Posts Tagged ‘xlu’

12/08 – ETF Trading – XLU, UPW

The S&P Utilities Sector ETF closed lower yesterday, generating an etf trading opportunity. Consider taking a long position in XLU should the etf close lower today.

For the leveraged etf trade, consider taking a position in UPW. However, follow the etf trading signals for XLU. UPW is a double etf – please trade carefully.

XLU – TThe Utilities Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Utilities Select Sector Index.

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

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 position your trades in a 20-30-50 ratio.

Our exit signals are triggered when the closing price for XLU is higher than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

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

Learn why utilities are now a good 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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Learn 16 Strategies to Improve Your Trading…

• 04/26 - ETF Trading - EWH Good morning. EWH moved lower on Friday and you took your second position in the etf trade. Should EWH  close lower today, take your third position in the trade. Otherwise, our etf exit signals are triggered when the etf price is greater than it's MA(5), or - for a potentially......
• 01/06 - ETF Trading - No Trades Today Good morning. My stock screener is reporting 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 etf trading signals. Once we enter an etf trade, we won't always take just one trading position. There are......
• 04/13 - ETF Trading - USO, UCO Ok. USO closed lower yesterday and you took your first position in the etf trade. For the leveraged etf trade, you took your first position in UCO. Updated charts are posted below. Once we trade, we don't always take just one trading position. There are times when we'll scale in......

• Inflation and Currency Protection in Your Portfolio This just a quick investment tip for you to consider over the weekend. It addresses two problems that will confront your money and your portfolio in the coming months:  inflation and devaluation of the dollar. These problems are real and they could become acute in a hurry. Apart from gold......
• What Lessons Have You Learned from the Great Recession? Many personal finance pundits are now referring to recent economic events as the "Great Recession." I don't understand why folks want to use "great" to characterize an economic calamity. "Awful Recession" would be more appropriate. But I digress. Fed Chair Bernanke this week stated that the decline of the U.S.......
• Beginner's Tips for Smart Investing Investing is an endeavor that can be both challenging and complicated. If you are new to investing, then you may end up paying the price if you do not know where to turn for the most reliable investing tips and investing advice out there. Fortunately for you and other beginners......

07/19 – ETF Trading – A Gain and a Loss

A small gain on our S&P trade: our etf exit signals triggered on Friday for SPY and SDS with the large market sell-off. We gained 1.12% shorting SPY. For the leveraged trade in SDS, we gained 1.92%.

Our etf exit signals triggered for XLU on Friday as well. We had a small loss of 0.13% shorting XLU. For the leveraged trade in SDP, we lost 0.07%.

All trades were at the market close. Review them with our monthly results. Friday’s charts are posted below.

I have no etf trading opportunities to suggest for today. The broader market is over-sold and under its 200 day moving average. A stock market rebound will trigger some new short etf trading signals.

Be ready for the next set of etf trading signals. Get the most popular chapter of Larry Connors’ best selling book in this FREE Report. Learn one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.

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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Scared to trade? Let the world’s top fund managers guide you in this market – AlphaClone

• 10/21 - ETF Trading - USO, SCO USO closed just a bit higher yesterday. We have a full, short trading position and we're patiently waiting for continued selling to trigger our exit signal. This trade has taken longer than most. Our exit signal is triggered when the RSI 2 for USO is less than 30. For the......
• 03/03 - ETF Trading - FXI, FXP Good morning. FXI moved higher yesterday and you took your second short position in the etf trade. Take your third short position should FXI close higher today. Otherwise, our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain -......
• 05/26 - ETF Trading - IWM, UWM IWM barely closed lower yesterday, but not lower than our second entry price of last Thursday. Consequently, we're still waiting to take the third trading position in the etf trade. Likewise for the leveraged etf trade in UWM. Our etf trading strategy is to scale in with up to three......

• Trading the World Wide Forex Market Forex is a trading 'method' also known as FX or and foreign market exchange. Those involved in the foreign exchange markets are some of the largest companies and banks from around the world, trading in currencies from various countries to create a balance as some are going to gain money......
• Choosing the Right Types of Investments If you have a regular, traditional type of pension plan, then your employer is responsible for making all of your investment decisions in your place. With most other types of retirement plans that are out there, however, you are the one that is in the driver's seat. Some people believe......
• Day Trading Forex, Futures and Stock Market Invisible Indicators When day trading (or even swing trading or investing) Forex, futures, the stock market or any other market, there are essentially 2 types of indicators or signals you can use: Obvious  Market Signals: These are things that everyone sees. They are very important for you to see for some important......

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 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 SPY. A stock market sell-off will trigger our etf exit signals. The leveraged 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. Have a great weekend!

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 …

• 11/5 - ETF Trading - IWM, UWM, EWT, EWY Markets closed a bit higher yesterday and triggered exit signals for EWT and EWY - unfortunately for us, at a loss. We lost 2.18% on EWT and we lost .66% on EWY. Otherwise, we still have full trading positions for any of the remaining etfs we've been following for the......
• 01/25 - ETF Trading - EWH, EWZ, SPY, SSO With Friday’s market sell-off, we now have 3 trading positions in EWH and and EWZ, and 1 trading position in SPY and/or SSO. Should the market sell-off today, scale into a second position for SPY and/or SSO. Otherwise, exit these etf trades at the market close when the etf price......
• 10/26 - ETF Trading - IWM, UWM, EWC, EWT, EWY Prices for IWM, UWM and EWC moved lower at the close on Friday. As a result, we scaled-in to our second position. Should the market move higher from here, exit the trade at the market close when the etf price is greater than the MA(5), or - for a potentially......

• 10 Reasons You Should Never Short a Stock or Index Fund Short sellers are often cast as the big bad villains on Wall Street. After all, they are the all knowing, short term traders placing big money bets hoping your portfolio goes down in value while they turn a quick profit. Unfortunately, for all of the bearish sentiment they spew......
• 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......
• Exchange Traded Funds a.k.a ETFs It’s time for another investment post in the My First Portfolio series.  I hope you have enjoyed reading about Mutual Funds, Stocks , and Dividends.  Today we are going to discuss another type of investment option that is available for our investment portfolios. Exchange Traded Funds are also known as......