Category Archives: Trading News

ETFs to Watch 2.4.18

ETFs to Watch 2.4.18

Hallo from Munich, Germany! This week’s recording is taking place from the beautiful city of Munich. Looking back at the US markets on Friday the predicted corrective moves are in place. It feels more like profit taking than all out selling panic though. I’m watching closely for great bargains and there is one market in particular I’m buying RIGHT NOW.

Watch this week’s video for more!

Facebooktwittergoogle_plusredditpinterestlinkedinmail

1-29-18 – Trading Strategy

1-29-18 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



11/2/17 – 800 EPI (India) @ $27.31 ($21,848 Position Size)
12/1/17 – 181 XIV (Inverse VIX) @ $110.00 ($20,000 Position Size)
1/16/18 – 750 DRV (Inverse Real Estate) @ $12.00 ($9,000 Position Size)
1/23/18 – 64 LABU (Biotech) @ $103.50 ($6,521 Position Size)

Positions I’m Opening


– No new orders for Monday

Positions I’m Closing


 

Sell EPI (India) Limit @ $30.50 11.68% or ($2,552 Profit)
Sell EPI (India) Stop Limit @ $28.50 or 4.36% or ($952 Profit)

Sell XIV (Inverse VIX) Limit @ $150.00 36.36% or ($7,273 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $135 22.73% or ($4,545 Profit)

Sell DRV (Inverse Real Estate) Limit @ $14.00 16.67% or ($1,500 Profit)
Sell DRV (Inverse Real Estate) Stop Limit @ $10.00 16.67% or ($1,500 Loss)

Sell LABU (Biotech) Limit @ $125.00 20.77% or ($1,355 Profit)
Sell LABU (Biotech) Stop Limit @ $80.00 22.71% or ($1,481 Loss)

 

Today’s Update


Volatility is picking up. As you can see from the chart above, many ETFs are exceeding their average percentage moves. Also, many appear over extended as the slope of their upward moves are unsustainable. I’ve been waiting for some pullbacks to occur, but they just keep going up. I’ll keep pushing up the stops in my positions to capitalize more, but I’m hoping to see some pullback this week to ride these waves a second time.

 Current Performance


LABU (Biotech) is picking up and helping the overall returns. XIV (Inverse VIX) has been bouncing sideways and testing my $135 stop level as volatility has been picking up short term. DRV (Inverse Real Estate) is also picking up nicely and EPI (India) remains steady. There are so many other ETFs that I sold out of, for a profit, but they keep going up. I need to be more aggressive in my profit targets as this is an extreme bull market.

What I’m Watching


UGLD (Gold) has broken it’s resistance level of $11.50, but is now testing a previous high around $12.80. This is also known as a “double top”. This could be a bullish sign if we break above this level for Gold. Otherwise, a short term downside play is possible, but I’ll wait until it breaks back into the $11.50 – $9.25 channel before I play it.
With so many bull markets going on, there is no reason I see to chance a sideways market with little direction and perhaps a small correctional move to play.
UGAZ (Natural Gas) is showing an early signal of a upside move. I was stopped out in DGAZ (Inverse Natural Gas) as the multi-month down trend failed to continue. But now, we’ve had an extreme PPO turnover in December, we’ve broken all the major moving averages and now we’re just outside the existing downside trend channel.
I’m about to call this a reversal, but I want to see how Monday plays out. If we get a nice spike in volume with a bigger move, then I’ll go for it. When you have a downtrend that has lasted since March, you don’t pull the trigger early on a possible reversal.
Positions I’m Closing

Sell EPI (India) Limit @ $30.50 11.68% or ($2,552 Profit)
Sell EPI (India) Stop Limit @ $28.50 or 4.36% or ($952 Profit)

EPI is still moving steady. No changes to my existing orders for now.

 

Sell XIV (Inverse VIX) Limit @ $150.00 36.36% or ($7,273 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $135 22.73% or ($4,545 Profit)

Intraday volatility is picking up. I cam close to being stopped out at my lower profit level of $135. This coincided with the US short term government shutdown, hopefully next week will bring more calm to the market and a continued move higher for XIV. Keeping my orders the same, a $4,500 profit will be fantastic, but I’d love to see if we can scale this off at $150 for the $7k in profits.

 

 

Sell DRV (Inverse Real Estate) Limit @ $14.00 16.67% or ($1,500 Profit)
Sell DRV (Inverse Real Estate) Stop Limit @ $10.00 16.67% or ($1,500 Loss)

DRN (Real Estate) bounced nicely off the 20-day EMA in purple and is just about below it $20 support level again. This should bode well for my inverse position in DRV (Inverse Real Estate).

Chart and orders for DRV (Inverse Real Estate) almost break even again with the move lower in DRN (Real Estate). I have lots of wiggle room in this trade, so let’s see if the drop in real estate continues.

Sell LABU (Biotech) Limit @ $125.00 20.77% or ($1,355 Profit)
Sell LABU (Biotech) Stop Limit @ $80.00 22.71% or ($1,481 Loss)

Nice recovery from Wednesday and we’re back into profitability. Looking forward to more positive Biotech earnings announcements which should continue to drive this ETF higher.

Facebooktwittergoogle_plusredditpinterestlinkedinmail
1 2 3 252