Posts Tagged ‘upw’

12/08 – ETF Trading – XLU, UPW

The S&P Utilities Sector ETF closed lower yesterday, generating an etf trading opportunity. Consider taking a long position in XLU should the etf close lower today.

For the leveraged etf trade, consider taking a position in UPW. However, follow the etf trading signals for XLU. UPW is a double etf – please trade carefully.

XLU – TThe Utilities Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Utilities Select Sector Index.

UPW – ProShares Ultra Utilities seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones U.S. Utilities IndexSM.

We may take up to 3 trading positions over the next couple of days. Our first position is 1/6 of our total trading amount. Our second position is 1/3 of our total trading amount. Our third trading position is 1/2 of our total trading amount. You could also position your trades in a 20-30-50 ratio.

Our exit signals are triggered when the closing price for XLU is higher than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

All trades are at the market close. Please trade responsibly.

Learn why utilities are now a good 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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Learn 16 Strategies to Improve Your Trading…

• 04/26 - ETF Trading - EWH Good morning. EWH moved lower on Friday and you took your second position in the etf trade. Should EWH  close 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......
• 06/14 - ETF Trading - USO, SCO, FXI, FXP USO closed lower on Friday. As such, you did not take a second short trading position in USO, nor a second long trading position in SCO. Take second trading positions only if the closing price of USO moves higher than our entry price. FXI closed higher on Friday and you......
• 07/09 - ETF Trading - XLU, SDP, SPY, SDS XLU closed higher yesterday, enough to trigger taking a second short position. Take a third and final short trading position only if the closing price of XLU moves higher from here. Follow the signals for XLU to make the third and final etf trade for SDP, as well. SPY closed......

• Don't Risk It All With Commodity Day Trading Commodity day trading refers to the buying and selling of stock throughout the course of the day. This means that one is continually buying and selling a position in a stock based on a number of different variables. This type of investment vehicle contains the most risk of all investments......
• Inflation and Currency Protection in Your Portfolio This just a quick investment tip for you to consider over the weekend. It addresses two problems that will confront your money and your portfolio in the coming months:  inflation and devaluation of the dollar. These problems are real and they could become acute in a hurry. Apart from gold......
• No Investment Strategy Will Perfectly Align with Your Goals I read two recent articles from Registered Rep Magazine that reminded me that regardless of how well you plan, and strategize there is no perfect investment strategy.  It doesn’t matter if your investment goal is to mitigate taxes, or if the goal is to invest in all indexes because over......

9/29 – ETF Trading – FXI, EWW, USO, UCO, XLU, UPW

Good morning. We took trading gains yesterday as half of our etf stock picks from last Thursday (9/24) triggered their exit signals. All of these etf trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.

Here’s where you should be:

FXI, EWW – Country ETFs: These moved higher yesterday, and we took our gains on EWW – a nice 2.83% for sitting in the market for 2 days! We’ll patiently wait for FXI to make a move.

USO, UCO – Commodity ETFs: These both moved higher yesterday, but not enough to trigger our etf trading exit signals.

XLU, UPW – Sector ETFs: These both moved higher yesterday and we took our gains. We took only a small .76% gain for XLU, but it’s still a gain. For UPW, we took a gain of 1.76%. Again, these gains are for sitting in the market for just 2 days.

So we’re left with FXI, USO, and UCO. Our etf trading strategy is to buy additional positions should any of these etfs move lower than our initial entry price. Otherwise, our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It’s your call on which exit signal to use.

Join me every day as I offer new etf trading strategies for you to follow.

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, AGQ, EWY, XLI, SIJ If you took the intraday stock trade on SLV or AGQ on Monday, you should have exited the trade at the market close yesterday. Each etf closed above it's 5 day moving average for nice gains. We did not get into EWY yesterday, as it did not close lower than......
• 06/11 - ETF Trading - USO, SCO, FXI, FXP You took your first short position at the market close yesterday in either USO and/or FXI. For the leveraged trade you took your first position in SCO and/or FXP. These are double inverse etfs. Take a second short trading position should USO or FXI close higher. Use these same etf......
• 07/08 - ETF Trading - XLU, SDP, SPY, SDS Wow, what a rebound yesterday. XLU closed higher yesterday and you took your first short position in the etf trade. For the leveraged etf trade, you took your first position in SDP. Updated charts are posted below. As mentioned yesterday, we'll scale in with up to three 3 positions. So,......

• Charles Schwab Might be the Best Choice for Passive Investors Charles Schwab wants to get into the index fund and ETF business. Badly! In doing so, Schwab has created a series of funds to undercut the industry leader -- Vanguard -- by offering the lowest expense ratio ETFs and index funds on the market. With an expense ratio as low......
• Buying and Selling Stocks 101 When it comes to investing in stocks, most people predominantly rely on mutual funds. Mutual funds are a type of professionally managed investment pool that allows you to cast your lot along with thousands of other investors at the same time. Mutual funds are a truly wonderful way for you......
• Are Commodity Stocks A Buy Now? If you are looking for a way to diversify your investment portfolio, consider investing in the commodities market when financial experts are predicting a decline in the stocks and bonds market. While commodities investing can offer big gains, it is important to realize that these stocks are capable of big......

9/28 – ETF Trading – FXI, EWW, USO, UCO, XLU, UPW

Good morning. Friday’s stock trading action gave us just a few opportunities to scale into our etf trades. Here’s where you should be:

You should be long in the first position for any of the following etfs that I listed last Thursday (9/24).

FXI, EWW – Country ETFs: These moved higher on Friday, but not enough to trigger our exit signals. We’ll patiently wait for the market to make a move. (The highlighted bar in the charts shows today’s etf trading action.)

USO, UCO – Commodity ETFs: A bit of divergence here with USO moving a bit higher and UCO moving a bit lower. Per our rules, that means holding steady on USO and buying an additional position on UCO. However, in my own opinion, when there is divergence between an index etf and a leveraged copy of the index etf, I would follow the signals from the index etf – USO in this example. So, since USO moved higher on Friday, we’re invested only in the intial positions we took for USO and UCO on Thursday.

XLU, UPW – Sector ETFs: These moved lower on Friday. You should have added a second trading position in these etfs.

Our etf trading strategy is to buy additional positions should any of these etfs move lower than our initial entry price. Otherwise, our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It’s your call on which exit signal to use.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.

Join me every day as I offer new etf trading strategies for you to follow.

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.

• 07/12 - ETF Trading - XLU, SDP, SPY, SDS XLU closed higher on Friday, enough to trigger taking a third and final short position. The higher closing price for XLU also triggered a third and final etf trading position for SDP. We'll watch for our etf exit signals now. SPY also closed higher on Friday, triggering a second short......
• 01/15 - ETF Trading - EWH, EWZ Good morning. Yesterday, EWH moved lower and you took your initial position in the trade. Should EWH move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf price is greater than it's MA(5), or - for a potentially larger gain -......
• 12/7 - ETF Trading - EWC, USO, UCO Good morning. Futures are down this morning, suggesting a market pull-back, and ideal for our etf trading set-ups. Put EWC and USO on your watch list. Take an initial position should these etfs move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market......

• Looking For Oil Shares On The Cheap Recently ConocoPhilips(COP) announced that it was going to walk-away from its investment in Venezuela. President Chavez had indicated that it was going to take-over COP's operations in the Orinoco Valley. Rather than waste time with negotiating with a tinpot dictator and get pennies on the dollar, COP just decided to......
• 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......
• Trading Stocks Guide 2 Stock trading has numerous benefits as a viable part time occupation. In contrast to a second job, there are no special qualifications to begin. The stock market doesn’t care about your level of success, education, ethnic origin or any personal characteristics. Complex employers, office politics or difficult employees do......