Posts Tagged ‘xlf’

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......
• 08/16 - ETF Trading - No Trades Today More selling pushed the market lower on Friday. The broader market is 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......
• 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......

• Investing in Uranium: The 5 Largest, Most-Traded Uranium Stocks in Canada If the oil sands wreak environmental controversy in Canada's west, uranium deposits and uranium production can fare no better.  Regardless, uranium producers are in demand and there will be investors, just like you are probably already an unwitting investor in some rather more obvious and one-sided sin stocks through your......
• 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......
• 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......

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.

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Get More Day Trading Strategies …

• 02/16 - ETF Trading - USO, UCO We're patiently waiting for our etf exit signals to trigger. USO closed lower yesterday and is about as over-sold as it can get. Be patient, dear trader. We're due for a correction and hopefully a winning trade. Our exit signals are triggered when the closing price for USO is higher......
• 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......
• 05/25 - ETF Trading - IWM, UWM IWM closed lower yesterday and we took our first position in the etf trade. Take a second and final trading position should IWM close lower still and the RSI 2 is less than 6. Follow these signals for trading UWM, as well. Otherwise, our exit signals are triggered when the closing......

• Goldline’s Gold Coins Only Worth Half the Meltdown Value Many do not agree with Dylan Ratigan's politics, but you have to love his outspoken nature when it comes to exposing crooks, corrupt politicians and scam artists. Today, Goldline International, the maker of outrageously overpriced gold coins (e.g. an average of a 90% markup from melt value of gold in......
• 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......
• ETF Investments - What You Need To Know Diversification is extremely important when developing or maintaining an investment portfolio. Typically, people have a mix of stocks, bonds and mutual funds when planning for their future, but now there is another product to add to the list of possibilities, etf investments. Exchange traded funds (etfs) were introduced in 1993......

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 larger gain – when the RSI(2) is less than 30.

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

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

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.

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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

• 10/07 - ETF Trading - USO, SCO USO closed modestly higher yesterday. We have a full, short trading position and we're patiently waiting for sell-off to trigger our exit signals. Our exit signals are triggered when the closing price for USO is lower than it's MA(5), or - for a potentially larger gain - when the RSI(2)......
• 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......
• 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......

• 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......
• Building a Personal Pension Like the Professionals I think one of the biggest problems that baby boomers are going to encounter is transitioning from accumulation to decumulation.   At 30 I am still young, but it has to be an odd feeling moving from the gathering of assets to partitioning which assets to spend and when.  I recently......
• Making Easy Money On Global Forex Trading There are different forms of business. But the easiest way of making money is to trade forex. One of the leading providers of forex trading in real times basis is the global forex trading. It started out its operation since 1997. It gives chances to individuals to trade forex online......