Posts Tagged ‘tps’

12/31 – Have a Happy New Year

No trades for today. However, the markets are starting to roll over.  We’ll take a fresh look at the trading signals “next year.”   See you on Jan 4.  Happy New Year!

In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry Connors. In it, he talks about his TPS strategy. TPS stands for Time, Price and Scale-in and has been the backbone of our ETF trading. Discover all the details of TPS and other etf trading strategies in the book by Larry Connors: High Probability ETF Trading.

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• 08/22 - ETF Trading - No Trades Today The broader market closed lower on Friday and remains oversold on a short term basis - see the low RSI 2 in the chart for SPY below. We'll patiently wait for this market to rebound to trigger some new short etf trading signals. We're not making any long trades as......
• 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......
• 12/28 - ETF Trading - No Trades Today Good morning. I hope you had a nice Christmas and holiday break. The market drifted higher on lower volume last week - typical of holiday trading and a "Santa Claus" rally. However, the major indices remains overbought as shown in the chart of SPY I've posted. Notice the high RSI(2)......

• ETFs at tax time I often recommend ETFs as being a low cost alternative to stock index mutual funds. Low expenses, and a liquid market (for popular ETFs) that trades during the day, not just the day's closing price are among the features that EFTs offer. Given the recent pullback in the price of......
• Prosper Risk RGF in the Prosper forums just made the best post I have seen as an introduction to risk on Prosper.  I am reprinting the entire post.  Here is a link. I've seen a lot of comments about the high risk associated with lending on prosper and "only lend what you......
• Buying Stocks Without A Full-Service Broker Especially in today's unstable and volatile market, investing can be a scary proposition. For many, a broker serves as a guide through the financial market jungle, and is an essential part of a solid investment strategy. For others, hiring a broker is simply the equivalent of handing money to a......