Posts Tagged ‘uyg’

05/17 – ETF Trading – SPY, SSO, XLF, UYG

Good morning. I have a couple of etf trading ideas for today. We’ll take up to 3 trading positions.

Put SPY on your etf watch list. Take an initial position should this etf close lower today. For a leveraged trade, consider SSO.

Also, for a sector play, put XLF on your watch list. For the leveraged trade, consider UYG. Take an initial position should these close lower today.

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.

XLF – The Financial Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Financial Select Sector Index.

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

All trades are at the market close. Please trade responsibly. These etfs are moving closer to their 200 day moving averages – trading can be a bit more erratic.

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

• 05/27 - ETF Trading - IWM, UWM Ok - let's try this again. Stock futures and world markets are moving higher this morning. Perhaps we'll be able to take our etf trading gains today. IWM closed slightly higher yesterday, but not enough to trigger our exit signals; ditto for the leveraged etf trade in UWM. Our exit......
• 08/24 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday, with an RSI 2 greater than 75. Should it close higher today, consider taking your first short position in this etf trading opportunity. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the......
• Online Stock Trading Made Easy! Online Stock Trading Made Easy! Always Been Interested In Online Trading? But Super-Confused And Not Sure Where To Even Start? Fret Not! Learning It Is A Cakewalk, Only If You Have The Right Guidance...! Finally! You Can Now Discover Some Of The Most Effective And Little Known Insider Secrets, That......

• Daily Stock Trading Tools Daily stock trading is a form of short-term investments as the buying and selling of stocks are completed within a day and you can easily see the results at the end of the day – you either earned some profit or not. This is more of a hands-on approach......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......
• Learn Options Trading To Hedge Your Portfolio In today's turbulent economy, many investors are hesitant to invest in the market because it is plagued with uncertainty. While some sophisticated and hopeful investors still have comprehensive investment portfolios consisting of mutual funds, stocks, and bonds, the percentage of investors who are trading on the market has declined significantly.......

04/30 – ETF Trading – EWH / Gains on XLF, UYG

Nice gains on the financial trade! Our etf exit signals were triggered for XLF and UYG. We gained 3.76% on XLF and 6.89% on UYG. All in a 2 day trade!

All trades were at the market close. Updated charts are posted below.

We’re still waiting for our exit signals to trigger for EWH. Sell EWH at the market close 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.

I have no other etf trading opportunities to suggest for today. The broader market is now over bought with yesterday’s rally – 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. Then, get the book to make your own winning trades!

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.

Don’t forget your Mom – Mother’s Day is May 9

• 06/07 - ETF Trading - Gains on USO, SCO Nice gains on the short oil trade - another winning trade. Our etf exit signals triggered for USO and SCO. We gained 4.75% shorting USO and we gained 9.40% on SCO - all in a 5 day trade! All trades were at the market close. Updated charts are posted below.......
• 04/08 - ETF Trading - No Trades Today We had a nice sell-off yesterday. Yet the market is in neutral territory (see the updated chart of SPY below). Let's wait for more stock market selling to trigger some new etf trading signals. As I write this, the european markets are selling off strongly. Perhaps the selling will carry......
• 04/12 - ETF Trading - Loss on FXY Our etf exit signal finally triggered for our trade in FXY. Unfortunately we took a loss of 1.27% in the trade. Our goal is to produce more winning trades versus losing trades. On that goal, we're on track. Including the loss on this trade, we still have made 40 winning......

• Understanding The Stock Market Watching the numbers roll by on the bottom of your screen during a news cast might seem like nonsense to you. Those numbers are very important to many people because they make their fortune with stocks. They steadfastly watch the stock markets wanting to see how their investment is......
• Investing Strategies for Good and Bad Markets Have you noticed that the internet is full of articles that have a lot to say but they don’t get down to the nitty-gritty? Many of those well-meaning articles don’t understand that what you’re looking for is truly actionable steps. What should you do when you believe that the market......
• Why Value Investing Works - The Myth of Efficient Markets Eugene Fama is generally credited with creating the academic model of Efficient Markets in his Phd. thesis at University of Chicago. At its very basic, the weak form of Efficient Market Hypothesis states that the securities prices reflect ALL publicly available information. The semi-strong form of EMH further states......

04/29 – ETF Trading – EWH, XLF, UYG

Stocks rebounded yesterday, but not enough to trigger our exit signals. We have a full trading positions in EWH and our first trading position in XLF and/or UYG. Our etf entry signal for SPY / SSO did not trigger.

For EWH, we’ll patiently wait for our etf exit signals to trigger. Our exit signals are triggered when the etf price is greater than its MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

For XLF / UYG, scale into a second position should these close lower than our initial entry price. Or, exit the trade at the market close when the etf price is greater than its MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

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

Have questions about the signals? Learn all the etf trading signals 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.

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.

AlphaClone – let the world’s top fund managers guide you in this market.

• 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......
• 07/20 - ETF Trading - IWM, UWM IWM closed higher yesterday and you took a gain of 1.65% on the trade if you exited the trade on the 5 day moving average signal. The trade in UWM yielded 3.12%. Updated stock charts are posted below. Another exit signal for IWM, and one that offers a potentially bigger......
• 11/11 - ETF Trading - XLF, SKF Today is Veterans Day. Thank a vet today for their service to you and your family. From: The Marietta Daily Journal - Veterans Day events in Cobb Veterans Day is a national holiday honoring all veterans and commemorating those who are deceased. Formerly known as Armistice Day, it is......

• 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......
• Investing 101: Fighting Inflation Today, in a very special Investing 101 column, we're going to consider ways to help inflation-proof your portfolio. Q: What is inflation? A: That's something of a complicated question.  The basic definition is that inflation is an economy-wide increase in the price of goods and services.  Remember all those stories......
• Stock Trading Boom Online stock trading has created a boom in the industry of stock market. It has made everyone to enjoy the excitement and thrill of stock trading by using your computer system. It has made possible to continue trading even if you are out of town, therefore, you can have......