Posts Tagged ‘xlf’

06/22 – ETF Trading – XLF, SKF

The S&P Financial Sector ETF closed higher yesterday, generating an etf shorting opportunity. Consider taking a short position in XLF should the etf close higher today.

If you’re unable to short XLF, consider taking the inverse etf – SKF. However, follow the etf trading signals for XLF. SKF is a double inverse etf – please trade carefully.

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

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

We’ll scale in to our trade with a 33-67 ratio – the first trading position at 1/3 of your trading funds; the second trading position (when the closing price pushes the RSI 2 above 94) with the remaining 2/3. All trades are at the market close. Please trade responsibly.

Should we get into the trade, our exit signals are triggered when the closing price for XLF is lower than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30. Exit SKF on these signals as well.

This etf trading strategy is the RSI 90/94 Strategy found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today and be ready to profit from your own etf trades.

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.

—–

Learn 16 Strategies to Improve Your Trading…

—–

• 11/09 - ETF Trading - XLF, SKF XLF closed lower yesterday, but not enough to trigger our exit signals. Updated charts are posted below. To review, we have a short trade in XLF in progress. Our exit signals for the trade are triggered when the etf price is less than it's MA(5), or - for a potentially......
• 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......
• 04/27 - ETF Trading - EWH, XLF, UYG EWH closed higher yesterday. As such, you did not take the third trading position in the etf trade. Our etf trading strategy is to scale in with up to three 3 trading positions, but we'll wait for the market to present the trading opportunities. Take a third trading position today......

• How to Pick a Financial Advisor If you are getting serious about investing or managing your personal finances, it may be time to think about hiring a financial advisor. Before you take that step however, there are a few things to think about. It is vital to make sure that you are working with someone that......
• 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.......
• 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......

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 made 30 winning trades out of 38 for the year. That’s a winning percentage of better than 78%. Our goal is to produce more winning trades versus losing trades. On that goal, we’re still on track.

We were lucky to make a gain outside the bounds of our trading signals. Our trading rules for shorting are to trade short only when the price of an etf is below its 200 day moving average. However, XLF was extremely overbought and was due for a correction, and so we made a small gain instead of losing money with a stop-loss order.

I have no etf trading opportunities to suggest today. We’ll wait for the broader market to make a move to present some new etf trading opportunities.

Now is a great time to learn all about etf trading strategies we use here. They’re all contained in the book by Larry Connors: High Probability ETF Trading. Seriously, his etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today!

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.

—–

Get More Day Trading Strategies …

• 10/20 - ETF Trading - EWJ, EWY Prices for EWJ and EWY moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. We'll wait for a stock market pull-back to trigger some new entry signals. Updated stock charts are posted below. Want more information about how I trade......
• 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......
• 03/15 - ETF Trading - XLE, DIG XLE closed higher yesterday, but still not enough to trigger our exit signals. Updated charts are posted below. Take a third trading position should XLE close lower than 73.83 - trade DIG on this signal for the leveraged trade. Otherwise, our exit signals for XLE are triggered when the etf......

• 3 New Techniques To Find An Incredible Joint Venture Partner Launch Jacking ReviewNonetheless haven't formed winning joint ventures simply because you can't discover the best partner? JVs are an excellent method to raise business and make much more funds, but you have to have the correct partner to create it succeed. If you're still looking for the perfect JV partner,......
• Choosing a Great Investment Manager You know that past returns are not indicators of future performance, right? You've read that on a billion mutual prospectuses. Nonetheless people tend to use their past returns as their primary motivation for selecting new ventures and speculations. This is probably a combination of everyday human nature, the historical charts......
• Dynamic Trend Trading - 80%+ Winning Trades 2010 Bull Market... 2009 Bull Market... 2009 Recovery... 2008 Financial Collapse... 2008 Market top and 12 week bear market... 2007 Bull Market... 2006 Bull Market... 2005 Bull Market... 2003 Bull Market... 2002 Bear Market... 1999 Bull Market... 1998 Asian Currency Crisis... 1996 Bull Market... 1995 Bull Market... Persian Gulf War......

11/12 – ETF Trading – XLF, SKF

XLF closed lower yesterday, but not enough to trigger our exit signals. Asia, Europe and S&P futures are all lower this morning. Perhaps today will be the day we can exit our trade.

Updated charts are posted below.

To review, we have a short trade in XLF in progress. Our exit signals for the trade are triggered when the RSI(2) value of the etf price is less than 30.

For the leveraged trade in SKF, follow the signals for XLF.

All trades are at the market close.  Have a great weekend!

Learn more about etf trading strategies in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. 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

• 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......
• 05/26 - ETF Trading - IWM, UWM IWM closed higher yesterday, but not enough to trigger our etf exit signals. Take a second and final trading position should IWM close lower than our entry price and the RSI 2 falls below 6. Otherwise, our exit signals are triggered when the closing price for IWM is higher than......
• 01/26 - ETF Trading - IWM, UWM IWM closed higher yesterday, and above its 5 day moving average for a small gain of .67%. However, we're waiting for the RSI(2) to close above 70 to trigger our etf exit. Updated charts are posted below. To review, we have a long trade in IWM in progress. Our exit......

• 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......
• How To Invest In Oil Without Buying By The Barrel Using Commodities Futures If you want to become an oil tycoon without fronting tens millions of dollars for oil exploration, consider the benefits of investing in oil via the futures market. An investment in oil within the context of a broad allocation to commodities with a portion of your assets (no more than......
• Introduction To Forex Trading If you are just starting out in the stock trading business or if you are already in it, you may have heard the term Forex trading quite a few times, but you probably might not have a clue on what it may actually mean. Forex or foreign exchange trading is......

11/11 – ETF Trading – XLF, SKF

• 04/07 - ETF Trading - No Trades Today The broader market remains overbought - see the high RSI(2) value on the chart for SPY. Even the sector etfs are overbought. Nothing we can do - we'll just patiently wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in an article......
• 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......
• 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......

• 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......
• 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......
• The Social Media Marketing Book The Social Media Marketing Book by Dan Zarrella. How can your business or organization take advantage of social media? With this book, you’ll quickly learn about the wide range of options — including blogs, forums, and sites such as Twitter, Facebook, and LinkedIn — and determine which ones best......

11/10 – ETF Trading – XLF, SKF

We have a short trading position in XLF and we’re just waiting for a continued stock market sell-off to trigger our etf exit signals. The leveraged trade is in SKF.

Updated charts are posted below.

Our exit signals are triggered when the closing price for XLF is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal. Follow the signals for XLF to exit the leveraged trade.

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

Have questions about the signals? The etf trading details are all 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 – now in paperback.

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.

—–

Get More Day Trading Strategies …

• 02/04 - ETF Trading - No Trades Today Good morning. My stock screener 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. Once we enter an etf trade, we won't always take just one trading position. There are times when we'll......
• 06/30 - ETF Trading - No Trades Today That was some sell-off yesterday. The broader market is definitely 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 trading......
• 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......

• Sunday Money Roundup - Stocks and Things Welcome to this week's edition of the SMR. Browse by category for your weekend reading material. What other categories would you like to see here? Let me know - leave a comment! College | Home: Kirberts says you can be in the school you want with affordable student loans. School......
• Invest In A BRIC ETF For Long-Term Growth? Jim O’Neill coined the term BRIC (Brazil, Russia, India, China) in a report for Goldman Sachs. He claimed, as did further research that the four emerging markets in the BRIC would eclipse today’s wealthiest nations by 2050. An ETF (Exchange Traded Fund) is a grouping of stocks compiled beneath an......
• Enjoy Better Investments With TradeKing Most of us are trying to find the best brokerage firms which we can entrust our investments with. When a person plans to invest in stocks through online trading, an online broker needs to be hired. As there are plenty of online brokers available, stock investors need to be very......