yesterday. And even though it closed above it’s 200 day moving average (in violation of the guidelines set forth in High Probability ETF Trading), this etf, nevertheless, looks overbought and due for a correction.

The same applies for SIJ (inversely).

I added the 50 day moving average on the charts – I find the MA(50) helpful in finding the sub-trend of the larger trend and direction of the stock price.

Take a look at IYR today. Should it close higher, I might short the stock. You could also take a long position in SRS (the double inverse etf). On a related note, read this post by Mike Shedlock. I really don’t think real estate is going to get better any time soon.  Your thoughts?

XLI – Look how the stock price bounced off the MA(50) – resistance?

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

• 07/20 - ETF Trading - IWM, UWM IWM closed higher yesterday and you took a gain of 1.65% on the trade if you exited the trade on the 5 day moving average signal. The trade in UWM yielded 3.12%. Updated stock charts are posted below. Another exit signal for IWM, and one that offers a potentially bigger......
• 09/15 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday, with an RSI 2 greater than 75, giving us a short trading opportunity. 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......
• 08/26 - ETF Trading - SPY, SH, SDS We're shorting SPY in this current trading session. You could also trade the inverse etfs - SH and/or SDS. We have one trading position in our basket. SPY closed lower yesterday (SH & SDS higher), but not enough to trigger our exit signals. Updated charts are posted below. We may......

• 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......
• Announcing the Winner of the $25 "Invest Lazy Man’s Money" Game Last week, I decided to try something a little new and offer $25 for people to give me ideas on investing my money. I purposely left the guidelines a little loose. Investing is extremely broad to start with. It's also extremely personal. A successful recommendation would have to know my......
• Investing in High Yield Stocks and Receiving Dividends A dividend is a payout to shareholders who own stock.   According to Investopedia the definition of a dividend is “a distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders.  The dividend is the most often quoted in terms of......