ETF Trading Research 11/13/2017

More in a few minutes.

For those of you new here, I most of the time have the ETF Trading Research report out by 8PM PDT, and it comes by an RSS feed, but you can look at the report here sometimes before you get it in your mailbox; https://illusionsofwealth.com/category/etf-blogs/  This is also the same link if there are any technical difficulties.

 

Today’s Trades and Current Positions (highlighted in yellow):

Today we got in metals and miner shorts and doing well with JDST but DUST just couldn’t push higher. DSLV also for a trade the opposite didn’t fare too well but I think gold and silver still have another leg down. USLV turning red, JDST and DUST going green on the weekly. Too much power behind this trend I think. DGAZ we profited from overall but I got us out a bit too early. Market makers really whipsawed us, but we broke to new lows and I said they might take out the highs now and they did. But we took the profits and watched before getting back in on a UGAZ red weekly trade the opposite buy late in the day. I think we’ll come out ok with the 2% goal on 1/2 on it as nat gas goes below 3.10.

 

 

Economic Data For Tomorrow 

Why so many central bankers speaking tomorrow? Because they have a meeting. Will be interesting to see what wisdom they bring forth. We have PPI also tomorrow pre-market. Later in the day API Weekly Crude Oil Stock which can affect our DWT trade.

http://www.investing.com/economic-calendar/

Stock Market 
Markets started out weak and came all the way back once again. But nothing jumping out at us that says buy as UVXY seems to be bottoming and market possibly topping out.
Foreign Markets
YANG I think is getting close now. RUSS triggered today.
Interest Rates
TMV we are long again.
Energy
Yesterday I said; “I do expect on this move lower for UGAZ to go red on the weekly.” Today we got it. After scalping some profit from DGAZ we are long per the trade the opposite strategy.
DWT took off today and came all the way back. On that dip we got long with the trade the opposite signal and we’ll see what we can do to profit now.
Precious Metals and Mining Stocks
Gold and silver held steady today, but didn’t shoot up higher. 1280 is about all gold had in it. But it didn’t shoot lower either when TMV or USD/JPY moved higher. But miners did and we are up on that trade. Expect the entire metals and miners complex now to give us more profit than what we got today.
Monday Night Price
Sunday Night Price

 

Thursday Afternoon Price

Wednesday Afternoon Price

Tuesday Afternoon Price

 

 Hot Corner (the biggest movers – 3% or more – or new ETFs that are green on the weekly – those in bold are consecutive days in the Hot Corner):

DGAZ, DRIP, LABD  (RUSS new green weekly)

Cold Corner (the biggest move lower 3% or more that are green on the weekly and or weekly/monthly or turned red on the weekly – those in bold are consecutive days in the Cold Corner):

UGAZ, GUSH, LABU, (UGAZ and UWT new red weekly’s)

Green Weekly’s

These are the ETFs that have turned green on the weekly and the dates they turned green. This is used for tracking your percentage gains so you know when to take profit for each ETF per the Trading Rules profit taking guidelines. These green weekly’s work as you can see from the %Gain/Loss tables. You won’t get the exact high with your trade but you will also be out typically well before they start to fall again or turn red on the weekly. Your best way to profit with the service is stick with the green weekly trend and take profit while using a trailing stop on remaining shares. Also, if these green ETFs are up for the day at the open, they offer the best scalping opportunities. I am always fine tuning this section so if there is confusion at all, email me and be specific and I’ll be happy address.

I know I have said this many times but it is worth repeating; If you stick with the green weekly trades your odds of profit increase as there is more risk with the day trades. I call the day trades with the intent of catching some runners, so will get a few 1% stop outs but eventually catch the 5% to 10% or more runners.  The important part of the list below is that the longer the ETF stays on the list (the one’s at the top of the list by Entry Date) the more likely it is to turn red on the weekly and the opposite ETF comes into play as a long.

Sell half shares on a spike up on any ETF you are long, even if goal is higher. Spikes higher are almost always followed by moves in the opposite direction. Try and get out with a market order quickly before the quick move back lower. Lock in that profit! 

 

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