Category Archives: Trading News

ETFs to Watch – 3.12.17

ETFs to Watch – 3.12.17

It’s been a great few weeks for the bulls, but something is changing in the markets. Is it profit taking or is it a sign of a larger correction to come? How long can these markets hold their optimism with lingering growth forecasts?

Market correlations are strong again which makes it hard to find proper diversification. Friday’s binary job event sent a quick influx into the market, but is it enough to reignite the buyers on Monday or setup the suckers for a quick sell-off?

Check out this and more in this weeks ETFs to Watch!

 

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3-1-17 – Trading Strategy

3-1-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



1/23/17 – TMV (Inverse 20+ Year Treasury Bonds) @ $23.00 ($17,250 Position Size)
2/22/17 – EDC (Emerging Markets) @ $71.50 ($19,500 Position Size)
2/22/17 – DGAZ (Inverse Natural Gas) @ $6.50 ($6,500 Position Size)

Positions I’m opening


 

– No new positions for tomorrow. Waiting to see how the markets react to Trump’s speech tomorrow.

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

Today’s Update


Market Snapshot 2-28-17

Markets are getting spooked, but are they going to stay this way or will tonight’s speech drive this direction further? Tomorrow will be a good precedence for the trading days to come.

Sold RUSS (Inverse Russia) Limit @ $7.00 8.02% or ($686 Profit)

RUSL (Russia) gapped down today filling my order in RUSS (Inverse Russia) along with it. This also signals a clear new downtrend which I want to take advantage of on the first pullback in RUSL (Russia).

RUSL 2-28-17

Chart and order fill today for RUSS (Inverse Russia)

RUSS 2-28-17

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

TMV is hovering dangerously low to my stop. I see no reason to give it more leg room since this is a historical support level. If it’s broken then I will have to admit my directional play was incorrect and take the loss.

TMV 2-28-17

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

EDC is on it’s 3rd day lower. It’s clearly out side of it’s trend channel and below the 20-day EMA. After tonights Trump speech, we’ll have to see if this benefits or gets stopped out tomorrow.

EDC 2-28-17

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

DGAZ reversed from it’s gap higher yesterday, but it’s still in a sideways trading range. Waiting to see what happens here as well.

DGAZ 2-28-17

 

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2-28-17 – Trading Strategy

2-28-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



1/23/17 – TMV (Inverse 20+ Year Treasury Bonds) @ $23.00 ($17,250 Position Size)
2/22/17 – EDC (Emerging Markets) @ $71.50 ($19,500 Position Size)
2/22/17 – DGAZ (Inverse Natural Gas) @ $6.50 ($6,500 Position Size)
2/27/17 – RUSS (Inverse Russia) @ $6.48 ($11,045 Position Size)

Positions I’m opening


 

– No new positions for tomorrow

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

Sell RUSS (Inverse Russia) Limit @ $7.00 8.02% or ($686 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $5.60 13.58% or ($1,500 Loss)

Today’s Update


Market Snapshot 2-27-17

Markets were pushing some surprising extremes today. JNUG (Junior Gold Miners) fell like a rock today with no immediate news to substantiate it. It could be a premonition of things to come, but regardless, the move was big enough to stop me out.

I missed the move in LABU (Biotech) because I put in a limit order again instead of an OCO (Order Cancels Order) for a higher price and a lower price. It appears I’d be better off using OCO orders for everything to ensure I get a fill as I’m missing out on big moves that I’m identifying because I’m not putting in the best order type.

LABU 2-27-17

JNUG (Junior Gold Miners) stopped out @ $9.50 for a $1,527 Loss

The purpose of the $9.50 stop loss was in case of a big and unexpected move, but it was also far enough beyond all the normal bullish indicators to prove that I was wrong about the uptrend. Today was either an anomaly or the start of a sharp reversal. President Trump has a State of the Union speech tomorrow which could have dramatic impacts on the markets this week. Gold will either be seen as a safe haven or an unnecessary commodity. I’ll watch carefully at JNUG to see if there are any ways to get back into this.

JNUG 2-27-17

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

TMV 2-27-17

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

EDC pulled up just before hitting my stop today. Now to see if I gave enough wiggle room for this to return to profitability.

TMV 2-27-17

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

UGAZ (Natural Gas) had a beautiful gap lower today. Still within the existing down trend, and hopefully will continue to do so. It also broke in a new low which could increase it’s selling pressure which only helps DGAZ (Inverse Natural Gas).

UGAZ 2-27-17

Chart and orders for DGAZ (Inverse Natural Gas)

DGAZ 2-27-17

Sell RUSS (Inverse Russia) Limit @ $7.00 8.02% or ($686 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $5.60 13.58% or ($1,500 Loss)

RUSS (Inverse Russia) did successfully fill today (unlike LABU) with a small pull back enough to get filled and then RUSL (Russia) dropped lower. It closed right on the 100-day EMA in Orange so now to see if that provides support or if we have the momentum to continue to ride this new downtrend lower.

RUSL 2-27-17

Chart and orders for RUSS (Inverse Russia) for tomorrow

RUSS 2-27-17

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