04/19 – ETF Trading – IYR, URE, SPY, SSO
Strong selling on Friday. IYR closed lower on Friday and you took your first position in the etf trade. For the leveraged etf trade, you took your first position in URE. Updated charts are posted below.
We’ll scale in with up to three 3 positions. So, take a second trading position should IYR close lower today – the same for URE. 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.
With all the strong selling on Friday, etf trading signals triggered for many etfs. Put SPY on your etf watch list. Take an initial position should this etf close lower today. For a leveraged trade, consider SSO.
SPY – The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the S&P 500 Index.
SSO – ProShares Ultra S&P500 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the S&P 500® Index.
All 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.
—–
Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone
Related Posts
- 12/15 - ETF Trading - No Trades Today I have no etf trades to suggest today. The broader market fell yesterday, keeping SPY in an over-sold trading condition - see the RSI 2 in the updated chart posted below. Since SPY and other index etfs are now trading below their 200 day moving averages, our etf trading signals......
- 04/16 - ETF Trading - IYR, URE Good morning. Not a whole lot is flashing on my stock screener; however, I do have a suggestion for today. Put IYR on your etf watch list. Take an initial position should this etf close lower today. For a leveraged trade, consider URE. IYR - The iShares Dow Jones U.S.......
- ETF Trading - SLV, EWJ, EWY Nice move on SLV yesterday (AGQ, too)! Too bad we didn't get into this trade last Friday. If you got into the trade intraday, take your stock trading gains at the market close today provided the stock price moves above it's 5 day moving average. EWJ started a small move.......
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Categories: ETF Stock Trading Tags: iyr, spy, sso, ure
04/16 – ETF Trading – IYR, URE
Good morning. Not a whole lot is flashing on my stock screener; however, I do have a suggestion for today.
Put IYR on your etf watch list. Take an initial position should this etf close lower today. For a leveraged trade, consider URE.
IYR – The iShares Dow Jones U.S. Real Estate Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, to the performance of the real estate sector of the U.S. equity market, as represented by the Dow Jones U.S. Real Estate Index.
URE – ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate IndexSM.
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. Have a great weekend!
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.
—–
Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone
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- 10/27 - ETF Trading - USO, SCO Our short trade in USO made progress by moving lower yesterday. We have a full, short trading position and we're patiently waiting for continued selling to trigger our exit signal. Our exit signal is triggered when the RSI 2 for USO is less than 30. For the inverse leveraged trade......
- 02/16 - ETF Trading - No Trades Today Good morning. My stock screener (stockfetcher.com) is telling me that we have no etf trading opportunities today. Markets are in transition. A stock market pull-back will trigger some new etf trading signals. An updated chart of SPY is posted below. Once we enter an etf trade, we won't always take......
- 11/16 - ETF Trading - No Trades Today More buying pushed the broader market higher yesterday, yet SPY remains in a neutral trading area - see the RSI 2. And since the broader market is below its 200 day moving average, another day or two of buying should trigger our short etf trading signals. However, with SPY moving......
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Categories: ETF Stock Trading Tags: iyr, ure
04/01 – ETF Trading – IYR, URE
Our etf trading signals for XLF / UYG did not trigger yesterday. As such, we did not take the trade.
Today, put IYR on your watch list today. Should it move lower today, take your first trading position at the market close. We may take up to 3 trading positions over the next several days.
For a leveraged trade, consider URE. Take your first long position in URE should it move lower today. We’ll be using IYR as the signal bearer.
IYR – The iShares Dow Jones U.S. Real Estate Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, to the performance of the real estate sector of the U.S. equity market, as represented by the Dow Jones U.S. Real Estate Index.
URE – ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate IndexSM.
All trades are at the market close. Please trade responsibly!
Get up-to-date with all of the etf trading strategies in the book by Larry Connors: High Probability ETF Trading. With easy to follow etf 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.
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.
—–
Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone
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Categories: ETF Stock Trading Tags: iyr, ure
















