Posts Tagged ‘uco’

04/15 – ETF Trading – Gains on USO, UCO

Nice gains on the oil trade! Our etf exit signals triggered for USO and UCO. We gained 2.09% on USO and 3.55% on UCO. All in a 3 day trade!

All trades were at the market close. Updated charts are posted below. You can download the spreadsheet for the etf trade here. Here’s a look at what we did in March.

Our entry signal for EWT did not trigger yesterday.

I have no etf trading opportunities to suggest for today. The broader market is over bought – a stock market pull-back will trigger some new etf trading signals.

FREE Report: Get the most popular chapter of Larry Connors’ best selling book: High Probability ETF Trading – Chapter 8: An Introduction to TPS – Time, Price, Scale-in. Learn one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.

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.

• ETF Trading - SLV, EWJ OK, lets's get started trading. Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today: SLV EWJ Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position......
• 08/26 - ETF Trading - No Trades Today No trades for today. However, the major stock market indices closed higher with an afternoon rally. A few more positive days will trigger our short etf entry signals. Be patient. In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry......
• 07/13 - ETF Trading - IWM, UWM IWM closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below. As we discussed yesterday, we'll scale in with up to three 3 trading positions. So, take a second position should IWM close lower today. Otherwise, our exit signals for......

• Equity Trading Sales While there are plenty of day-in-the-life and week-in-the-life stories detailing what you do in investment banking, there’s surprisingly little information on sales & trading. We started to fix that problem by looking at what you do in fixed income – besides bankrupting your firm and causing the economy to......
• Bush Plans to Host World Summit to Address the Current Credit Crisis The United States President George Bush recently announced his intention to hold a world summit involving leaders from all around the world in order to discuss the global financial crisis in the near future. What he did say however is that any financial reform should absolutely not come at the......
• Six Tips for Long-term Investment Success The most attractive feature for people to put all of their cash in banks is that they offer rates of interest which vary between current accounts and saving accounts. Depending upon their usage and cash demands, people choose between these two types of accounts but these days the rates of......

04/14 – ETF Trading – USO, UCO, EWT

Good morning. USO moved lower yesterday and you took your second position in the etf trade. For the leveraged trade, UCO also moved lower and you took your second position in the trade. Should these etfs move lower today, take your third position in the trade.

Otherwise, 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.

Put EWT on your watch list. Take an initial position should this etf close lower today.

EWT – The iShares MSCI Taiwan Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Taiwanese market, as measured by the MSCI Taiwan Index.

Updated charts posted below. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these 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.

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• 10/28 - ETF Trading - USO, SCO Our short trade in USO continues to drag on and is taking a bit longer than our usual trade. We have a full, short trading position and we're patiently waiting for a sell-off and a move lower to trigger our exit signal. USO closed higher yesterday. Our exit signal is......
• 9/16 - ETF Trading - EWJ Put EWJ on your watch list today, and take an initial position should it close lower. 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 Japanese market,......
• 10/13 - ETF Trading - USO, SCO A repeat of the previous day, USO closed lower yesterday. As such, we did not take a second short position in the etf trade. And using the signals for USO to trade SCO, we did not take a second trade in SCO. Updated charts are posted below. We may scale......

• Choosing the Right Types of Investments If you have a regular, traditional type of pension plan, then your employer is responsible for making all of your investment decisions in your place. With most other types of retirement plans that are out there, however, you are the one that is in the driver's seat. Some people believe......
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• Why it's Important to Buy during the Doom & Gloom News On March 9, 2009, the stock market closed at it's lowest level in over a decade. The doom and gloom news factories were pumping out negativity as loudly as it could because that was what "people wanted to hear." You couldn't pick up a newspaper, click to highly trafficked website,......

04/13 – ETF Trading – USO, UCO

Ok. USO closed lower yesterday and you took your first position in the etf trade. For the leveraged etf trade, you took your first position in UCO. Updated charts are posted below.

Once we trade, we don’t always take just one trading position. There are times when we’ll scale in to the trade – sometimes up to 3 to 4 additional positions. And each position gets a bit larger than the previous position. Larry Connors has a great summary of these strategies which you can review here.

We’ll scale in with up to three 3 positions. So, take a second trading position should USO close lower today – the same for UCO. All trades are at the market close. Please trade responsibly.

Otherwise, our 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.

Join me everyday to follow these 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.

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Learn 16 Strategies to Improve Your Trading…

• 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......
• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......
• 05/25 - ETF Trading - IWM, UWM IWM closed lower yesterday and we took our first position in the etf trade. Take a second and final trading position should IWM close lower still and the RSI 2 is less than 6. Follow these signals for trading UWM, as well. Otherwise, our exit signals are triggered when the closing......

• 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......
• A Primer For The Stock Market Trader Interested In Trading Options Because of their reputation of being a high-risk speculation, trading options may not appeal to many who are new to trading in the stock market. However, the person who understands the stock market and is able to make profitable decisions in trading stocks should be a good candidate to speculate......
• Equity Trading Sales While there are plenty of day-in-the-life and week-in-the-life stories detailing what you do in investment banking, there’s surprisingly little information on sales & trading. We started to fix that problem by looking at what you do in fixed income – besides bankrupting your firm and causing the economy to......

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

• 08/03 - ETF Trading - USO, SCO Oil closed higher yesterday, generating an etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider taking the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf -......
• 02/08 - ETF Trading - USO, UCO Put USO on your watch list today; USO closed lower yesterday, generating an etf trading opportunity. Consider taking the first trading position in USO should the etf close lower today. For the leveraged trade, consider UCO. However, follow the etf trading signals for USO. UCO is a "double" etf -......
• 11/13 - ETF Trading - EWZ, USO, UCO Good morning. Yesterday's market sell-off gave us some trading signals and potential etf trade entry points. Put EWZ and USO on your watch list today. Take an initial position should these move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market close. The......

• More on Synthetic Long Positions As previously mentioned, I entered a synthetic long stock position using options in Seabridge Gold.As a recap, a synthetic long stock position is buying the calls and selling the puts to offset the cost the of calls. (If you don't know what calls and puts are, I suggest you read......
• Hoopnotica The hula hoop burst onto the scene in the 1950’s and it’s been a national pastime since. Most of us remember playing with them as kids, but by the time we get to be adults, we leave them behind. Little do most of us know that hula-hooping is actually very......
• 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......

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.

• 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......
• 08/31 - ETF Trading - No Trades Today We had a promising set-up for a short trade; unfortunately the market sold off yesterday and our trading signals for IWM did not trigger. As such, we did not take the etf short trade. The broader market is nearly oversold (see the updated chart for SPY below - notice the......
• 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?......

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• Update on the Attorney Meeting In a previous post updating my oil investing, I mentioned I was going to see an attorney.One of my partners [with whom I've deal a couple of smaller real estate deals] and I met for just over half an hour with an attorney. We've used this attorney before and he's......