Posts Tagged ‘uwm’

07/14 – ETF Trading – IWM, UWM

IWM closed higher yesterday, but not enough to trigger our exit signals. Updated charts are courtesy of StockCharts.com and are posted below.

Take a second trading position should IWM close lower than our initial trading entry price. Otherwise, our exit signals for IWM are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70.

Trade UWM on the signals for IWM.

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

Learn why the Russell 2000 index is now a good etf trading opportunity in the award winning 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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Get started on your path to financial independence by letting eRollover help fund your IRA for a year.

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• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains 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 a stock market rebound to trigger some new etf......
• 08/23 - ETF Trading - No Trades Today We're still waiting for our etf trading signals to trigger. The broader market remains oversold - see the updated chart for SPY below and notice the low RSI 2 reading. And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound......
• 11/15 - ETF Trading - Gain on XLF, SKF A winning trade shorting XLF, though our gain was small. Our etf exit signals for XLF triggered at the market close on Friday and we took a gain of just 0.84%. The leveraged etf trade in SKF yielded a gain of nearly 1.42%. Updated charts are posted below. We have......

• Dollar Cost Averaging for Retirement Investing Dollar cost averaging as a so-called investment strategy has been around for a long time. When the markets started showing signs of recovery this summer, many pundits were suggesting getting back into equities a little bit at a time, i.e. dollar cost averaging. As a retirement investor, does this really......
• Investing in a Crisis With so much uncertainty currently present in the marketplace, one of the most vital things that you can do to invest safely in a crisis market is simply to learn from mistakes in the past. Certain sectors of the market may seem incredibly attractive in times of a crisis, it......
• GP 5 Things You Need To Look At When Trading ETFs Today, I am leaving the world of asset allocation to talk a little bit more about Exchange Traded Funds (ETF). This is probably one of the most popular investment products. Its popularity is soaring amongst smaller investors especially over the past 5 years. The purpose behind ETFs Wouldn’t you......

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 IWM are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. We’ll use the latter.

Trade UWM on the signals for IWM.

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

Read and learn why the Russell 2000 index is now a good etf trading opportunity in the award winning 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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Get started on your path to financial independence by letting eRollover help fund your IRA for a year.

—–

• 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......
• 05/23 - ETF Trading - No Trades Today We'll make no etf trades today. Even though the market traded lower on Friday, we're looking for the market to close lower still in order to trigger some new etf trading signals. Why even trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his 8 Reasons to Trade ETFS......
• 01/21 - 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 positions. So, take a second trading position should IWM close lower today. Otherwise, our exit signals for......

• 20 Questions to Ask Yourself Before Choosing an Online Discount Broker This weekend, I had a long conversation with someone who had -- like many -- never opened a brokerage account with an online discount broker. Her trading needs were quite simple, and in the end, we decided the best thing for her to do is open an account with......
• Traders Winning Secrets We often hear that 95% of people who try trading for a living fail within the first year. These are not very good odds and it is natural for new traders to wonder if they have what it takes. In this issue, I give you a list of 20......
• Are ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......

07/12 – ETF Trading – IWM, UWM

IWM closed lower yesterday, generating an etf trading opportunity based on our etf trading signals. Consider taking a long position in IWM should the etf close lower today. For the leveraged trade, consider UWM.

IWM – The iShares Russell 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U.S. equity market as represented by the Russell 2000 Index. The index represents the approximately 2,000 smallest companies in the Russell 3000 Index.

UWM – ProShares Ultra Russell2000 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Russell 2000® Index.

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 take positions in a 20-30-50 ratio. All trades are at the market close. Please trade responsibly.

Assuming we get into the trade, our exit signals for IWM are triggered when the closing price for IWM is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70.

Trade UWM on the signals for IWM.

Learn why the Russell 2000 index is now a good etf 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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Get started on your path to financial independence by letting eRollover help fund your IRA for a year.

—–

• 09/14 - ETF Trading - IWM, TWM IWM closed higher yesterday, enough to trigger taking a third and final short position. IWM is over bought and ready for a correction - notice that the RSI(2) is high at 95.69. The higher closing price for IWM also triggered a third and final etf trade position for TWM. We'll......
• ETF Trading - USO, UCO, EWH, IWM, UWM With the sell-off yesterday, a lot of buying signals triggered. We'll focus on just a few. We're still in the trade for USO and UCO and we'll take our gains on the RSI(2)>70 signal. Those who sold on the (MA)5 etf trading strategy made some nice gains. We took a......
• 08/17 - ETF Trading - No Trades Today The broader market moved just a bit lower yesterday and remains 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 a stock market rebound to trigger new short trading......

• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
• Keeping Track of Your Favorite Information The old ways of staying up to date on important information, or stuff you are interested in, are no longer adequate. There is too much information and it is moving too fast for us to wait until it shows up in our mailbox or other print periodicals. Fortunately, the folks......
• Study How To Build Backlinks Fast Backlinks are vital as they instantly have an effect on your search engine rankings. Search engines like google resembling Google make the most of greater than 200 factors to find out which websites are most excellent suited to rank for each keyword, nonetheless, the backlinks play the most important role.......