Posts Tagged ‘xlu’

07/14 – ETF Trading – XLU, SDP, SPY, SDS

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

We also have a full short trading position in SPY. A stock market sell-off will trigger our etf exit signals. The inverse leveraged etf trade is in SDS.

Our exit signals are triggered when the closing price for XLU or SPY 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. You’ll exit the leveraged trades on these signals as well.

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

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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• 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......
• 07/15 - ETF Trading - XLU, SDP, SPY, SDS The broader market ended flat yesterday. No change in our positions. We have a full short trading position in XLU and we're just waiting for a stock market sell-off to trigger our etf exit signals. The leveraged trade is in SDP. We also have a full short trading position in......
• 07/16 - ETF Trading - XLU, SDP, SPY, SDS The broader market ended flat yet again yesterday and is severely over-bought on a short term basis. Notice the high RSI(2) values for XLU and SPY in the charts below. There is no change in our positions. We have a full short trading position in XLU and we're just waiting......

• The Weakening Dollar - II Now we've seen some reasons for the Dollar's continued weakening, how do we profit from this knowledge? Here's a compendium of worthwhile investments that I've been researching. Invest in foreign currencies and foreign bonds If your bank allows you to make foreign currency deposits, that may be the simplest solution.......
• Forex Robots Benefits And Drawbacks As the forex market keeps much more hours than traditional stock exchanges, you have to be able to keep on top of it over every hour of every day if you want to be a real success. If you are paying for an analyst to keep on top of the......
• Forex Web Site Is Not The Beautiful Name, But The Currency Market! To tell the truth, about a forex site I have heard or to tell more precisely I have seen it once suddenly have cluck on it with a mouse and there it was a forex wed site! I was surprised, but advertising has bewitched me and then the description on......

07/13 – ETF Trading – XLU, SDP, SPY, SDS

XLU closed higher yesterday. We have a full trading position in XLU and/or SDP, and we’re just waiting for a stock market sell-off to trigger our etf exit signals, now.

SPY closed ever so slightly higher yesterday, enough to trigger taking a third and final short position. The higher closing price for SPY also triggered a third and final etf trade for SDS. We’ll wait for our etf exit signals, now.

Our exit signals are triggered when the closing price for XLU or SPY 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. You’ll exit the leveraged trades on these signals as well.

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

Get more information about short 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.

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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• 03/04 - ETF Trading - FXI, FXP OK. FXI moved lower yesterday but not enough to trigger our exit signals. Take your third short position should FXI close higher today. Our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain - when the RSI(2) is less......
• 9/28 - ETF Trading - FXI, EWW, USO, UCO, XLU, UPW Good morning. Friday's stock trading action gave us just a few opportunities to scale into our etf trades. Here's where you should be: You should be long in the first position for any of the following etfs that I listed last Thursday (9/24). FXI, EWW - Country ETFs: These moved......
• 06/22 - ETF Trading - USO, SCO, FXI, FXP We have a full short trading position in USO and/or FXI. If you're trading the inverse etfs, you have a full trading position in SCO and/or FXP. FXI closed higher yesterday, while USO closed slightly lower. So now we're just waiting for our etf exit signals to trigger. Our exit......

• Stick With Stocks Or Pay Off The Mortgage? One of the most frequent questions I see popping up these days is whether or not we should continue to invest in stocks, or pay off our mortgages early? There are many factors driving the urgency behind this question. The down economy, and endless talks of deficit spending, national debt,......
• Should You Use Free Blogging Sites? There are certainly many blogging sites online today. It has become the biggest trend in communications for business and for personal reasons. A blog is a wonderful business tool that allows you to build a presence online as an expert in your field and develop a following of loyal readers.......
• The Complete Guide to Currency Trading & Investing: How to Earn High Rates of Return Safely and Take Control of Your Investments (Paperback) In recent years many smart investors have exited the stock market and other investment areas because they have essentially lost control of their investments. They have relied on the advice and skill of their brokers, bankers, and financial advisors. Many investment and retirement accounts have dwindled. Fortunately, there is......

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 position. Take a third and final short trading position if SPY closes higher today. If you’re trading the leveraged etf, you have a second trading position in SDS. Follow the signals for SPY to take a third and final trading position in SDS. Otherwise, if the market sells off, watch for our etf exit signals to trigger.

Our exit signals are triggered when the closing price for XLU or SPY 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. You’ll exit the leveraged trades on these signals as well.

All etf 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.

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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• 12/29 - ETF Trading - Scale In Strategies Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in an overbought condition. We'll wait for a stock market pull-back to trigger new entry signals. Once we enter an etf trade, we won't always take just one trading position. There are......
• 03/16 - ETF Trading - GLD, UGL GLD closed higher yesterday. As such, you did not take the third trading position in the etf trade. Likewise for the leveraged etf trade in UGL. Our trading strategy is to scale in with up to three 3 trading positions, but we'll wait for the market to present the trading......
• 07/08 - ETF Trading - XLU, SDP, SPY, SDS Wow, what a rebound yesterday. XLU closed higher yesterday and you took your first short position in the etf trade. For the leveraged etf trade, you took your first position in SDP. Updated charts are posted below. As mentioned yesterday, we'll scale in with up to three 3 positions. So,......

• Supplement to Weakon 206 and 207 Weakon 206 and 207 covered asset allocation and diversification.  The problem with what I did is the terms aren't quite right.  The two terms have merged definitions, with people referring to diversification when they mean asset allocation and vice versa.  Confusion ensues.  But instead of adding to it I'm trying......
• Lessons From WCI's Bankrupcy I just found out from The Declining Market that Florida luxury Condo builder, WCI Communities filed Chapter 11. Over a year ago I shorted the stock at $17. Then that jackass Carl Icahn went and put in a bid to buy the company at $22.50 a share, in order to......
• Forex Option Trading - Beginning With The Basics Forex option trading is not an advisable endeavor if you are new to the forex market game. If you delve into it unprepared, chances are, you may lose a lot of money as fast as you can make it. But by doing your research and starting out from the very......