Posts Tagged ‘uco’

04/12 – ETF Trading – USO, UCO

Good morning. Not a whole lot is flashing on my etf stock screener; however, I do have a suggestion for today.

Put USO on your watch list. Take an initial position should this etf close lower today. USO has closed lower for 4 days in a row, and looks ready for a rebound. For a leveraged trade, consider UCO.

USO – The investment objective of USO is for the changes in percentage terms of its units’ net asset value (“NAV”) to reflect the changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange (the “NYMEX”), less USO’s expenses.

UCO – The investment will seek to replicate, net of expenses, twice the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The fund normally invests assets in financial instruments with economic characteristics twice the return of the index. It may employ leveraged investment techniques in seeking its investment objective.

All etf 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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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

• 05/28 - Gains on IWM, UWM - USO, SCO, FXI, FXP Yes! Nice gains on the IWM trade. Our etf exit signals triggered for IWM and UWM. We gained 2.83% on IWM and 5.34% on UWM, all in just 7 trading days. All trades were at the market close. Updated charts are posted below. If you caught my mid-day post yesterday,......
• 06/28 - ETF Trading - USO, SCO Oil closed higher Friday, generating another good etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider trading the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf......
• 01/21 - ETF Trading - EWH, EWZ We have 2 trading positions in EWH and 1 trading position in EWZ. Yesterday's sell-off pushed prices lower. Scale into an additional position should either of these etfs move lower today. Exit the trade at the market close when the etf price is greater than the MA(5), or - for......

• Should You Invest In A Forex Managed Account? This type of investment account will offer anyone the opportunity to be a part of a larger financial market that trades over 3 trillion dollars per day. These accounts are for the serious investors who prefer to have their money managed by highly experienced and trained managers for just this......
• What Does Your Home’s Curb Appeal Say? Whether you are selling your home, or you just want it to look its best, curb appeal is something that must be focused on. You can add quite a bit of value to your home with just a few simple fixes, but before you start, it is important to think......
• Seasonal Investing ETF and Seasonal Investing Strategies from Brooke Thackray Earlier this year I wrote an article explaining seasonal investing for those new to this particular stock investing strategy.  My attention is turned once again to the topic of seasonal investing now that Horizons BetaPro has launched a new seasonal investing ETF. Moreover, the new AlphaPro Seasonal Rotation ETF (TSX:......

12/17 – ETF Trading – USO, UCO, FXI

Oil moved higher yesterday, and so did our etf trades in USO (and UCO). Our exit signals were triggered as the RSI(2) of the closing price moved above 70. We had a gain of .75% in USO, excluding trading costs. UCO broke even.

We took a third trading position in FXI as it moved lower yesterday. We’ll patiently wait for the market to correct and trigger our exit signals.

Our etf exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70; we’ve been using the latter. All trades are at the market close.

How do all of these trading signals work? Find out 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading – available at Amazon.com or save $10 at TradingMarkets.com.

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.

• 06/09 - ETF Trading - No Trades Today The broader stock market has worked off its over-sold condition with yesterday's rally, but not enough to trigger our etf trading signals. Our trading signals are now weighted toward shorting etfs since SPY and other index etfs are now trading below their 200 day moving averages. Why is that important?......
• 9/15 - ETF Trading - USO, UCO It's September 15 - your estimated taxes are due! ******* I know I sound like a broken record, but the major markets remain overbought by our measures. We're still patiently waiting for a market pull-back to trigger our stock trading entry signals. Oil moved lower yesterday. Keep USO and UCO......
• 9/22 - ETF Trading - EWJ, FXI Put EWJ back on your watch list today, and take an initial position should it close lower today. 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......

• Bank of America Joins the Club of Shareholder Abusers This week Bank of America announced that it was cutting its dividend payment in half.  Mr. ToughMoneyLove is outraged by this action.  It represents an abuse of shareholders like me who invested in Bank of America as a reliable dividend-paying stock and who stayed with the company while other banks......
• Web Design – Your Site Is Ready! Now Learn How To Market It http://internetmarketingresourses.net Search engines are the principal way of getting people to your website. If you want customers to come to your site, increase its visibility on SEs. Before you attempt to accomplish this goal, familiarize yourself with three aspects of search engines – site submissions, SE optimization and search engine......
• I Share My Asset Allocation (as do 7 other Money Writers) The Money Writers is having a group writing project. Each of us have decided to share our asset allocation and performance from the first of the year to last Friday. You might want to put the children to sleep, this could get ugly. Asset Allocation I would like to say......

12/16 – ETF Trading – USO, UCO, FXI

The major market indices moved lower yesterday and so did FXI. Add a third trading position should FXI close lower today. Our exit signal is triggered when the RSI(2) of the closing price is greater than 70.

Despite the lackluster market yesterday, USO (and UCO) moved higher with the closing price finishing above the 5 day moving average. The MA(5) exit signal resulted in a losing trade. However, our exit signal is triggered when the RSI(2) of the closing price is greater than 70. We’ll follow the trade to it’s conclusion.

Join me everyday to follow the etf trading signals. All of the signals and strategies I use for etf trading are found 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.

• 02/05 - ETF Trading - SPY, SSO Wow, what a sell-off yesterday. Put SPY on your watch list today. For a leveraged trade, consider SSO. Take your first position in the trade should these etfs move lower today. You can follow the trades with this simple etf trading worksheet I created.  All trades are at the market......
• 9/10 - ETF Trading - No Trades Today The markets are overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The strategies have only a few rules and you'll......
• ETF Trading - FXI Good morning. The futures are down this morning! A big stock market pull-back should give us some new trading opportunities this week. Today we'll look at FXI. FXI is the iShares FTSE/Xinhua China 25 Index Fund. This etf seeks investment results that correspond generally to the price and yield performance,......

• Weakon 207:  Diversification Yesterday we learned about asset allocation, where you decide which asset classes are right for you.  Today, I'll help you decide what investments are right for you inside a specific asset class.  Again the name of the game is managing risk, this time by diversifying within an asset class. It......
• ETF Update and Market Outlook by Som Seif, President of Claymore Investments and ETFs This past Wednesday Som Seif, President of Claymore Investments Canada, appeared on BNN's Market Call to take questions on ETFs.  Here's a brief recap of Seif's market outlook and update on the state of ETFs in Canada and with Claymore specifically. Canada's Consumer Prices Fallen Most Since 1953 Seif doesn't......
• Need help planning on investing into some stocks and was looking for suggestions on which online trading site.? Need help planning on investing into some stocks and was looking for suggestions on which online trading site is the best to get started. Not looking to invest much, but want to use a little and work from there. Experience would be great help, so if your a stock broker......